Concord Acquisition II registered with the SEC to offer 25 million units at $10 each. A unit consists of one share of Class A common stock and one-third of one redeemable warrant; whole warrants exercisable at $11.50.
Concord II will target a business in the financial services and financial technology sectors, including payments, enterprise software, and data analytics.
The SPAC is led by CEO Jeff Tuder, an operating partner of Atlas as well as CEO of Concord I and III. His first Concord SPAC raised $276 million in a December IPO. Concord III filed for a $250 million IPO the same day as Concord II.
The SPAC plans to apply for a listing on the NYSE under CNDA.U. Read more.
