MMCAP International Inc. SPC Takes Position in Cantor Equity Partners, Inc. (NASDAQ:CEPO)

Key Points

• MMCAP International Inc. SPC has made a significant investment in Cantor Equity Partners, acquiring 1,100,000 shares valued at approximately $11.27 million, making CEPO its 15th largest position.
• Several other hedge funds have also invested in Cantor Equity Partners, collectively adding over $9 million in new positions during the first quarter.
• Cantor Equity Partners stock is currently trading at $10.58, with a 12-month low of $10.04 and a high of $16.50.

MMCAP International Inc. SPC purchased a new stake in Cantor Equity Partners, Inc. (NASDAQ:CEPO - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,100,000 shares of the company's stock, valued at approximately $11,270,000. Cantor Equity Partners makes up 1.9% of MMCAP International Inc. SPC's holdings, making the stock its 15th biggest position. MMCAP International Inc. SPC owned 4.31% of Cantor Equity Partners at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Graham Capital Wealth Management LLC purchased a new position in Cantor Equity Partners in the first quarter valued at about $418,000. Wealthspring Capital LLC acquired a new position in shares of Cantor Equity Partners during the first quarter valued at $428,000. Tabor Asset Management LP bought a new position in shares of Cantor Equity Partners during the first quarter worth about $1,537,000. Wolverine Asset Management LLC acquired a new stake in shares of Cantor Equity Partners in the 1st quarter worth about $2,100,000. Finally, Mizuho Securities USA LLC acquired a new position in Cantor Equity Partners during the 1st quarter valued at about $2,421,000.

Cantor Equity Partners Price Performance

Shares of NASDAQ:CEPO traded down $0.20 during trading hours on Thursday, hitting $10.63. The stock had a trading volume of 145,733 shares, compared to its average volume of 428,075. The stock's fifty day simple moving average is $11.89 and its 200 day simple moving average is $11.16. Cantor Equity Partners, Inc. has a 1-year low of $10.04 and a 1-year high of $16.50.

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.