Cantor Equity Partners IV Inc (CEPF) is a blank-check special purpose acquisition company (SPAC) that exists solely to identify and complete a business combination with one or more target businesses. It generates no operating revenue. The company raised $450,000,000 at $10.00 per share through an Initial Public Offering that closed on August 22, 2025, with those proceeds held in a Trust Account invested in U.S. government securities or qualifying money market funds. An additional $9,000,000 was raised through a concurrent private placement of 900,000 Class A ordinary shares to the Sponsor at $10.00 per share. The Trust Account balance was approximately $456,711,000 as of December 31, 2025. CEPF is sponsored by Cantor Fitzgerald, L.P. and has until August 22, 2027 to consummate a Business Combination, after which it must liquidate and distribute Trust Account proceeds to shareholders if no deal is completed. The company has two executive officers and no employees as of the 10-K filed March 26, 2026.

Revenue model

No operating revenue. Income is limited to interest earned on Trust Account assets invested in U.S. government securities or qualifying money market funds. The Trust Account held approximately $456,711,000 as of December 31, 2025.

Products and services

Single-purpose vehicle structured to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination. Capital available to a target business as of December 31, 2025 was approximately $456,711,000 from the Trust Account.

Customers and end markets

Target businesses seeking a liquidity event, growth capital, or balance sheet restructuring via a SPAC merger. No current customers or operating end markets.

Value-chain role

SPAC acquisition vehicle. Cantor Fitzgerald & Co. (CF&Co.) acted as representative of the underwriters in the IPO and is party to a Business Combination Marketing Agreement (BCMA) dated August 20, 2025. CF&Co. or another Cantor affiliate may also serve as financial advisor or placement agent in connection with the Business Combination.

Geographic exposure

Trust Account funds held in the United States. Transferred on August 25, 2025 to an account at CF Secured, an affiliate of the Sponsor.

Source: SEC 10-K, filed 2026-03-26

Industry: Blank Checks