Polar Asset Management Partners Inc. Invests $2.62 Million in Cantor Equity Partners, Inc. $CEPO

Polar Asset Management Partners Inc. acquired a new position in Cantor Equity Partners, Inc. (NASDAQ:CEPO) during the third quarter, HoldingsChannel.com reports. The fund acquired 250,000 shares of the company’s stock, valued at approximately $2,615,000.

Several other institutional investors have also added to or reduced their stakes in CEPO. Radcliffe Capital Management L.P. acquired a new stake in Cantor Equity Partners during the 3rd quarter valued at approximately $136,000. Whalen Wealth Management Inc. acquired a new position in shares of Cantor Equity Partners in the 3rd quarter worth approximately $140,000. Qube Research & Technologies Ltd acquired a new position in shares of Cantor Equity Partners in the 2nd quarter worth approximately $155,000. Clear Street Group Inc. bought a new stake in shares of Cantor Equity Partners in the 3rd quarter valued at $157,000. Finally, Prelude Capital Management LLC bought a new stake in shares of Cantor Equity Partners in the 3rd quarter valued at $261,000.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Cantor Equity Partners in a research note on Friday, January 9th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Cantor Equity Partners Price Performance

Shares of NASDAQ:CEPO opened at $10.48 on Friday. Cantor Equity Partners, Inc. has a 1 year low of $10.17 and a 1 year high of $16.50. The business’s 50-day moving average is $10.46 and its 200-day moving average is $10.45. The company has a market capitalization of $267.24 million, a price-to-earnings ratio of -38.81 and a beta of -0.23.

Cantor Equity Partners (NASDAQ:CEPO) last released its earnings results on Friday, February 27th. The company reported ($0.44) EPS for the quarter.

About Cantor Equity Partners

Cantor Equity Partners, Inc is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the NASDAQ under the ticker CEPO. As a blank‐check entity, Cantor Equity Partners seeks to raise capital through an IPO and use the proceeds to effect a merger, share exchange, asset acquisition or similar business combination with one or more target companies. The company does not engage in commercial operations of its own until it completes a qualifying transaction.

The firm’s sponsor, Cantor Equity Opportunities Sponsor, LLC, is an affiliate of Cantor Fitzgerald, L.P., a well-established global financial services firm known for its capital markets, investment banking and brokerage activities.