Magnetar Financial LLC Takes $1.23 Million Position in Cantor Equity Partners, Inc. $CEPO

Key Points

• Magnetar Financial LLC has purchased 120,000 shares of Cantor Equity Partners, valued at approximately $1.23 million, owning about 0.47% of the company.
• Several other institutional investors have also made significant investments in Cantor Equity Partners during the 1st quarter, including Tabor Asset Management LP and Wolverine Asset Management LLC.
• Cantor Equity Partners, Inc. is a blank check company aimed at facilitating mergers or business combinations, with shares currently trading around $10.46.

Magnetar Financial LLC purchased a new position in Cantor Equity Partners, Inc. (NASDAQ:CEPO - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 120,000 shares of the company's stock, valued at approximately $1,229,000. Magnetar Financial LLC owned 0.47% of Cantor Equity Partners as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in CEPO. MMCAP International Inc. SPC bought a new position in shares of Cantor Equity Partners in the first quarter valued at approximately $11,270,000. Anson Funds Management LP purchased a new stake in shares of Cantor Equity Partners during the 1st quarter valued at about $9,220,000. Context Capital Management LLC purchased a new stake in Cantor Equity Partners in the 1st quarter worth approximately $3,074,000. Picton Mahoney Asset Management bought a new position in Cantor Equity Partners in the 1st quarter worth approximately $2,562,000. Finally, Mizuho Securities USA LLC bought a new position in Cantor Equity Partners in the 1st quarter worth approximately $2,421,000.

Cantor Equity Partners Stock Performance

NASDAQ:CEPO traded down $0.01 during midday trading on Wednesday, hitting $10.40. 267,003 shares of the company traded hands, compared to its average volume of 410,879. Cantor Equity Partners, Inc. has a 12-month low of $10.04 and a 12-month high of $16.50. The firm's fifty day moving average is $11.37 and its 200-day moving average is $11.20.

About Cantor Equity Partners

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.