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

CEPF’s (NASDAQ:CEPF) lock-up period will expire on Tuesday, February 17th. CEPF had issued 40,000,000 shares in its public offering on August 21st. The total size of the offering was $400,000,000 based on an initial share price of $10.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.

Wall Street Analyst Weigh In

Separately, Weiss Ratings initiated coverage on CEPF in a research note 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, the stock currently has an average rating of “Sell”.

CEPF Stock Performance

Shares of NASDAQ CEPF opened at $10.45 on Tuesday. CEPF has a 1-year low of $10.09 and a 1-year 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.