HBK Investments L P Acquires New Stake in Cantor Equity Partners, Inc. $CEPO

Key Points

• HBK Investments L P purchased 250,000 shares of Cantor Equity Partners, Inc. (NASDAQ:CEPO), valued at approximately $2.56 million, acquiring about 0.98% of the company.
• Several other hedge funds also made significant investments in Cantor Equity Partners during the first quarter, totaling over $30 million in new positions.
• Cantor Equity Partners, Inc. is a blank check company formed to pursue mergers or business combinations, and its stock has recently traded down by 0.6% to around $10.46.

HBK Investments L P purchased a new stake in Cantor Equity Partners, Inc. (NASDAQ:CEPO - Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 250,000 shares of the company's stock, valued at approximately $2,561,000. HBK Investments L P owned approximately 0.98% of Cantor Equity Partners as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quarry LP purchased a new stake in Cantor Equity Partners in the first quarter valued at approximately $78,000. Linden Advisors LP purchased a new stake in Cantor Equity Partners in the first quarter valued at approximately $6,147,000. Magnetar Financial LLC purchased a new stake in Cantor Equity Partners in the first quarter valued at approximately $1,229,000. Westchester Capital Management LLC purchased a new stake in Cantor Equity Partners in the first quarter valued at approximately $2,049,000. Finally, Anson Funds Management LP purchased a new stake in shares of Cantor Equity Partners during the first quarter worth approximately $9,220,000.

Cantor Equity Partners Price Performance

Shares of Cantor Equity Partners stock traded up $0.04 during trading hours on Friday, hitting $10.37. 390,205 shares of the company were exchanged, compared to its average volume of 248,492. Cantor Equity Partners, Inc. has a 1 year low of $10.04 and a 1 year high of $16.50. The business has a 50-day moving average of $11.29 and a 200-day moving average of $11.20.

Cantor Equity Partners 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.