Cantor Equity Partners VII has priced its initial public offering of 25 million class A ordinary shares at $10 each for gross proceeds of $250 million, the company said late Tuesday.
The blank-check firm granted the underwriters a 45-day option to purchase up to about 3.8 million additional shares.
Shares are expected to debut on the Nasdaq Global Market on Wednesday under the ticker "CAES."
Closing is expected to occur on Thursday, subject to customary closing conditions.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.