CEPT Stock Sits Quiet, But Cantor Equity Partners II Keeps Some Attention
Cantor Equity Partners II Inc. stock was down 2 cents at $12.95 Tuesday afternoon as traders eyed the planned Securitize merger. The Nasdaq SPAC moved in a $12.75 to $13.05 range, with some 433,600 shares changing hands. That puts the market cap around $396 million. CEPT is trading differently from a typical operating company. The stock is a SPAC — basically a listed shell that plans to combine with another business. CEPT shares have turned into a way for public investors to track Securitize before that business goes public.