SCHEDULE: Howard Lutnick Completes Divestiture of Cantor Equity Holdings

Howard W. Lutnick has completed the divestiture of his holdings in Cantor and CFGM, ceasing beneficial ownership of Cantor Equity Partners II, Inc. securities.

Summary

• Howard W. Lutnick has completed the previously announced divestiture of his holdings in Cantor Fitzgerald, L.P. ("Cantor") and CF Group Management, Inc. ("CFGM").
• This divestiture was undertaken in connection with his appointment as the U.S. Secretary of Commerce.
• As of October 6, 2025, Mr. Lutnick no longer beneficially owns any Class A Ordinary Shares or Class B Ordinary Shares of Cantor Equity Partners II, Inc.
• He no longer possesses any voting or dispositive power over the securities of the Issuer.
• Mr. Lutnick has ceased to be a Reporting Person for Cantor Equity Partners II, Inc. following this final amendment.

Sentiment

Score: 5

Explanation: The filing reports the completion of a previously announced divestiture, which is a neutral event for the company's operational or financial performance. It clarifies beneficial ownership and governance structure.

Positives

• Clarifies corporate governance and removes potential conflicts of interest related to a high-ranking government official's holdings.

Future Outlook

NA

Management Comments

• Mr. Howard W. Lutnick, the U.S. Secretary of Commerce, has completed his previously announced divestiture of his holdings in Cantor and CFGM in connection with his appointment as the U.S. Secretary of Commerce.
• The sale of such interests was completed on October 6, 2025, and as a result, Mr. Howard W. Lutnick no longer has any voting or dispositive power over any of the securities of the Issuer and is filing this Amendment as a final amendment to reflect his zero ownership.

Industry Context

This event is specific to Howard Lutnick's personal circumstances and his appointment to a government role, rather than a broader industry trend. It reflects the regulatory requirements for high-level government officials to divest certain holdings to avoid conflicts of interest.

Related Party Transactions

• The divestiture of Howard W. Lutnick's holdings in Cantor Fitzgerald, L.P. and CF Group Management, Inc., entities related to the Issuer, constitutes a related party transaction.

Stakeholder Impact

• Shareholders: Clarifies the ownership structure and removes potential conflicts of interest associated with a high-ranking government official's holdings.
• Regulatory Bodies: Demonstrates compliance with ethics requirements for government officials.

Next Steps

• Howard W. Lutnick will cease to be a Reporting Person for Cantor Equity Partners II, Inc.

Key Dates

Keywords

Howard Lutnick, Cantor Equity Partners II, Divestiture, SEC Filing, Beneficial Ownership, Schedule 13D, U.S. Secretary of Commerce, Cantor Fitzgerald, CF Group Management