Securitize to Begin NYSE Trading Next Week After $400 Million SPAC Merger

Securitize said it expects to start trading on the New York Stock Exchange next week after raising about $400 million through its merger with Cantor Equity Partners II. According to NS3.AI, the company said fewer than 30% of Cantor Equity Partners II shareholders elected to redeem their shares, allowing Securitize to keep more than 71% of the SPAC trust. Securitize added that the merger is expected to close on Wednesday, with the combined company’s shares scheduled to begin trading the following day under the ticker SECZ.