Concord Acquisition CORP Ii

Market Movers (8-K)

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Concord Acquisition Corp II stockholders approved an amendment to extend the deadline for completing a business combination to December 31, 2026, with no Class A shares redeemed at the special meeting.
Delay expected
Better than expected
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Concord Acquisition Corp II reports that Marcum LLP resigned as their independent registered accounting firm, and CBIZ CPAs P.C. has been engaged as the new firm, effective March 21, 2025.
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Concord Acquisition Corp II successfully amended its charter to extend the deadline for completing a business combination to December 31, 2025, while facing significant share redemptions.
Worse than expected
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Concord Acquisition Corp II is facing delisting from the NYSE American after failing to complete a business combination within the required timeframe, and will not seek further review of the decision.
Worse than expected
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Concord Acquisition Corp II has transitioned from NYSE American to the OTCQX Best Market, commencing trading under the symbol CNDA on October 11, 2024.
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Concord Acquisition Corp II received a delisting notice from NYSE American due to not completing a business combination within 36 months, and is now planning to move to the OTC market while pursuing a Nasdaq listing.
Worse than expected
Delay expected

Quarterly Earnings (10-Q)

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Concord Acquisition Corp II reported a net income for Q3 2025 but faces significant liquidity challenges, a substantial excise tax liability, and uncertainty regarding its proposed merger with Events.com.
Worse than expected
Capital raise
Delay expected
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Concord Acquisition Corp II reports critically low cash, significant tax liabilities, and substantial doubt about its ability to continue as a going concern, with its merger agreement past its deadline.
Worse than expected
Delay expected
Capital raise
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Concord Acquisition Corp II's latest 10-Q filing reveals ongoing efforts to finalize a merger with Events.com, while grappling with liquidity challenges and a potential delisting.
Capital raise
Worse than expected
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Concord Acquisition Corp II reported a net loss for Q3 2024, experienced a delisting from NYSE American, and announced a merger agreement with Events.com.
Delay expected
Worse than expected
Capital raise
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Concord Acquisition Corp II reported a net income of $1.1 million for the second quarter of 2024, while continuing its efforts to secure a business combination.
Worse than expected
Delay expected
Capital raise
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Concord Acquisition Corp II reported a net income of $689,518 for the first quarter of 2024, while continuing its search for a business combination.
Worse than expected
Capital raise

Annual Reports (10-K)

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Concord Acquisition Corp II's Form 10-K filing reveals a net loss for 2024, ongoing efforts to finalize a business combination with Events.com, and challenges including a NYSE American delisting and a material weakness in internal controls.
Capital raise
Worse than expected
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Concord Acquisition Corp II's annual 10-K filing details its financial status, risks, and strategies as it seeks a business combination by June 3, 2024.
Delay expected
Capital raise
Worse than expected

Insider Trading (Form 4)

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Events.com and Summit, an invitation-only community, announce a merger to expand the global creative business economy and enhance event offerings.
Capital raise
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Events.com secures a multi-year exclusive partnership with Warner Bros. Discovery Sports Events division, becoming a main partner for three global competitions and expanding its global reach.
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Events.com has acquired the La Jolla Concours d'Elegance, aiming to enhance the event's infrastructure and operational support while preserving its legacy.
Better than expected
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Events.com has acquired the Temecula Valley Balloon & Wine Festival, enhancing its presence in Southern California's live event scene and reinforcing its commitment to community impact.
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Events.com has acquired Citifyd to integrate advanced parking management into its platform, aiming to streamline event planning, boost revenue, and improve the event goer experience.
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Events.com has acquired the Wonderfront Music & Arts Festival, expanding its presence in Southern California's festival scene and integrating its technology platform.
Capital raise

Proxy Statements (Def-14A)

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Concord Acquisition Corp II requests stockholder approval to extend its business combination deadline to December 31, 2026, aiming to complete its merger with Events.com.
Delay expected
Worse than expected
Capital raise
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Concord Acquisition Corp II is asking stockholders to approve an extension to complete its business combination with Events.com by December 31, 2025.
Delay expected
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Concord Acquisition Corp II is seeking stockholder approval to extend the deadline for completing a business combination from June 3, 2024, to March 3, 2025.

Schedule 13G - Passive Investments

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Morgan Stanley and its subsidiary, Morgan Stanley Smith Barney LLC, have reported ceasing to be beneficial owners of more than five percent of Concord Acquisition Corp II's Class A Common Stock.
Worse than expected
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Sandia Investment Management LP and Timothy J. Sichler have filed an amended Schedule 13G, indicating they no longer beneficially own any Class A Common Stock of Concord Acquisition Corp II as of March 31, 2025.
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Periscope Capital Inc. has filed an amended Schedule 13G, reporting that it no longer beneficially owns any Class A common stock of Concord Acquisition Corp II as of March 31, 2025.
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An amendment to Schedule 13G reveals that TD Securities (USA) LLC and its affiliated entities no longer beneficially own any shares of Concord Acquisition Corp II as of March 31, 2025.
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Periscope Capital Inc. has filed an amendment to its Schedule 13G, reporting that it no longer beneficially owns any Class A common stock of Concord Acquisition Corp II, holding 0% of the class.
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Karpus Management, Inc. has filed an amended Schedule 13G, reporting a complete divestment of its beneficial ownership in Concord Acquisition Corp II, now holding 0% of the common stock.