{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-104188","form_type":"8-K","ticker":"CEPT","cik":"0002034269","company_name":"Cantor Equity Partners II, Inc.","filed_at":"2025-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.419908+00:00","generated_at":"2026-05-17T01:26:27.913522+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"CEPT signs definitive merger with Securitize at $1.25B equity value; $225M PIPE backstops deal","bullets":["Securitize equity value of $1.25B (subject to adjustments); CEPT shareholders receive Pubco common at $10.00/share.","$225M PIPE (22.5M shares at $10.00) from institutional investors; minimum PIPE condition is $100M.","Securitize stockholders eligible for 6.25M earn-out shares if Pubco VWAP exceeds $15, $20, or $25 over 20/30 days.","Sponsor agrees to earn-out on 30% of its shares at $12.50/$15/$17.50 VWAP thresholds; 180-day lock-up.","No termination fee payable; deal must close within 9 months; CEPT shareholder vote required."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-104188","json":"https://secwatch.observer/filing/0001213900-25-104188.json","markdown":"https://secwatch.observer/filing/0001213900-25-104188.md","text":"https://secwatch.observer/filing/0001213900-25-104188.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2034269/000121390025104188/0001213900-25-104188-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2034269/000121390025104188/ea0262758-8k425_cantor2.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:26:27.913522+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}