Cantor Equity Partners VI, Inc. 8-K
Research Summary
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Cantor Equity Partners VI, Inc. Completes IPO; Places $115M in Trust
What Happened
Cantor Equity Partners VI, Inc. announced the closing of its initial public offering (IPO) on February 6, 2026. The IPO sold 11,500,000 Class A ordinary shares at $10.00 per share (including 1,500,000 shares from the underwriters’ overallotment), producing $115,000,000 in gross IPO proceeds. Simultaneously, the company completed a private placement of 300,000 Class A ordinary shares to its sponsor for $3,000,000. The company entered into customary transaction agreements (including an Underwriting Agreement with Cantor Fitzgerald & Co., a Business Combination Marketing Agreement, registration rights, expense advance and private placement agreements, and related documents) and filed amended organizational documents with the Cayman Islands registrar on February 5, 2026.
Key Details
- IPO: 11,500,000 Class A shares sold at $10.00; $115,000,000 gross proceeds (includes 1,500,000 overallotment shares).
- Private placement: 300,000 Class A shares sold to the Sponsor at $10.00/share for $3,000,000 (unregistered, exempt under Section 4(a)(2)). Sponsor agreed not to transfer those shares until 30 days after the company’s initial business combination (with limited permitted transferees).
- Trust account: The filing states $115,000,000 (comprised of the net proceeds from the IPO and the private sale) was placed in a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company at J.P. Morgan Chase Bank, N.A.; only interest (for certain tax payments) may be released before specified events.
- Timing and restrictions: Funds in the trust are held until the earliest of (i) completion of an initial business combination, (ii) certain shareholder redemption-triggering amendments to the company’s governing documents, or (iii) liquidation if no business combination is completed within 24 months (subject to board/shareholder approval and applicable law).
Why It Matters
This filing confirms CEPS has completed its IPO and established the trust that typically secures SPAC capital pending a business combination. The trust balance and the sponsor’s private purchase (and related agreements) shape the company’s capital position, governance and shareholder rights going forward. Retail investors should note the time limit to complete a business combination (24 months per the filing), the restrictions on sponsor shares, and that the trust funds generally cannot be used except to complete a qualifying transaction or in accordance with the redemption provisions described in the filing.