SCHEDULE: Howard Lutnick Completes Divestiture of Cantor Equity Shares

Howard W. Lutnick has completed the divestiture of his holdings in Cantor Equity Partners IV, Inc. due to his appointment as U.S. Secretary of Commerce, ceasing to be a beneficial owner.

Summary

• Howard W. Lutnick has completed the previously announced divestiture of his holdings in Cantor and CFGM.
• This divestiture was undertaken in connection with his appointment as the U.S. Secretary of Commerce.
• The sale of his interests was finalized on October 6, 2025.
• As a result, Mr. Lutnick no longer possesses any voting or dispositive power over the securities of Cantor Equity Partners IV, Inc.
• He has ceased to be a Reporting Person and, as of October 6, 2025, no longer beneficially owns any Ordinary Shares.
• Mr. Lutnick ceased to be a beneficial owner of more than 5% of the outstanding Ordinary Shares.

Sentiment

Score: 5

Explanation: The filing is neutral as it reports a procedural completion of a previously announced divestiture, with no direct positive or negative implications for the company's operational or financial performance.

Positives

• The completion of the divestiture resolves potential conflicts of interest related to Mr. Lutnick's role as U.S. Secretary of Commerce, enhancing transparency.

Negatives

• No direct negative impacts on the company's operations or financial health are indicated by this procedural filing.

Risks

• No specific risks to the Issuer are mentioned in this amendment.

Future Outlook

No forward-looking statements or guidance regarding the Issuer's operations or financial performance are provided in this filing.

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 filing is a procedural update related to a change in beneficial ownership for a specific individual due to a government appointment, rather than an announcement reflecting broader industry trends or competitive dynamics.

Related Party Transactions

• The divestiture by Howard W. Lutnick of his holdings in Cantor and CFGM, which are related entities to Cantor Equity Partners IV, Inc., represents the completion of a significant related party transaction.

Stakeholder Impact

• Shareholders: Clarifies the ownership structure and removes a significant beneficial owner, potentially reducing perceived conflicts of interest related to Mr. Lutnick's government role.
• Regulatory Bodies: Confirms compliance with divestiture requirements related to a high-profile government appointment.

Key Dates

Keywords

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