CEPF’s Lock-Up Period To Expire on February 17th (NASDAQ:CEPF)

CEPF’s (NASDAQ:CEPF) lock-up period is set to expire on Tuesday, February 17th. CEPF had issued 40,000,000 shares in its IPO on August 21st. The total size of the offering was $400,000,000 based on an initial share price of $10.00. After the end of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings started coverage on CEPF in a report on Wednesday, January 14th. They set a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

CEPF Stock Down 0.2%

Shares of CEPF stock opened at $10.42 on Thursday. CEPF has a 52-week low of $10.09 and a 52-week high of $10.67.

About CEPF

Cantor Equity Partners IV Inc is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Cantor Equity Partners IV Inc is based in NEW YORK.