Readystate Asset Management LP Takes Position in Cantor Equity Partners VII, Inc. $CAES

Readystate Asset Management LP acquired a new position in Cantor Equity Partners VII, Inc. (NASDAQ:CAES) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 67,891 shares of the company’s stock, valued at approximately $685,000. Readystate Asset Management LP owned about 0.21% of Cantor Equity Partners VII as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Harraden Circle Investments LLC purchased a new stake in Cantor Equity Partners VII during the 2nd quarter valued at $4,677,000. Rivernorth Capital Management LLC purchased a new position in shares of Cantor Equity Partners VII in the second quarter worth $1,510,000. Moore Capital Management LP bought a new position in shares of Cantor Equity Partners VII during the second quarter valued at $2,018,000. Finally, Susquehanna International Group LLP bought a new position in shares of Cantor Equity Partners VII during the second quarter valued at $355,000.

Cantor Equity Partners VII Stock Performance

Shares of CAES stock opened at $10.10 on Tuesday. Cantor Equity Partners VII, Inc. has a 12-month low of $10.05 and a 12-month high of $10.17. The stock has a 50 day moving average of $10.08.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Cantor Equity Partners VII to a “hold” rating in a report on Saturday, June 27th.

Cantor Equity Partners VII Profile

Cantor Equity Partners VII is a special purpose acquisition company, or SPAC, formed to pursue a merger, stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. As a blank check company, it does not have operations of its own and is focused on identifying and completing an initial transaction with a target company.

The company was organized by affiliates of Cantor Fitzgerald, a financial services firm with a long history in capital markets and investment banking.