Cantor Equity Partners II Reports $18,000 Net Income and Plans Merger with Securitize

Cantor Equity Partners II, Inc. has reported its financial performance for the fiscal year ending December 31, 2025, revealing a net income of approximately $18,000, a significant turnaround from a net loss of about $71,000 in the previous year. The company generated approximately $6.5 million in interest income from investments held in its Trust Account, which was partially offset by a loss of approximately $4.6 million from the change in fair value of forward sale securities and general administrative expenses totaling around $1.8 million. The total assets of the company as of December 31, 2025, amounted to approximately $246.8 million, primarily held in U.S. government debt securities.

Compared to the previous fiscal period, Cantor Equity Partners II experienced a notable increase in total assets, which were just $106,544 at the end of 2024. The substantial growth in assets is attributed to the successful completion of its Initial Public Offering (IPO) on May 5, 2025, where the company sold 24 million Class A ordinary shares at $10.00 each, raising gross proceeds of $240 million. Additionally, the company raised $5.8 million through a private placement of 580,000 shares to its sponsor, Cantor EP Holdings II, LLC.

Strategically, the company is in the process of completing a business combination with Securitize, Inc., which was formalized through a Business Combination Agreement on October 27, 2025. This agreement outlines a merger structure where Cantor Equity Partners II will merge with CEPT Merger Sub, a subsidiary of Securitize, with the latter continuing as the surviving entity. The transaction is expected to provide liquidity and growth opportunities for the combined entity. Furthermore, the company has secured commitments from PIPE investors to purchase 22.5 million Class A ordinary shares at $10.00 per share, totaling $225 million, which will further bolster its financial position.

Operationally, the company has maintained a working capital deficit of approximately $1.5 million as of December 31, 2025, but management believes that the available funds and borrowing capacity from the sponsor will be sufficient to meet its operational needs through the completion of the business combination. The company currently has two executive officers and no full-time employees, with its management team primarily focused on identifying and executing the business combination. The total number of Class A ordinary shares subject to possible redemption stands at 24 million, reflecting the company's commitment to providing liquidity to its public shareholders.

Looking ahead, Cantor Equity Partners II is optimistic about the successful completion of the Securitize business combination by the end of the Combination Period, which extends until May 5, 2027. The company has indicated that if the business combination is not consummated by this date, it will cease operations and liquidate, returning funds to shareholders. The management team remains focused on navigating the complexities of the transaction while ensuring compliance with regulatory requirements and maintaining shareholder value.