K2 Principal Fund L.P. Makes New $3.70 Million Investment in Cantor Equity Partners, Inc. $CEPO

Key Points

• K2 Principal Fund L.P. purchased 361,517 shares of Cantor Equity Partners, Inc. for approximately $3,702,000, representing a 1.42% ownership stake.
• Other hedge funds also made significant acquisitions during the first quarter, with combined positions totaling over $2 million from multiple investors.
• Cantor Equity Partners' stock is currently trading at $10.33, with a one-year range between $10.04 and $16.50.

K2 Principal Fund L.P. bought a new stake in Cantor Equity Partners, Inc. (NASDAQ:CEPO - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 361,517 shares of the company's stock, valued at approximately $3,702,000. K2 Principal Fund L.P. owned 1.42% of Cantor Equity Partners at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. HGC Investment Management Inc. bought a new position in Cantor Equity Partners during the 1st quarter valued at $10,245,000. AQR Arbitrage LLC purchased a new stake in shares of Cantor Equity Partners in the first quarter valued at $12,294,000. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new stake in shares of Cantor Equity Partners in the first quarter valued at $12,991,000. HBK Investments L P purchased a new stake in shares of Cantor Equity Partners during the first quarter worth $2,561,000. Finally, Quarry LP purchased a new stake in shares of Cantor Equity Partners during the first quarter worth $78,000.

Cantor Equity Partners Price Performance

NASDAQ CEPO remained flat at $10.43 during trading on Wednesday. The company's stock had a trading volume of 55,881 shares, compared to its average volume of 407,339. Cantor Equity Partners, Inc. has a one year low of $10.04 and a one year high of $16.50. The business's 50 day simple moving average is $11.24 and its two-hundred day simple moving average is $11.21.

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.