Cantor Equity Partners, Inc. Class A Ordinary Shares’ (NASDAQ:CEP – Get Free Report) lock-up period will expire on Monday, February 10th. Cantor Equity Partners, Inc. Class A Ordinary Shares had issued 10,000,000 shares in its IPO on August 13th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.
Cantor Equity Partners, Inc. Class A Ordinary Shares Price Performance
Shares of CEP opened at $10.30 on Wednesday. Cantor Equity Partners, Inc. Class A Ordinary Shares has a fifty-two week low of $9.99 and a fifty-two week high of $10.95. The business’s 50-day simple moving average is $10.36.
Institutional Investors Weigh In On Cantor Equity Partners, Inc. Class A Ordinary Shares
Hedge funds have recently modified their holdings of the stock. HGC Investment Management Inc. purchased a new position in Cantor Equity Partners, Inc. Class A Ordinary Shares during the 3rd quarter worth $6,029,000. Rivernorth Capital Management LLC purchased a new position in Cantor Equity Partners, Inc. Class A Ordinary Shares during the third quarter worth about $3,069,000. Polar Asset Management Partners Inc. acquired a new stake in Cantor Equity Partners, Inc. Class A Ordinary Shares in the third quarter valued at about $3,009,000. Berkley W R Corp purchased a new stake in Cantor Equity Partners, Inc. Class A Ordinary Shares in the 3rd quarter valued at approximately $2,590,000. Finally, Quarry LP purchased a new stake in Cantor Equity Partners, Inc. Class A Ordinary Shares in the 3rd quarter valued at approximately $2,531,000.
About Cantor Equity Partners, Inc. Class A Ordinary Shares
Cantor Equity Partners, Inc focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the financial services, healthcare, real estate services, technology, and software industries. Cantor Equity Partners, Inc was formerly known as CF Acquisition Corp.
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