M&A
confidence high
sentiment neutral
materiality 0.75
Cantor Equity Partners III (CAEP) to merge with AIR Limited at $1.456B enterprise value
Cantor Equity Partners III, Inc.
- Deal values AIR Limited at $1.456B; CAEP shareholders exchange each share for one Pubco ordinary share.
- Sponsor Cantor EP Holdings III to forfeit 3.4M CAEP Class B shares for no consideration.
- Earnout triggers: 750K shares released at $12.50 Pubco closing price, another 750K at $15.00.
- Pubco shares locked up for 6 months post-close; shareholder vote and Nasdaq listing required.
- Key Company shareholders (>2/3 of outstanding) sign support agreement; no termination fee payable.