CEPV · Cantor Equity Partners V, Inc. Class A Ordinary Shares

Cantor Equity Partners V, Inc. reported net income of $2.2 million for the first quarter of 2026, ending March 31, 2026, primarily due to interest earned on Trust Account investments. This offset an operating loss of $143.6 thousand, which arose because the Company generates no operating revenues until after completing a Business Combination, as stated in management's discussion. The operating loss captures routine general and administrative costs typical for a special purpose acquisition company in its pre-combination phase, where focus remains on identifying and pursuing a suitable target.

These results align with SPAC operational norms, where Trust Account yields preserve capital for investors while operating accounts fund the hunt. Management's estimates draw from historical experience and reasonable assumptions, evaluated ongoing, supporting their liquidity outlook. Investors should note the path forward hinges on Business Combination execution amid market conditions, with no revenue generation until post-closing.