Cantor Equity Partners III, Inc. Announces Closing of $276 Million Initial Public Offering
NEW YORK--(BUSINESS WIRE)--Cantor Equity Partners III, Inc. (Nasdaq: CAEP) (the 'Company') announced today that it closed its initial public offering of 27,600,000 Class A ordinary shares at $10.00 per share, which was upsized, including 3,600,000 Class A ordinary shares issued pursuant to the full exercise by the underwriters of their over-allotment option. The shares began trading on the Nasdaq Global Market under the symbol 'CAEP' on June 26, 2025.
Of the proceeds received from the consummation of the initial public offering and a simultaneous private placement of shares, $276,000,000 was placed into the Company's trust account. An audited balance sheet of the Company as of June 27, 2025, reflecting receipt of the proceeds from the consummation of the initial public offering and such private placement, will be included as an exhibit to a Current Report on Form 8-K to be filed by the Company with the Securities and Exchange Commission.
Cantor Fitzgerald & Co. acted as the sole book-running manager for the offering.
About Cantor Equity Partners III, Inc.
Cantor Equity Partners III, Inc. is a blank check company sponsored by Cantor Fitzgerald and led by Chairman and Chief Executive Officer Brandon Lutnick. Cantor Equity Partners III, Inc. was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company's efforts to identify a prospective target business will not be limited to a particular industry or geographic region, but the Company intends to focus on a target in an industry where it believes the Company's management teams' and affiliates' expertise will provide the Company with a competitive advantage, including the financial services, digital assets, healthcare, real estate services, technology and software industries.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission (the 'SEC') on June 25, 2025. The offering has been made only by means of a prospectus, copies of which may be obtained by contacting Cantor Fitzgerald & Co., Attention: Capital Markets, 110 East 59th Street, 6th Floor New York, New York 10022; Email: prospectus@cantor.com. Copies of the registration statement can be accessed through the SEC's website at www.sec.gov.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Forward-Looking Statements
This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, including with respect to the anticipated use of the net proceeds of the offering as described in the offering prospectus, are subject to risks and uncertainties, including those set forth in the Risk Factors section of the Company's registration statement and prospectus for the offering filed with the SEC, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
41 minutes ago
- Yahoo
Tech stocks are powering this record-setting rally on Wall Street — but how long can it last?
After months of anxiety over tariffs, inflation, Middle East tensions and so much more, the S&P 500 and Nasdaq Composite have scaled yet another wall of worry — mounting a strong comeback and returning to record territory for the first time in months. See: S&P 500 scores record high for first time in 4 months. What could push stocks higher from here? My wife and I have $7,000 a month in pensions and Social Security, plus $140,000 cash. Can we afford to retire? My job is offering me a payout. Should I take a $61,000 lump sum or $355 a month for life? 'He doesn't seem to care': My secretive father, 81, added my name to a bank account. What about my mom? I'm a stay-at-home. Do I take a part-time job to spend more time with my kids — or get a job for six figures? What drove stock market's record-breaking week? Don't overlook growing rate-cut expectations. Investors now wonder whether the new records signal the start of a longer-lasting rally in the U.S. stock market, or if it's merely a short period of boom before the next big shakeout. For some strategists, the answer hides in one of the market's most longstanding questions: How broad is the rally? Technology stocks have been at the forefront of the market's record-setting rally. The so-called Magnificent Seven cohort of megacap tech names — which includes Apple Inc. AAPL, Microsoft Corp. MSFT, Nvidia Corp. NVDA, Inc. AMZN, Google parent Alphabet Inc. GOOGL GOOG, Meta Platforms Inc. META and Tesla Inc. TSLA — have collectively added $4.7 trillion in market capitalization since the stock market's April 8 closing low, bringing their total market value to nearly $18 trillion as of Friday afternoon, according to Dow Jones Market Data. Also leading the gains on the S&P 500 SPX were shares of Coinbase Global Inc. COIN, which have surged over 140% since April 8, making it the top performer among the large-cap index's 500 components. Following closely behind are shares of Seagate Technology Holdings STX and Microchip Technology Inc. MCHP, which also logged notable gains of over 100% in the same period, according to Dow Jones Market Data (see table below). Beyond individual names, tech-related sectors have also stood out as the best performers on the S&P 500 since April 8. The S&P 500's information-technology sector XX:SP500.45 has popped over 41% since early April, while the communication-services sector XX:SP500.50 is up nearly 28%, compared with the 24% gain for the broader index over the same period, according to FactSet data. The strength in technology stocks has prompted many to question if the rally is being driven by a wide swath of stocks or just a powerful few. But the answer isn't straightforward — and it depends on which measure of market breadth investors are looking at. The New York Stock Exchange's daily advance-decline (A/D) line — one of the most widely followed stock-market breadth indicators measuring the difference between the number of advancing and declining stocks — rose to an all-time high on Thursday, when the S&P 500 and the Nasdaq Composite COMP briefly tested their record highs for the first time in at least four months. Tom Essaye, founder and president of Sevens Report Research, said that the new highs in the NYSE A/D line showed that the recent advance toward record territory is 'broad-based,' and it should be considered 'both historically healthy and likely sustainable.' Strong returns in cyclical sectors since the April lows also suggest the record-setting rally isn't entirely confined to megacap technology stocks. The S&P 500's industrials sector XX:SP500.20 has risen nearly 27% since April 8, while the financials XX:SP500.40 and materials XX:SP500.15 sectors are also up nearly 19% in the same period, according to FactSet data. See: This outlook shows why investors should maintain exposure to the 'Magnificent Seven' However, although the NYSE A/D line shows positive breadth in the stock rally, the reading on the percentage of the S&P 500's stocks trading above their 200-day moving averages offers reason for concern. Only about 50% of the S&P 500's stocks on Thursday traded above their 200-day moving averages (DMA) — well below the early-May highs, according to data compiled by Sevens Report Research. Typically, a healthy market sees between 65% to 80% of the S&P 500's stocks trading above their 200-DMA. The 200-day moving average is usually considered a key indicator for determining the overall long-term trends of a security. 'The divergence between the bullish NYSE A/D line reading and recently heavy action in the percentage of S&P 500 stocks trading above their 200-DMA is a source of concern that the rally off the April lows has been due to a combination of real strength in some corners of the market, but simply counter-trend, bear-market rallies in others,' Essaye said in a Friday client note. 'For the bulls, the best-case scenario is for the percentage of the S&P 500's stocks trading above their 200-DMAs to rise beyond the May highs of 55%,' he added. Meanwhile, the S&P 500 Equal Weight Index XX:SP500EW — which gives equal value to all of the stocks that are included in the S&P 500, regardless of the size of the company — has risen 18.7% since April 8. That compares with the 24% advance for the market-cap-weighted S&P 500 index in the same period, according to FactSet data. See: What drove stock market's record-breaking week? Don't overlook growing rate-cut expectations. 'We do need to see continuation in the rally across some other sectors, besides just tech or communications,' Ben Fulton, chief executive officer of WEBs Investments Inc., told MarketWatch in a phone interview on Friday. But he added that Federal Reserve interest-rate cuts would still be 'necessary for any of the lagging stock sectors that are dependent on debts and financing' to keep pace with technology stocks. To be sure, investors have been growing more confident in the outlook for the U.S. economy ever since President Donald Trump softened his stance on sweeping tariffs and struck trade deals with some of the U.S.'s major trading partners, including China and the U.K. Meanwhile, the likelihood of at least three quarter-point rate cuts from the Fed by year-end, signs that recent tariffs have not significantly impacted inflation, and easing tensions between Israel and Iran also lifted market sentiment. U.S. stocks finished higher on Friday, with the three major stock indexes booking strong weekly gains. The S&P 500 rose 3.4% for the week, while the Dow Jones Industrial Average DJIA was up 3.8% and the Nasdaq Composite surged 4.3%, according to FactSet data. See: Trump's latest trade threat looms over Wall Street as investors celebrate stock market's return to record territory My brother stole $100K from my mom to buy bitcoin. Do I convince her to sue him? Trump's latest trade threat looms over Wall Street as investors celebrate stock market's return to record territory My cousin died before claiming his late father's $2 million estate. Will I be next in line for this inheritance? We're living in 'end times' when you can't retire on $1 million Coinbase's stock is up over 40% this month as Wall Street projects amazing profit growth Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
41 minutes ago
- Yahoo
Which "Magnificent Seven" Stock Makes the Best Buy for the Second Half?
Tech stocks known as the "Magnificent Seven" led market gains last year. One particular AI leader rose 800% over three years but still has plenty of room to run. 10 stocks we like better than Nvidia › A group of technology stocks, known as the "Magnificent Seven" -- a nod to the 1960 Western -- led stock market gains last year and has started to rebound in recent times. Which one makes the best buy for the second half? The answer to that question is Nvidia (NASDAQ: NVDA), even though the stock has already climbed 800% over the past three years. Let's find out why this top artificial intelligence (AI) stock may still be in the early days of its growth story. Nvidia has played a key role since the first days of the AI boom, and this is because it designs the crucial element that makes AI work: chips. They're known as graphics processing units (GPUs), and they power the fundamental step of training AI models, a process that allows those models to then handle complex tasks and solve real-world problems. So, without these chips, we wouldn't have AI. This helped Nvidia's revenue take off a few years ago, as you can see in the chart below. In Nvidia's earlier days, it primarily served the video gaming market, which resulted in progressive growth, but revenue levels were a far cry from today's AI-driven revenue. This is because companies realize the potential of this technology to save them time and money and even help them develop game-changing products and services, so they're pouring investment into AI. And Nvidia, as the leading chip designer, is benefiting. This potential is further illustrated by forecasts calling for the AI market to reach into the trillions of dollars in a few years from now. Importantly, Nvidia isn't just about GPUs. The company has built an AI empire, creating software and networking tools, and it even aims to power the humanoid robots of tomorrow. This expansion is key to Nvidia's growth because it enables the company to benefit from every stage of AI development -- not just the early days of infrastructure ramp-up. Meanwhile, Nvidia has also put the focus on innovation to ensure it stays ahead of its rivals. It has pledged to update its chips yearly and has already offered investors visibility into planned launches over the coming three years. Though rivals are carving out market share -- for example, Advanced Micro Devices recently reported a 57% increase in data center quarterly revenue -- Nvidia's innovation should keep it in the top spot. The enormous demand for AI means that others, like AMD, can succeed without truly encroaching on Nvidia's territory. The biggest disappointment for Nvidia and investors at this point (and possibly into the future) is the situation concerning exports to China. The U.S. has blocked chip exports, cutting Nvidia out of the market that represented 13% of its revenue last year. This isn't a non-event, and if the situation remains as is, it limits Nvidia's growth opportunities to some degree. The good news is that Nvidia makes most of its revenue in the U.S. and a great deal in other locations as well, so the export situation doesn't necessarily translate to slow growth for this chip giant. All this sounds positive, but why is Nvidia the best Magnificent Seven buy for the second half? Nvidia remains the best overall AI bet due to its deep presence across every stage of the technology's growth. The world's biggest tech companies turn to Nvidia to power their platforms, and that's unlikely to change, as these customers aim to use the fastest processors available -- and those are likely to have the name Nvidia on them well into the future. Nvidia will accompany these customers as they deploy AI agents within their businesses or develop humanoid robots down the road. At the same time, Nvidia's valuation leaves the stock plenty of room to run. Though it's inched higher in recent weeks, it still trades significantly lower than it did just a few months ago, at 36 times forward earnings estimates compared to more than 50 times. All these elements, from Nvidia's presence across AI to its price today, support my prediction that this stock will roar higher in the second half and over the long run, too. Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Adria Cimino has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices and Nvidia. The Motley Fool has a disclosure policy. Which "Magnificent Seven" Stock Makes the Best Buy for the Second Half? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
2 hours ago
- Business Wire
ELV截止日期：Rosen Law Firm敦促損失超過10萬美元的Elevance Health, Inc. (NYSE: ELV)股東與法律事務所聯絡以瞭解有關其權利的資訊
紐約--(BUSINESS WIRE)--(美國商業資訊)-- 全球投資人權益法律事務所Rosen Law Firm提醒投資人，一名股東代表在2024年4月18日至2024年10月16日期間購買Elevance Health, Inc. (NYSE: ELV)普通股的投資人提起了集體訴訟。Elevance將自身描述為「一家為多個市場提供健康保險計畫的醫療保健公司」。 如欲瞭解更多資訊，請遞交 表格 、向Phillip Kim律師 寄送電子郵件 ，或致電866-767-3653聯絡我們。 指控內容：Rosen Law Firm正在調查對Elevance Health, Inc. (NYSE: ELV)在其業務營運方面誤導投資人的指控。 起訴書指稱，被告做出了虛假和/或誤導性陳述及/或未揭露：在醫療補助(Medicaid)重新認定程序接近完成時，被告向投資人表示，其正密切監控與重新認定程序相關的成本趨勢，且Elevance與各州協商的保費費率足以因應繼續參加醫療補助計畫病患的風險和成本狀況。儘管被告承認醫療補助支出在上升，但仍多次向投資人保證，這已充分反映在Elevance的年度指引中。這些陳述存在重大虛假或誤導性。事實上，重新認定導致Elevance醫療補助會員的疾病嚴重程度和醫療服務利用率顯著上升，因為被移出醫療補助計畫的會員平均而言比保留資格的會員更健康。這一變化的程度並未反映在Elevance與各州的費率協商中，也未體現在其2024年的財務指引裡。訴訟稱，當市場瞭解真實詳情後，投資人蒙受了損失。 現在怎麼辦：您可能有資格參與針對Elevance Health, Inc.的集體訴訟。如果有股東希望擔任該集體訴訟的原告代表，則必須在2025年7月11日之前向法院提出申請。原告代表是指代表其他集體訴訟成員主導訴訟的當事人代表。您無需參與此案即有資格獲得追償。如果您選擇不採取任何行動，您也可以保持缺席集體訴訟成員的身分。如欲瞭解更多資訊，請點選 此處 。 所有代理均為勝訴後取酬。股東無需支付任何費用或開支。 關於Rosen Law Firm：與Rosen Law Firm不同，一些就此等事宜發表公告的法律事務所並不會實際提起證券集體訴訟。身為股東權益訴訟領域公認的領導者， Rosen Law Firm 一直致力於協助股東挽回損失、改善公司治理結構，並追究公司高階主管的違法行為責任。自成立以來，Rosen Law Firm已經為股東挽回了超過10億美元的損失。 請在LinkedIn： 、Twitter： 或Facebook： 上關注我們，以瞭解最新情況。 律師廣告。先前案例不保證可獲致類似結果。 免責聲明：本公告之原文版本乃官方授權版本。譯文僅供方便瞭解之用，煩請參照原文，原文版本乃唯一具法律效力之版本。
