Cantor Equity Partners II, Inc.’s (NASDAQ:CEPT) Quiet Period To Expire on June 11th

Cantor Equity Partners II’s (NASDAQ:CEPT) quiet period is set to expire on Wednesday, June 11th. Cantor Equity Partners II had issued 24,000,000 shares in its initial public offering on May 2nd. The total size of the offering was $240,000,000 based on an initial share price of $10.00. During Cantor Equity Partners II’s quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of Cantor Equity Partners II from a “sell” rating to a “hold” rating in a research note on Friday, May 30th.

Cantor Equity Partners II Trading Up 1.0%

CEPT opened at $11.62 on Wednesday. Cantor Equity Partners II has a twelve month low of $10.80 and a twelve month high of $11.74.

About Cantor Equity Partners II

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.