Concord Acquisition Corp

Concord Acquisition Corp. operates as a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was incorporated on August 20, 2020 and is headquartered in New York, NY. Redemption Price: 10. Warrant Coverage: 1/2.

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Concord Acquisition Corp. operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated on August 20, 2020 and is headquartered in New York, NY.

The Special Purpose Acquisition Company (SPAC) begins trading publicly. During this phase the SPAC looks for a target company to merge with or acquire.

PREVIOUS PHASE

The SPAC announces which company it will be acquiring (and taking public).

CURRENT PHASE

Investors and shareholders will meet to approve the acquisition.

NEXT PHASE

The start of 2022 has seen SPAC mergers called off and the valuation of some deals lowered. On Thursday, a previously announced SPAC merger announced an increased valuation.

USD Coin Founder Circle Doubles Valuation Ahead Of SPAC Merger

USD Coin issuer Circle has formed a new agreement with special purpose acquisition company (SPAC) Concord Acquisition Corp. that values Circle at $9 billion. Circle announced the agreement in a news release Thursday (Feb. 17), saying the deal replaces its earlier SPAC deal with Concord announced in July of last year, when Circle was originally […]

Circle Valued at $9B Following New SPAC Agreement

Cryptocurrency company Circle has announced that it has terminated its previous agreement with Concord Acquisition Corp, a publicly traded blank-check company — a SPAC. At the same time, it has reached a new deal with Concord Acquisition Corp for a new merger.

Circle to double in value to $9 billion with revamped SPAC deal

Feb 17 (Reuters) - Cryptocurrency operator Circle Internet Financial said on Thursday it was valued at $9 billion under new deal terms with Concord Acquisition Corp, a blank-check firm backed by former Barclays boss Bob Diamond.

Cryptocurrency firm Circle doubles valuation to $9 bln in tweaked SPAC deal

BOSTON, Feb. 17, 2022 /PRNewswire/ -- Circle Internet Financial, a global internet finance firm that provides internet-based payments and financial infrastructure to businesses of all sizes and is the issuer of USD Coin (USDC), announced today that it has terminated its existing business combination and agreed to new transaction terms with Concord Acquisition Corp (NYSE:CND), a publicly traded special purpose acquisition company. The new agreement sets Circle's enterprise value at $9 billion, increased from the $4.5 billion originally announced in July 2021.The increase in value reflects improvements in Circle's financial outlook and competitive position – particularly the growth and market share of USDC, one of the fastest growing dollar digital currencies.

Circle Valued at $9B in New Transaction Terms Agreed with Concord Acquisition Corp

Cathie Wood led Ark Investment Management on Tuesday raised its exposure in Concord Acquisition Corp (NYSE:CND), a black-check firm that is expected to take blockchain-focused payments company Circle public in a $4.5 billion merger. The popular money managing firm bought 278,000 shares — estimated to be worth $2.88 million — in Concord Acquisition Corp on a day the stock closed 1.12% higher at $10.36 a share.

Cathie Wood Loads Up $2.9M In This Cryptocurrency-Linked SPAC On Tuesday

Cathie Wood's ARK Invest has purchased a slug of shares of the special-purpose acquisition company, or SPAC, that is merging with Circle, one of the biggest stablecoin companies in crypto.

Market Extra: Cathie Wood's ARK ETF buys $70 million in SPAC linked to stablecoin operator Circle

BOSTON, Aug. 6, 2021 /PRNewswire/ -- Circle, a global financial technology firm that provides internet-native payments and treasury infrastructure, today announced the filing of a registration statement on Form S-4 (the "Registration Statement"), with the U.S. Securities and Exchange Commission (SEC). The Registration Statement contains a preliminary proxy statement and prospectus, in connection with its previously announced proposed business combination with Concord Acquisition Corp ("Concord") (NYSE: CND), a publicly traded special purpose acquisition company.

Circle Announces Filing of Registration Statement on Form S-4 in Connection with its Proposed Business Combination with Concord Acquisition Corp.

A leading digital currency company that created the USD Coin announced a SPAC merger Thursday morning. The SPAC Deal: Circle announced a SPAC merger with Concord Acquisition Corp (NYSE:CND) valuing the company at $4.5 billion.

USD Coin Creator Circle Going Public Via SPAC: What Investors Should Know

Operator behind USD Coin will merge with company chaired by former Barclays chief executive Bob Diamond

Cryptocurrency firm Circle to float in US in $4.5bn merger deal

The latest entrant to the SPAC parade has all the buzz of crypto and blockchain, but is rooted in the dollar and in stablecoins. Circle, the FinTech behind the USD Coin, the stablecoin backed one-to-one by the dollar, said on July 8th that it would go public via SPAC combination with Concord Acquisition Corp. Under […]

Circle SPAC: $25B Of USDC Mkt Cap In Circulation, CAGR At 6,100 Percent

Circle is the sort of business that is correct for a SPAC-led debut. It could not go public in a traditional manner in its current state of maturity.

Circle is a good example of why SPACs can be useful

Payments and digital currency firm Circle plans to go public later this year through a SPAC.

Digital currency company Circle to go public via SPAC at $4.5 billion valuation

Circle wants to go public via a SPAC deal that values the global fintech at $4.5 billion. The company behind the popular USD Coin (USDC) said on Thursday it will merge with Concord Acquisition Corp to list its shares on the New York Stock Exchange under the ticker CRCL.

Circle to go public via a $4.5 billion SPAC deal

The company behind the dollar-pegged stablecoin USDC is going public in a deal that could value the firm at $4.5 billion.

Cryptocurrency firm Circle to go public via SPAC deal that will value the company at $4.5 billion

Global financial technology company Circle announced it entered into a definitive business combination with Concord Acquisition in a deal with an enterprise value of $4.5 billion. These are the details.

Circle Going Public Through $4.5 Billion SPAC Deal With Concord Acquisition (CND)

Stablecoin USDC issuer Circle recently raised $440 million. Now it's set to become publicly traded in a SPAC merger with Concord Acquisition.

Dear Crypto Fans, Watch CND Stock and the New Circle SPAC Merger

Circle has announced that it plans to become a public company. The cryptocurrency company will merge with Concord Acquisition Corp, a SPAC.

Cryptocurrency company Circle to go public in SPAC deal

Global FinTech Circle is planning to file for a public listing on the NYSE with special purpose acquisition company (SPAC) Concord Acquisition Corp at a valuation of an estimated $4.5 billion. An unnamed Irish holding company will acquire both Circle and Concord to go public under the ticker CRCL.

Global FinTech Circle Going Public With SPAC At $4.5B Valuation

July 8 (Reuters) - Circle, which provides payments infrastructure for digital currencies, said on Thursday it would go public in a blank-check merger deal that values it at $4.5 billion, at a time crypto firms are battling increased regulatory scrutiny.

Fintech Circle to merge with Bob Diamond-backed SPAC in $4.5 bln deal

BOSTON, July 8, 2021 /PRNewswire/ -- Circle, a global financial technology firm that provides payments and treasury infrastructure for internet businesses, announced today that it has entered into a definitive business combination agreement with Concord Acquisition Corp ("Concord") (NYSE: CND), a publicly traded special purpose acquisition company. Under the terms of the agreement, a new Irish holding company (the "Company") will acquire both Concord and Circle and become a publicly-traded company, expected to trade on the NYSE under the symbol "CRCL".

News for Concord Acquisition Corp Stock (CND)