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Today's Brief

Cantor Equity Partners II, Inc.

private/Securitize Holdings, Inc.private

Securitize Holdings merger with CEPT SPAC

$225MMixedDefinitive Proxyhigh confidence

Key takeaways

  • Securitize Holdings, Inc. acquires Cantor Equity Partners II, Inc. — $225M aggregate (mixed).

Merger Arbeconomics, downside, days

Deal value

$225M

mixed

Per-share offer

Premium

Days to close

Term fee

ConsiderationMixed
AnnouncedApr 24, 2026
Days outstanding84d
Expected close
Termination fee
Reverse term fee
Go-shop period
Fiduciary out
Financing condition
Debt commitment
Insider lock-up

Timelineannounced → close
  1. Announced

    Apr 24, 2026

  2. Preliminary Proxy

  3. Definitive Proxy

  4. Record date

  5. Shareholder vote

  6. Expected close


Vote Mechanicsrecord / mailing / vote
Vote required
Vote date
Record date
Mailing date
Record → vote
Threshold
Min approvalparsed
Shares outstanding
Insider lock-up

Regulatory & ConditionsHSR / EU / CFIUS / MAC

No regulatory or closing-conditions data extracted yet. The merger agreement Exhibit 10.1 contains this in the “Conditions to Closing” and “Regulatory Approvals” articles.


Closing Conditionsapprovals · vote · financing · lockups

No closing-condition data extracted.


Interloper Riskcompeting bids, activist filers

No competing-bidder, activist, or dissident-proxy signals in the database for this target.


Advisors

Acquirer side· Securitize Holdings, Inc.

Legal

Davis Polk & Wardwell LLP

  • · Derek Dostal
  • · Lee Hochbaum
  • · Joseph A. Hall
  • · Daniel P. Gibbons
  • · Arisa A. Sin
Davis Polk & Wardwell LLP, 450 Lexington Avenue, New York, New York 10017, (212) 450-4000

Target side· Cantor Equity Partners II, Inc.

Legal

Hughes Hubbard & Reed LLP

  • · Michael Traube
  • · Javad Husain
  • · Kenneth A. Lefkowitz
  • · Gary J. Simon
Hughes Hubbard & Reed LLP, One Battery Park Plaza, New York, New York 10004, (212) 837-6000

Counterparty Historyprior deals in DB
FirmRoleSideDeals in DB
Davis Polk & Wardwell LLPLegalAcquirer3View deals →
Hughes Hubbard & Reed LLPLegalTarget1View deals →

Comparablessimilar size band, definitive
AnnouncedTargetAcquirerValueConsid.PremiumTerm Fee %
Apr 28, 2026Jackson Supply CompanyWatsco, Inc.$230M
Apr 24, 2026Ace Green Recycling, Inc.Athena Technology Acquisition Corp. II$250Mstock
Apr 24, 2026Thermon Group Holdings, Inc.(THR)CECO Environmental Corp.$334Mmixed
Apr 24, 2026Thermon Group Holdings, Inc.(THR)CECO Environmental Corp.$334Mmixed
Apr 24, 2026Nuveen Churchill BDC VNuveen Churchill Private Capital Income Fund$337Mmixed
Apr 24, 2026Boost Run Holdings, LLCWillow Lane Acquisition Corp.$450Mmixed
Apr 24, 2026Boost Run Holdings, LLC / Boost Run Inc.Willow Lane Acquisition Corp.$450Mmixed
Apr 24, 2026Adirondack Bancorp, Inc.Arrow Financial Corporation$89Mmixed
Apr 24, 2026Signature Bancorporation, Inc.Esquire Financial Holdings, Inc.$348Mstock
Apr 30, 2026Carbonium Core, Inc.TOMI Environmental Solutions, Inc.$120Mstock

Sources

Securitize Holdings, Inc. (PubCo) is combining with Cantor Equity Partners II, Inc. (CEPT), a blank check company, pursuant to a Business Combination Agreement dated October 27, 2025. The transaction involves two sequential mergers resulting in Securitize becoming a wholly-owned subsidiary of PubCo, with PubCo becoming a publicly traded company. PIPE investors are committed to purchasing 22,500,000 shares at $10.00 per share for $225 million in aggregate proceeds.

Item id: 043f05f0-ded8-44c7-9259-08c3dbfb8348 · ingested Apr 24, 2026