Cantor Equity Partners

CEP

Market cap $143M

Cantor Equity Partners (CEP) plans to bring Twenty One (XXI), a pureplay Bitcoin treasury and fintech company, public via de-SPAC in late 2025. XXI will focus solely on accumulating and managing Bitcoin, differentiating itself from companies like MicroStrategy (MSTR) by avoiding legacy business operations. CEP's share price has shown strong correlation with Bitcoin, exposing investors to significant volatility and risk tied to Bitcoin's price movements.

Two small issuers and one SPAC priced offerings this past week, but there was big news in the pipeline, as a few large names submitted initial filings. The week's largest deal came from the sole blank check IPO, Cantor Equity Partners IV, which raised $400 million in the year's second largest SPAC offering. Street research is expected for four companies in the week ahead, and three lock-up periods will be expiring.

AUSTIN, Texas--(BUSINESS WIRE)--Twenty One Capital, Inc. (“Twenty One” or “the Company”), the first-ever Bitcoin-native company that expects to be publicly listed at the closing of its previously announced business combination, today announced that, at closing of the business combination, it expects to receive approximately 5,800 additional Bitcoin from Tether, ahead of Twenty One's planned public listing. This brings Twenty One's total holdings at closing to over 43,500 Bitcoin. These figures.

AUSTIN, Texas--(BUSINESS WIRE)--Cantor Equity Partners, Inc. (“CEP”) (Nasdaq: CEP), a special-purpose acquisition company sponsored by an affiliate of Cantor Fitzgerald, and Twenty One Capital, Inc. (“Twenty One”), a newly formed entity focused exclusively on Bitcoin-related business lines that, among other things, offer shareholders a differentiated opportunity to gain exposure to Bitcoin through the equity markets, today announced the recent confidential submission by Twenty One and Twenty On.

Strategy (MSTR 3.22%), formerly known as MicroStrategy, has transformed itself from an enterprise software provider to a Bitcoin (BTC -1.15%) treasury over the last few years. The company's software business has taken a back seat to CEO Michael Saylor's efforts to accumulate more and more Bitcoin every week.

Shares of blank-check firm Cantor Equity Partners surged 29% on Friday, extending a scorching rally from their previous session, as retail investors hoping to capitalize on the growing interest in bitcoin flocked to the stock.

AUSTIN, Texas--(BUSINESS WIRE)--Twenty One Capital, Inc. (“Twenty One” or “the Company”), a newly formed entity, today announced it has entered into a definitive agreement for a business combination with Cantor Equity Partners, Inc. (“CEP”) (Nasdaq: CEP) (the “Business Combination”), a special-purpose acquisition company (SPAC) sponsored by an affiliate of Cantor Fitzgerald, a leading global financial services and real estate services holding company. At the closing of the Business Combination,.

This week was another slow week for pricings, with two companies making their public debut, along with three SPACs. On the filing side, offshore-focused drilling equipment and aftermarket service provider, HMH Holding, filed to raise $100 million. Three IPOs are currently scheduled to list in the week ahead, all based in the Asia Pacific region. One SPAC is also expected to price.

NEW YORK , Aug. 14, 2024 /PRNewswire/ -- Cantor Equity Partners, Inc. (Nasdaq: CEP, the "Company") announced today that it closed its initial public offering of 10,000,000 Class A ordinary shares at $10.00 per share. The shares began trading on Tuesday, August 13, 2024 on the Nasdaq Global Market ("Nasdaq") under the symbol "CEP".