After trimming its offer to $200 million last week, Concord Acquisition registered additional shares to bump the raise to $240 million, according to its latest filing. The original registration called for a $250 million raise.
The SPAC has said it will focus on businesses that are fundamentally sound “but potentially in need of some form of financial, operational, strategic or managerial guidance to maximize value.”
Concord plans to list on the NYSE under CND.U. Read more.
