Cantor Equity Partners, Inc.’s (NASDAQ:CEPO) Lock-Up Period Will Expire Tomorrow

Cantor Equity Partners’ (NASDAQ:CEPO) lock-up period will expire on Monday, July 7th. Cantor Equity Partners had issued 20,000,000 shares in its public offering on January 7th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. After the end of the company’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Cantor Equity Partners Trading Up 0.3%

Shares of NASDAQ CEPO opened at $11.80 on Friday. The stock has a fifty day moving average of $12.10. Cantor Equity Partners has a 1-year low of $10.04 and a 1-year high of $13.00.

Institutional Investors Weigh In On Cantor Equity Partners

A number of large investors have recently added to or reduced their stakes in the stock. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new stake in Cantor Equity Partners during the first quarter worth approximately $12,991,000. AQR Arbitrage LLC bought a new stake in Cantor Equity Partners during the first quarter worth approximately $12,294,000. MMCAP International Inc. SPC bought a new stake in Cantor Equity Partners during the first quarter worth approximately $11,270,000. HGC Investment Management Inc. bought a new stake in Cantor Equity Partners during the first quarter worth approximately $10,245,000. Finally, Anson Funds Management LP bought a new stake in Cantor Equity Partners during the first quarter worth approximately $9,220,000.

Cantor Equity Partners Company Profile

Cantor Equity Partners I, Inc is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on November 11, 2020 and is headquartered in New York, NY.