Cantor Fitzgerald’s SPAC machine keeps humming. Cantor Equity Partners VII priced its initial public offering at $250 million on June 16, offering 25 million Class A ordinary shares at $10.00 each.
The blank-check company, trading under the Nasdaq ticker CAES, is expected to begin trading on June 17, with the offering closing on June 18. Cantor Fitzgerald & Co. is serving as the sole book-running manager.
The seventh time’s the charm
Brandon Lutnick serves as both Chairman and CEO of the vehicle. The S-1 filing, dated May 22, lists a broad set of target sectors: financial services, digital assets, healthcare, real estate, technology, software, and energy. No specific merger target has been identified yet.
Cantor’s crypto SPAC pipeline
