The deal with Cantor Equity Partners II aims to raise $400 million after minimal shareholder redemptions, pending approval.
Securitize’s planned business combination with Cantor Equity Partners II is set to generate approximately $400 million in gross proceeds. The transaction saw fewer than 30% of SPAC shareholders redeem their shares, a lower-than-average rate for recent SPAC deals.
Shareholder approval is scheduled for June 29, with the deal expected to close on July 1. The combined entity will trade on the NYSE under the ticker SECZ starting July 2. Securitize currently tokenizes over $4 billion in real-world assets, positioning the merged company in the digital asset securitization space.
The transaction reflects growing investor interest in asset tokenization and SPAC mergers as a pathway to public markets.