Cantor Equity Partners III, Inc.’s (NASDAQ:CAEP) Lock-Up Period Will Expire on December 23rd

Cantor Equity Partners III’s (NASDAQ:CAEP) lock-up period will end on Tuesday, December 23rd. Cantor Equity Partners III had issued 24,000,000 shares in its IPO on June 26th. The total size of the offering was $240,000,000 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.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Cantor Equity Partners III in a research report on Monday, December 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Cantor Equity Partners III Stock Performance

CAEP opened at $10.19 on Tuesday. The business has a 50 day simple moving average of $10.41. Cantor Equity Partners III has a 1-year low of $10.17 and a 1-year high of $11.09.

Cantor Equity Partners III (NASDAQ:CAEP) last posted its quarterly earnings results on Friday, November 14th. The company reported $0.08 earnings per share (EPS) for the quarter.

Institutional Trading of Cantor Equity Partners III

A number of hedge funds and other institutional investors have recently modified their holdings of CAEP. FNY Investment Advisers LLC acquired a new position in shares of Cantor Equity Partners III during the 2nd quarter valued at about $87,000. Waratah Capital Advisors Ltd. acquired a new position in Cantor Equity Partners III in the 2nd quarter valued at about $106,000. Timelo Investment Management Inc. acquired a new position in Cantor Equity Partners III in the 2nd quarter valued at about $106,000. Fort Baker Capital Management LP purchased a new stake in shares of Cantor Equity Partners III in the 2nd quarter valued at approximately $106,000. Finally, Gabelli Funds LLC acquired a new stake in shares of Cantor Equity Partners III during the 2nd quarter worth approximately $118,000.

Cantor Equity Partners III Company Profile

We are a blank check company incorporated on November 11, 2020 as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.