SearchingCEPF · NasdaqCIK 2034267Sponsor at IPO: Cantor EP Holdings IV, LLC
Cantor Equity Partners IV, Inc.
$450MTrust raised at IPO
- IPO20 Aug 2025
- Searching24 months
- Deal announced—
- Closed—
Deadline before any extension: 22 Aug 2027 (24 months from the IPO closing). Extensions approved later are not added.
- 01
Larger than 97% of 2025’s SPAC IPOs.
$450M raised, against a median of $230M for the 143 SPACs that priced in 2025.
- 02
Original deadline August 2027.
24 months from the IPO closing, before any extension. No business combination agreement is in force.
Worked out from checked figures in snapshot 14 · no forecasts or advice
Key terms
Other 2025 SPAC IPOs →- IPO priced
- 20 Aug 2025
- IPO closed
- 22 Aug 2025
- Raised
- $450M1
- Units sold
- 45,000,0002
- Trust raised
- $450M3
- Trust per unit
- $10.004
- Unit
- Shares only5
- Months to complete
- 246
- Deadline before extensions
- 22 Aug 2027
- Over-allotment
- Exercised in part
Each unit: “shares only: no units, warrants or rights”
How it compares
Cantor Equity Partners IV, Inc. against the 143 SPACs that priced in 2025.
- Raised
- $450M
- 97% of 2025 SPACs are below it
- 2025 median: $230M
- Trust per unit
- $10.00
- 83% of 2025 SPACs match it
- 2025 median: $10.00
- Months to complete
- 24
- 64% of 2025 SPACs match it
- 2025 median: 24
Trust and redemptions
No extension or merger vote with paid redemptions is on record for this SPAC yet.
Firms named in the prospectus
Bookrunners
Company counsel
Underwriters’ counsel
Auditor
Other SPACs from Cantor Equity Partners
Cantor Equity Partners’s track record →Cantor Equity Partners has brought 8 SPACs to market since 1 January 2019, $1.9B in all: 3 completed, 5 searching. 3 of the 3 that reached an end completed a merger.
| SPAC | IPO | Raised | Status | Outcome | Months |
|---|---|---|---|---|---|
| Cantor Equity Partners VII, Inc. | 16 Jun 2026 | $250M | Searching | — | — |
| Cantor Equity Partners VI, Inc. | 4 Feb 2026 | $115M | Searching | — | — |
| Cantor Equity Partners V, Inc. | 3 Nov 2025 | $250M | Searching | — | — |
| Cantor Equity Partners IV, Inc. This SPAC | 20 Aug 2025 | $450M | Searching | — | — |
| Cantor Equity Partners III, Inc. | 25 Jun 2025 | $276M | Completed | AIR Holdings Limited (AIIR) | 11 |
| Cantor Equity Partners II, Inc. | 1 May 2025 | $240M | Completed | Securitize Holdings, Inc. (SECZ) | 14 |
| Cantor Equity Partners I, Inc. | 6 Jan 2025 | $200M | Searching | — | — |
| Cantor Equity Partners, Inc. | 12 Aug 2024 | $100M | Completed | Twenty One Capital, Inc. (XXI) | 16 |
Months: from the IPO to the merger’s closing or the liquidation. SPACs are grouped by sponsor when their names, or their sponsor entities, match once the legal form and series numeral are taken off.
Peers
Other 2025 SPAC IPOs with Cantor Fitzgerald & Co. as bookrunner.
| SPAC | IPO | Raised | Unit | Status |
|---|---|---|---|---|
| American Drive Acquisition Co | 17 Dec 2025 | $230M | 1 sh + ⅓ warrant | Searching |
| Launchpad Cadenza Acquisition Corp I | 17 Dec 2025 | $230M | 1 sh + ⅓ warrant | Searching |
| Iron Horse Acquisition II Corp. | 16 Dec 2025 | $230M | 1 sh + 1 right (1/10) | Deal announced |
| ITHAX Acquisition Corp III | 11 Dec 2025 | $230M | 1 sh + ½ warrant | Searching |
| Bluerock Acquisition Corp. | 10 Dec 2025 | $173M | 1 sh + ⅓ warrant | Deal announced |
Sources
- PFinal prospectus: 0001213900-25-079372
- 1Gross proceeds: 0001213900-25-081780
at a purchase price of $10.00 per Public Share, generating gross proceeds of $450,000,000, as described in Note
- 2Units sold: 0001213900-25-081780
On August 22, 2025, the Company consummated the Initial Public Offering of 45,000,000 Class A ordinary shares
- 3Trust raised: 0001213900-25-081780
A total of $450,000,000, or $10.00 per Public Share, comprised of the net proceeds from the IPO and the Private Placement, was placed in a U.S.-based trust account
- 4Trust per unit: 0001213900-25-079372
$400,000,000 (or $460,000,000 if the underwriters’ over-allotment option is exercised in full), or $10.00 per public share in either case, will be placed into a trust account in the United States at J.P. Morgan Chase Bank, N.A.
- 5Unit composition: 0001213900-25-079372
Unlike in the initial public offerings by certain other special purpose acquisition companies, this is not an offering of units and investors will not receive warrants that would become exercisable following the completion of our initial business combination
- 6Months to complete: 0001213900-25-079372
We have until the date that is 24 months from the closing of this offering or until such earlier liquidation date as our board of directors may approve, to consummate our initial business combination.
Each quote is found word for word in the filing it cites. Where a figure here differs from the filing, the filing prevails.
How the figures are compiled
- Which IPOs. Every final IPO prospectus (Form 424B4 or 424B1, or a 424B3 when it is the first prospectus filed on an S-1 or F-1 registration within 10 days of it going effective) filed on SEC EDGAR from the history start, by a registrant whose SIC code was 6770 (blank checks) on the filing date. Offerings that are not exchange-listed SPAC IPOs are excluded when the prospectus is read. The window starts on 1 January 2021.
- Dated by. The date of the final prospectus.
- Raised. Units sold to the public, including over-allotment units, times the unit price, as stated in the SPAC's 8-K reports after the IPO.
- Trust. The trust held for public shareholders after the IPO and any over-allotment: trust per unit times public units, as stated in the SPAC's filings. Cash deposited in trust and then moved out as working capital is not counted.
- Bookrunners. Firms the prospectus names as book-running managers; where it names none, the firm it names as sole underwriter or representative of the underwriters. Only the prospectus's own wording counts, not later 8-K reports. Each IPO's gross proceeds are split equally among its bookrunners.
- Counsel and auditors. Issuer counsel and underwriters' counsel as named in the prospectus's Legal Matters section; the auditor as named in its Experts section. Each is credited with the IPO's full gross proceeds.
- Unit structure. What one unit consists of, as the prospectus states it: a share with warrants, with rights, with both, or a share alone (shares-only offerings sell no units). Warrants per unit is the fraction of a warrant in each unit; rights are measured as the fraction of a share they convert into per unit.
- Trust per unit. Dollars placed in the trust account for each unit sold to the public, as the prospectus states it.
- Time to complete. Months from the IPO closing that the SPAC has to complete its business combination before any extension, as the prospectus states it.
- Over-allotment. Whether the underwriters bought all, part or none of the over-allotment option, comparing units sold with the base offering and the option.
- Votes. Shareholder votes to extend a SPAC's deadline or to approve its business combination, as reported in its 8-Ks (Item 5.07), for the SPACs in the IPO statistics only: SPACs that priced before the history start are not included, so votes in the first years under-represent the market. Only redemptions actually paid count: votes on a proposal that failed, or an extension that was approved but never took effect, are left out (redemption requests lapse with them), and a merger vote counts only when the deal closed, and only the last merger vote before the closing, since merger redemptions are paid at closing. Liquidation votes are left out too, as every public share is redeemed by definition.
- Redemption rate. Public shares redeemed at a vote over public shares outstanding just before it. Shares redeemed are as an 8-K, or failing that the next 10-Q or 10-K, states them. Shares before are as a filing states them, or redeemed plus the shares left after, or carried from the IPO's public shares and earlier votes. The median is the typical vote; the weighted rate divides all shares redeemed by all shares before, the share of public money that left the trusts. A vote counts only when each of these figures is verified or accepted. Votes whose redemption count no filing states, after a search of the SPAC's and the combined company's filings, are counted as not disclosed rather than estimated.
- Outcomes. Where each SPAC stands as of the snapshot: completed (business combination closed), liquidated (trust returned and redeemed), deal pending (agreement signed, not closed) or searching (no agreement in force). Grouped by the year the SPAC priced its IPO. Awaiting review means its status is still being checked.
- Closings. Completed business combinations by year of closing. The sector is the SEC's industry code (SIC) of the combined company, grouped into broad sectors; months from IPO run from the prospectus date to the closing.
- Checking. A SPAC counts only when every required figure is verified (quote found verbatim in the filing and all cross-checks pass) or accepted by a named reviewer.
- Coverage. 1,077 of the 1,089 SPAC IPOs read are counted; 12 wait on a figure still under review and 11 filings were excluded as not exchange-listed SPAC IPOs.
Compiled from SEC filings with the assistance of AI · figures as of 3 November 2026
For information only. These figures are compiled from SEC filings with the assistance of AI. Although they are checked against those filings, they may contain errors or omissions and have not been audited; where they differ from the filings, the filings prevail. They are not an offer to sell, a solicitation of an offer to buy, or a recommendation of any security. Information about any SPAC is qualified in its entirety by its filings with the SEC, available at www.sec.gov.
