TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Cantor Equity Partners, Inc. Class A ( (CEP) ) just unveiled an update.
On April 22, 2025, Cantor Equity Partners, Inc. entered into a Business Combination Agreement involving several entities, including Tether Investments and iFinex, Inc. As part of this agreement, Tether purchased Bitcoin worth $458,700,000, which will be sold to Twenty One Capital, Inc. at the closing of the transactions. This move is part of a larger strategy involving PIPE Investments, which includes convertible notes and Class A ordinary shares. The transactions are expected to impact the company’s operations and market positioning, with further details to be filed with the SEC.
More about Cantor Equity Partners, Inc. Class A
Average Trading Volume: 3,357,371
Technical Sentiment Signal: Strong Buy
See more insights into CEP stock on TipRanks’ Stock Analysis page.