---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-107383"
form_type: "8-K"
ticker: "CAEP"
cik: "0002034268"
company_name: "Cantor Equity Partners III, Inc."
filed_at: "2025-11-07T23:59:59+00:00"
generated_at: "2026-05-16T23:11:53.424428+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cantor Equity Partners III (CAEP) to merge with AIR Limited at $1.456B enterprise value

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-25-107383
- form_type: 8-K
- ticker: CAEP
- cik: 0002034268
- company_name: Cantor Equity Partners III, Inc.
- filed_at: 2025-11-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2034268/000121390025107383/0001213900-25-107383-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2034268/000121390025107383/ea0264434-8k425_cantor3.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-107383
- JSON: https://secwatch.observer/filing/0001213900-25-107383.json
- Plain text: https://secwatch.observer/filing/0001213900-25-107383.txt

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