---
title: "Cantor Equity Partners III | 10-Q: FY2026 Q1 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285115828.md"
datetime: "2026-05-04T20:20:45.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285115828.md)
  - [en](https://longbridge.com/en/news/285115828.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285115828.md)
---

# Cantor Equity Partners III | 10-Q: FY2026 Q1 Revenue: USD 0

Revenue: As of FY2026 Q1, the actual value is USD 0.

EPS: As of FY2026 Q1, the actual value is USD 0.

EBIT: As of FY2026 Q1, the actual value is USD -4.81 M.

Cantor Equity Partners III, Inc. operates as a single reportable segment and has not yet commenced operations or generated operating revenues, with all activity focused on its formation and efforts to complete a Business Combination .

#### Operational Metrics

-   **Net Income (Loss)**: The company reported a net income of approximately $162,000 for the three months ended March 31, 2026, compared to a net loss of approximately - $26,000 for the three months ended March 31, 2025 .
-   **Interest Income**: Interest income on investments held in the Trust Account was approximately $2,486,000 for the three months ended March 31, 2026, significantly up from $0 for the same period in 2025 .
-   **General and Administrative Expenses**: These expenses were approximately $2,294,000 for the three months ended March 31, 2026, compared to approximately $26,000 for the three months ended March 31, 2025 .
-   **Administrative Expenses – Related Party**: Expenses incurred for administrative services from a related party were $30,000 for the three months ended March 31, 2026, versus $0 for the corresponding period in 2025 .

#### Liquidity and Capital Resources

-   **Cash in Operating Account**: Cash remained at $25,000 as of both March 31, 2026, and December 31, 2025 .
-   **Working Capital Deficit**: The company had a working capital deficit of approximately - $4,176,000 as of March 31, 2026, worsening from approximately - $1,888,000 as of December 31, 2025 .
-   **Trust Account Funds**: Approximately $8,305,000 of the amount earned on funds held in the Trust Account was available to pay taxes as of March 31, 2026, compared to approximately $5,884,000 as of December 31, 2025 .
-   **Sponsor Loan**: The Sponsor Loan outstanding was approximately $505,000 as of March 31, 2026, an increase from approximately $312,000 as of December 31, 2025 . The Sponsor has committed up to $1,750,000 for this loan .
-   **Payable to Related Party**: Amounts payable to a related party for expenses paid on the company’s behalf were $175,000 as of March 31, 2026, compared to $0 as of December 31, 2025 .
-   **Working Capital Loans**: There were no borrowings under Working Capital Loans as of both March 31, 2026, and December 31, 2025 .

#### Future Outlook and Strategy

Cantor Equity Partners III, Inc. is a blank check company aiming to effect a business combination, specifically targeting the financial services, digital assets, healthcare, real estate services, technology, and software industries . On November 7, 2025, the company entered into a business combination agreement with AIR Limited and its subsidiaries, which will result in Cantor Equity Partners III, Inc. and AIR becoming wholly-owned subsidiaries of Pubco . Management anticipates having sufficient working capital and borrowing capacity from the Sponsor to meet its needs through the earlier of the business combination’s consummation or one year from the report date, utilizing these funds for existing accounts payable and the AIR Business Combination .

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- [CAEP.US](https://longbridge.com/en/quote/CAEP.US.md)

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