Concord Acquisition II in a proxy filing called a may 30 meeting for shareholders to vote on an extension that would give the fintech-focused SPAC until March 2025 to complete a deal. The current deadline is June 3.
The SPAC holds nearly $156 million in trust, according to the proxy.
Formed by Atlas Merchant Capital, the SPAC raised $280 million in a 2021 IPO with plans to acquire a business in the financial services and financial technology sectors. Read more.
