MMCAP International Inc. SPC Decreases Holdings in Cantor Equity Partners, Inc. $CEPO

MMCAP International Inc. SPC reduced its stake in Cantor Equity Partners, Inc. (NASDAQ:CEPO) by 20.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 638,027 shares of the company’s stock after selling 159,664 shares during the period. MMCAP International Inc. SPC owned approximately 2.50% of Cantor Equity Partners worth $6,674,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in CEPO. Qube Research & Technologies Ltd purchased a new stake in shares of Cantor Equity Partners in the second quarter worth about $155,000. Whalen Wealth Management Inc. acquired a new position in Cantor Equity Partners during the 3rd quarter worth approximately $140,000. Penserra Capital Management LLC acquired a new position in Cantor Equity Partners during the 2nd quarter worth approximately $219,000. Pekin Hardy Strauss Inc. purchased a new position in Cantor Equity Partners in the 2nd quarter worth approximately $232,000. Finally, JPMorgan Chase & Co. acquired a new stake in Cantor Equity Partners in the second quarter valued at approximately $295,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Cantor Equity Partners in a research report on Friday, January 9th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Cantor Equity Partners Stock Performance

NASDAQ:CEPO opened at $10.46 on Monday. Cantor Equity Partners, Inc. has a one year low of $10.08 and a one year high of $16.50. The business’s 50-day simple moving average is $10.45 and its 200 day simple moving average is $10.46. The stock has a market cap of $266.73 million and a price-to-earnings ratio of 61.53.

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.