Concord Acquisition Corp - Ordinary Shares - Class A

NYSE:CND  
10.06
-0.03 (-0.30%)
4:00:00 PM EDT: $10.08 +0.02 (+0.20%)
Debt Financing / Related, Exchange Changes, Mergers / Acquisitions

Circle To Go Public Through A Business Combination With Concord Acquisition Corp

Published: 07/08/2021 11:40 GMT
Concord Acquisition Corp - Ordinary Shares - Class A (CND) - Circle to Go Public Through a Business Combination With Concord Acquisition Corp, Supported by Over $1.1b in Capital.
Concord Acquisition Corp - Transaction Values Circle at $4.5 Billion.
Concord Acquisition Corp - in Conjunction With Transaction, Investors Have Committed $415 Million in Pipe Financing.
Concord Acquisition - a New Irish Holding Co to Acquire Both Concord & Circle & Become Publicly-traded Co, Expected to Trade on Nyse Under Symbol "crcl".
Concord Acquisition Corp - Pipe Supported by Marshall Wace Llp, Fidelity Management & Research Co Llc, Adage Capital Management Lp.
Concord Acquisition Corp - Transaction is Expected to Deliver Up to $691 Million of Gross Proceeds to Combined Company.
Concord Acquisition Corp - Existing Circle Shareholders Will Maintain Approximately 86% Ownership Interest in Combined Company.
Concord Acquisition Corp - Circle's Co-founder, Jeremy Allaire, Will Remain CEO of Company.
Concord Acquisition Corp - Bob Diamond, Chairman of Concord Acquisition Corp and CEO of Atlas Merchant Capital Will Join Board of Combined Co.