Welcome to our dedicated page for CANTOR EQUITY PARTNERS III news (Ticker: CAEP), a resource for investors and traders seeking the latest updates and insights on CANTOR EQUITY PARTNERS III stock.
This page contains news coverage for Cantor Equity Partners III, Inc. (CAEP), which operated as a Special Purpose Acquisition Company before completing a business combination with AIR, a hookah and vaping products company. The news timeline reflects the SPAC's journey from formation through merger completion.
Early coverage focuses on the SPAC structure itself, including pricing announcements and the search for acquisition targets. Later news documents the business combination process with AIR, including regulatory filings, shareholder approvals, and transaction closings. Following the merger completion, coverage shifts to the combined entity's operations in the hookah and vaping industry, including product launches and market expansion.
For investors tracking this ticker, the news archive provides context on how the SPAC transaction unfolded and the transition from a blank check company to an operating business in the consumer products sector. Material events disclosed through 8-K filings appear throughout the timeline, documenting key milestones in the business combination process.
AIR (to become publicly listed via CAEP / aiming for Nasdaq ticker AIIR) announced the acquisition of NameLess, a leading German premium flavored hookah brand, to expand AIR’s global flavored hookah portfolio. AIR said it will leverage its distribution network across more than 90 markets to introduce NameLess flavors, including best-seller Black Nana, to new audiences in the coming months. The announcement follows AIR’s recent Germany launch of Crown Switch, a rechargeable pod vape system using Greentank’s Quantum Vape™ and Coldstream™ technologies. AIR and Cantor Equity Partners III (Nasdaq: CAEP) signed a definitive business combination agreement on Nov. 7, 2025; the combined company AIR Global is expected to list on Nasdaq under AIIR in the first half of 2026, subject to regulatory approvals and customary closing conditions.
AIR (pending public listing under AIIR) launched Crown Switch, Al Fakher’s first rechargeable pod vape, now available in Germany at shisha-world.com. Crown Switch uses Greentank’s Quantum Vape™ with Coldstream™ technology and the pods contain zero ceramics or heavy metals, positioned as a colder, smoother flavor experience. AIR plans wider rollouts in coming months.
Separately, AIR and Cantor Equity Partners III (Nasdaq: CAEP) signed a definitive business combination to list the combined company as AIIR on Nasdaq, expected in H1 2026, subject to regulatory approvals. Industry revenue is projected at $27.2B in 2025.
AIR (to list as AIIR) and Cantor Equity Partners III (Nasdaq: CAEP) agreed to a business combination to take AIR Global Limited public, targeting a Nasdaq listing in H1 2026. The transaction implies a pro forma enterprise value of $1.749 billion. AIR reported $375M net revenue and $150M adjusted EBITDA for core products in 2024, with $149M consolidated net operating cash flow before capex and interest and ~88% cash conversion (2020–2024).
Key assets include the Al Fakher brand (>60% U.S. share, 14M consumers), >100 patents, $115M invested in product innovation, OOKA and VANT platforms, and a recent Snoop Dogg flavor collaboration.
Cantor Equity Partners III (Nasdaq: CAEP) has successfully completed its Initial Public Offering (IPO), raising $276 million through the sale of 27.6 million Class A ordinary shares at $10.00 per share. The offering was upsized and included a fully exercised over-allotment option of 3.6 million shares.
Trading of CAEP shares commenced on the Nasdaq Global Market on June 26, 2025. The entire proceeds of $276 million from the IPO and simultaneous private placement have been deposited into the company's trust account. Cantor Fitzgerald & Co. served as the sole book-running manager for the offering.
Cantor Equity Partners III (Nasdaq: CAEP) has announced the pricing of its upsized initial public offering. The company is offering 24,000,000 Class A ordinary shares at $10.00 per share, totaling $240 million.
Trading is expected to commence on June 26, 2025 on the Nasdaq Global Market under the symbol "CAEP". Underwriters have a 45-day option to purchase up to 3.6 million additional shares to cover over-allotments. Cantor Fitzgerald & Co. will serve as the sole book-running manager, with the offering expected to close on June 27, 2025.
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