The IPO Buzz: Cantor Equity Partners III (CAEP) Raises $240 Million in Upsized IPO

Cantor Equity Partners III (CAEP) upsized its SPAC IPO by 20 percent to 24 million shares at pricing – and raised $240 million – on Wednesday night, June 25, 2025. At pricing, Cantor increased the size of Cantor Equity Partners III’s IPO by 4 million shares. This is a stock-only SPAC. No warrants or rights were offered. The IPO price was $10.00 a share, which is standard for a SPAC. Cantor Equity Partners III (CAEP) is expected to start trading today – Thursday, June 26, 2025 – on the NASDAQ. Cantor served as the sole book-runner. In the prospectus, Cantor said its search for an acquisition target will include, but not be limited to, the following sectors – financial services, digital assets, healthcare, real estate services, technology and software industries. Cantor is one of the major names on Wall Street. Founded over 75 years ago, Cantor was led by Howard W. Lutnick from 1992 until February 2025 when he became the United States Secretary of Commerce. Brandon Lutnick is the chairman and CEO of Cantor Equity Partners III. He joined Cantor in April 2022. He has served as the chairman and CEO of Cantor since February 2025. Jane Novak is the CFO of Cantor Equity Partners III. She joined Cantor in October 2017. Since then, she has served as the global head of accounting policy. (For more information about these companies, please check the IPO Calendar and the individual IPO Profiles found on the IPOScoop.com  website.) Note: Never trade on proposed symbols. They have been known to change and you might buy something on the OTC Bulletin Board. To see what time the NASDAQ IPOs are expected to trade, please log in to: NASDAQTrader.com then scroll down to IPO Message. Disclosure: Nobody on the IPOScoop.com staff has a position in any stocks mentioned above, nor do they trade or invest in IPOs. The IPOScoop.com staff does not issue advice, recommendations or opinions. Disclaimer: A SCOOP Rating (Wall Street Consensus of Opening-day Premiums) is a general consensus taken, at press time, from Wall Street and investment professionals concerning how well an IPO might perform when it starts trading. The SCOOP Rating does not reflect the opinions of anyone associated with IPOScoop.com. The SCOOP ratings should not be taken as investment advice. The rating merely reflects the opinion of the professionals at the time of publication and is subject to last-minute changes due to market conditions, changes in a specific offering and other factors, such as changes in the proposed offering terms and the  shifting of investor interest in the IPO. The information offered is taken from sources we believe to be reliable, but we cannot guarantee the accuracy.