CEPF’s Lock-Up Period To 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. After the end of CEPF’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings initiated coverage on shares of CEPF in a research note on Wednesday, January 14th. They issued a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

CEPF Stock Performance

Shares of CEPF stock opened at $10.43 on Friday. 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.