tiprankstipranks
Trending News
More News >

Cantor Equity Partners Enters Business Combination Agreement

Story Highlights
  • Cantor Equity Partners entered a Business Combination Agreement with several entities.
  • Investors purchased $100 million in convertible notes, leading to Tether buying Bitcoin.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cantor Equity Partners Enters Business Combination Agreement

Confident Investing Starts Here:

An update from Cantor Equity Partners, Inc. Class A ( (CEP) ) is now available.

Cantor Equity Partners, Inc., a Cayman Islands exempt company, has entered into a Business Combination Agreement with several entities, including Twenty One Capital, Inc. and Tether Investments. As part of the agreement, on May 22, 2025, investors exercised an option to purchase $100 million in convertible notes, which led to Tether purchasing 917.47360612 Bitcoin for $99,500,000. This transaction is part of a larger set of proposed transactions involving convertible notes and equity investments, which are subject to shareholder approval and regulatory filings.

More about Cantor Equity Partners, Inc. Class A

Average Trading Volume: 3,651,772

Technical Sentiment Signal: Strong Buy

See more data about CEP stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1