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Cantor Equity Partners, Inc.'s Lock-Up Period Will Expire on July 7th (NASDAQ:CEPO)

Cantor Equity Partners' (NASDAQ:CEPO - Get Free Report) lock-up period is set to expire on Monday, July 7th. Cantor Equity Partners had issued 20,000,000 shares in its IPO on January 7th. The total size of the offering was $200,000,000 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 end of the lock-up period.

Cantor Equity Partners Stock Performance

Shares of NASDAQ:CEPO opened at $11.66 on Monday. Cantor Equity Partners has a one year low of $10.04 and a one year high of $13.00. The stock's 50 day moving average is $12.00.

Institutional Investors Weigh In On Cantor Equity Partners

Institutional investors have recently bought and sold shares of the company. Quarry LP purchased a new position in Cantor Equity Partners in the 1st quarter worth $78,000. PenderFund Capital Management Ltd. acquired a new stake in Cantor Equity Partners in the 1st quarter worth about $102,000. Graham Capital Wealth Management LLC acquired a new stake in Cantor Equity Partners in the 1st quarter worth about $418,000. Wealthspring Capital LLC purchased a new position in Cantor Equity Partners in the 1st quarter worth approximately $428,000. Finally, Magnetar Financial LLC purchased a new position in Cantor Equity Partners in the 1st quarter worth approximately $1,229,000.

About Cantor Equity Partners

(Get Free Report)

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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