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Securitize clears SEC registration statement hurdle, sets path to NYSE listing as SECZ

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Securitize clears SEC registration statement hurdle, sets path to NYSE listing as SECZ.

Securitize is one step closer to going public via its SPAC merger.

Key facts

Summary

On Friday, the firm announced the U.S. Securities and Exchange Commission had declared its S-4 Registration Statement effective, meaning Securitize’s proposed merger with Cantor Equity Partners II (Nasdaq: CEPT) will be put to a shareholder vote on June 29. If approved and other customary conditions are met, the deal is expected to close shortly afterward this special CEPT shareholder meeting, according to an announcement on Friday. "This marks another important milestone for Securitize and for the broader institutional adoption of tokenization," Securitize CEO Carlos Domingo said. CEPT is a publicly traded special purpose acquisition company sponsored by an affiliate of Cantor Fitzgerald, a financial services firm with connections to U.S. Secretary of Commerce Howard Lutnick.

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