---
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"
generated_at: "2026-05-17T01:26:27.913522+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CEPT signs definitive merger with Securitize at $1.25B equity value; $225M PIPE backstops deal

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-104188
- JSON: https://secwatch.observer/filing/0001213900-25-104188.json
- Plain text: https://secwatch.observer/filing/0001213900-25-104188.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.