CEPF’s Lock-Up Period Will 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 initial public offering 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 CEPF’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 initiated coverage on CEPF in a report on Wednesday, January 14th. They issued a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, CEPF has a consensus rating of “Sell”.

CEPF Trading Down 0.1%

Shares of NASDAQ CEPF opened at $10.45 on Tuesday. CEPF has a fifty-two week low of $10.09 and a fifty-two week high of $10.67.

CEPF Company Profile

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.