Board Change • May 20
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Chairman & CEO Brandon Lutnick is the most experienced director on the board, commencing their role in 2025. Independent Director Rob Sharp was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Oct 28
Securitize, Inc. agreed to acquire Cantor Equity Partners II, Inc. (NasdaqGM:CEPT) for $1.25 billion in a reverse merger transaction. Securitize, Inc. agreed to acquire Cantor Equity Partners II, Inc. (NasdaqGM:CEPT) for $1.25 billion in a reverse merger transaction on October 27, 2025. The consideration consists of common equity of Securitize, Inc. to be issued for common equity of Cantor Equity Partners II, Inc. The transaction will be financed through equity investment of $225 million. Existing equity holders including ARK Invest, BlackRock, Blockchain Capital, Hamilton Lane, Jump Crypto, Morgan Stanley Investment Management and Tradeweb Markets will roll 100% of their interests into the combined company.
The combined company will be renamed Securitize Corp. and its common stock is expected to trade on Nasdaq under the ticker symbol “SECZ”.
The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board and approval of offer by acquirer board. The deal has been unanimously approved by the board. The expected completion of the transaction is first half of 2026.
Citigroup Global Markets Inc. acted as financial advisor for Securitize, Inc. Cantor Fitzgerald & Co. acted as financial advisor for Cantor Equity Partners II, Inc. Lee Hochbaum, Derek Dostal, Joseph A. Hall, Daniel P. Gibbons, Arisa Akashi Sin, Veronica M. Wissel, Kara L. Mungovan, Pritesh P. Shah of Davis Polk & Wardwell LLP acted as legal advisor for Securitize, Inc. Hughes Hubbard & Reed LLP acted as legal advisor for Cantor Equity Partners II, Inc.