v3.26.1
Fair Value Measurement on a Recurring Basis - CANTOR EQUITY PARTNERS II, INC. (Tables) - CANTOR EQUITY PARTNERS II, INC.
 3 Months Ended
Mar. 31, 2026
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Fair Value, Assets Measured on Recurring Basis
The following tables present information about the Company’s assets and liabilities that are measured at fair value on a recurring basis as of March 31, 2026 and December 31, 2025, and indicate the fair value hierarchy of the inputs that the Company utilized to determine such fair value.
March 31, 2026
DescriptionQuoted
Prices in
Active Markets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Other
Unobservable
Inputs
(Level 3)		Total
Assets:
Assets held in Trust Account – U.S. government debt securities$248,753,164 $— $— $248,753,164 
Total
$248,753,164 $— $— $248,753,164 
Liabilities:
Forward sale securities liability$— $— $2,983,500 $2,983,500 
Total$— $— $2,983,500 $2,983,500 
December 31, 2025
DescriptionQuoted
Prices in
Active Markets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Other
Unobservable
Inputs
(Level 3)		Total
Assets:
Assets held in Trust Account – U.S. government debt securities$246,617,353 $— $— $246,617,353 
Total
$246,617,353 $— $— $246,617,353 
Liabilities:
Forward sale securities liability$— $— $4,608,560 $4,608,560 
Total
$— $— $4,608,560 $4,608,560 
The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis as of December 31, 2025, and indicates the fair value hierarchy of the inputs that the Company utilized to determine such fair value.
December 31, 2025
Description
Quoted
Prices in
Active Markets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Other
Unobservable
Inputs
(Level 3)
Total
Assets:
Assets held in Trust
Account – U.S. government debt securities
$246,617,353 $— $— $246,617,353 
Total
$246,617,353 $— $— $246,617,353 
Liabilities:
Forward sale securities liability$— $— $4,608,560 $4,608,560 
Total
$— $— $4,608,560 $4,608,560 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table presents the change in the fair value of the forward sale securities liability for the three months ended March 31, 2026:
Forward
Sale
Securities
Fair value as of December 31, 2025
$(4,608,560)
Change in valuation inputs or other assumptions(1)
1,625,060 
Fair value as of March 31, 2026
$(2,983,500)
__________________
(1)Changes in valuation inputs or other assumptions are recognized in Change in fair value of forward sale securities in the unaudited condensed consolidated statements of operations.
The following table presents the change in the fair value of the forward sale securities for the year ended December 31, 2025:
Forward
Sale
Securities
Fair value at inception
$— 
Change in valuation inputs or other assumptions(1)(4,608,560)
Fair value as of December 31, 2025
$(4,608,560)
__________________
(1)Changes in valuation inputs or other assumptions are recognized in Change in fair value of forward sale securities in the consolidated statements of operations.