Cantor Equity Partners, Inc. (CEP) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
CEP currently has 10M outstanding shares. with significant dilution risk as 10.3M authorized shares could dilute existing holders by 103.0%. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Nov 14, 2025 |
10-Q filing | 10.0M shares outstanding |
10M | 10M |
| Aug 13, 2025 |
10-Q filing | 10.0M shares outstanding |
10M | 10M |
| Jul 16, 2025 |
8-K filing: Cantor Equity Partners, Inc. agreed to issue 7,857,143 Class A ordinary shares at $21.00 per share for $165 million in a private placement to June Equity PIPE Investors, and Tether purchased 1381.15799423 Bitcoin for approximately $147.5 million. ($165.0M proceeds) |
10M | 10M |
| Jun 27, 2025 |
8-K filing: Cantor Equity Partners, Inc. entered into a Business Combination Agreement with Twenty One Capital, Inc. for a proposed business combination and executed subscription agreements for convertible notes and Class A ordinary shares, including a June Equity PIPE offering 7,857,143 shares at $21.00 per share. ($365.0M proceeds) |
10M | 10M |
| Jun 20, 2025 |
8-K filing: Cantor Equity Partners, Inc. entered into subscription agreements with new investors to issue 7,857,143 Class A ordinary shares at $21.00 per share for $165 million, with a portion payable in Bitcoin. ($165.0M proceeds) |
10M | 10M |
| Jun 09, 2025 |
8-K filing: Cantor Equity Partners, Inc. announces that Tether has purchased 917.47360612 Bitcoin for $99,500,000 at an average price of $108,449.99 per Bitcoin as required by the Business Combination Agreement. |
10M | 10M |
| May 29, 2025 |
8-K filing: Cantor Equity Partners, Inc. entered into a Business Combination Agreement with Twenty One Capital, Inc., and contemporaneously entered into subscription agreements to issue $385 million in convertible senior secured notes due 2030. An additional $100 million of Option Convertible Notes was subsequently subscribed. |
10M | 10M |
| May 15, 2025 |
10-Q filing | 10.0M shares outstanding |
10M | 10M |
| May 13, 2025 |
8-K filing: Cantor Equity Partners, Inc. entered into a Business Combination Agreement where Tether purchased Bitcoin for $458,700,000 to be sold to Pubco at the closing of the Business Combination upon the funding of PIPE Investments. ($458.7M proceeds) |
10M | 10M |
| Apr 28, 2025 |
8-K filing: Cantor Equity Partners, Inc. entered into a business combination agreement with Twenty One Capital, Inc. where CEP will merge with SPAC Merger Sub, and the Company will merge with Company Merger Sub, resulting in Pubco becoming a publicly traded company, the net proceeds of the Convertible Notes PIPE and the Equity PIPE will be used by Pubco to purchase PIPE Bitcoin from Tether. |
10M | 10M |
| Mar 28, 2025 |
10-K filing | 10.3M shares outstanding |
10M | 10M |
| Nov 13, 2024 |
10-Q filing | 10.3M shares outstanding |
10M | 10M |
| Aug 20, 2024 |
8-K filing: Cantor Equity Partners, Inc. consummated its initial public offering of 10,000,000 Class A ordinary shares at $10.00 per share, generating gross proceeds of $100,000,000, and simultaneously completed a private placement of 300,000 Class A ordinary shares to the Sponsor at $10.00 per share, generating gross proceeds of $3,000,000. ($103.0M proceeds) |
N/A | 10M |
| Aug 14, 2024 |
8-K filing: Cantor Equity Partners, Inc. completed its IPO of 10,000,000 Class A ordinary shares at $10.00 per share, generating gross proceeds of $100,000,000, and simultaneously completed a private sale to the Sponsor of 300,000 Class A ordinary shares at $10.00 per share, generating gross proceeds of $3,000,000. ($103.0M proceeds) |
N/A | 10M |
| Aug 06, 2024 |
S-1/A filing: This is an S-1/A filing for an initial public offering of Class A ordinary shares of Cantor Equity Partners, Inc., a blank check company, with a proposed offering amount of $100,000,000. |
N/A | 10M |
| Jul 26, 2024 |
S-1/A filing: This is an S-1/A filing for the initial public offering of Class A ordinary shares of Cantor Equity Partners, Inc. |
N/A | 10M |
| Jun 14, 2024 |
S-1 filing: This is an S-1 filing for an initial public offering of Class A ordinary shares of CF Acquisition Corp. A, a blank check company, with a proposed offering amount of $100,000,000. |
N/A | 10M |