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Concord Acquisition Ii Stock Price, News & Analysis

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Company Description

Concord Acquisition Corp II (CNDA) is a special purpose acquisition company (SPAC) in the financial services sector, classified under shell companies. According to its public disclosures, Concord Acquisition Corp II was formed to enter into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in the financial services or financial technology industries.

The company’s Class A common stock, units and warrants have traded under the CNDA-related symbols. An 8-K filing dated December 17, 2025 reports that its securities trade over-the-counter, with units, Class A common stock and warrants quoted under CNDA.U, CNDA and CNDA.WS, respectively. Concord Acquisition Corp II is described in its proxy materials and in multiple press releases as a publicly traded special purpose acquisition company affiliated with Atlas Merchant Capital LLC.

Business purpose and strategy

As a SPAC, Concord Acquisition Corp II raises capital from public investors with the stated objective of identifying and completing a business combination within a defined timeframe. Its proxy statement explains that its charter provides a combination period and that, absent an extension or completed transaction, it would be required to wind up and redeem its public shares. The company’s focus, as described in its filings and in joint announcements with prospective targets, is on financial services and financial technology businesses.

On August 26, 2024, Concord Acquisition Corp II entered into an agreement and plan of merger with Events.com, Inc. and a merger subsidiary. Public communications from Concord and Events.com describe this as a proposed business combination under which the merger subsidiary would merge with and into Events.com, with Events.com surviving as a wholly owned subsidiary of the SPAC. The combined public company is expected in those communications to be named “Events.com” and to list its common stock under the ticker symbol “RSVP,” subject to regulatory and stockholder approvals and listing application approval. These materials emphasize that the transaction is subject to customary closing conditions and may not be completed if those conditions are not satisfied or waived.

Extension of the business combination deadline

Concord Acquisition Corp II’s definitive proxy statement dated December 4, 2025 describes a special meeting of stockholders to vote on a charter amendment extending the date by which the company has to consummate a business combination. The proxy explains that the charter previously required completion of a business combination by December 31, 2025, and that the board believed more time would be needed to complete the Events.com transaction or another business combination.

An 8-K filed on December 17, 2025 reports that, at the special meeting held on December 16, 2025, stockholders approved the charter amendment. The amendment extends the deadline to consummate a business combination from December 31, 2025 to December 31, 2026. The 8-K notes that the charter amendment was filed with the Delaware Secretary of State on December 16, 2025 and that none of the holders of Class A common stock exercised redemption rights in connection with this vote, leaving a stated amount in the trust account.

Relationship with Events.com

Multiple press releases issued jointly by Events.com and Concord Acquisition Corp II describe the proposed business combination and provide context for CNDA’s role. These releases state that Events.com is an event management and discovery platform that powers a two-sided marketplace and platform to help individuals and organizers create, promote, discover, and enjoy events. They explain that Events.com offers tools for event organizers to manage, market, and monetize events, and that the proposed combination with Concord Acquisition Corp II is intended to provide Events.com with resources to pursue acquisitions, partnerships and product development.

These press releases consistently refer to the transaction as a “proposed business combination” and describe it as subject to stockholder approval, regulatory review and other customary closing conditions. They also explain that Concord Acquisition Corp II intends to file a registration statement and proxy statement with the U.S. Securities and Exchange Commission (SEC) in connection with the transaction, and that investors and stockholders are encouraged to read those documents when available.

Regulatory and listing context

A press release dated September 3, 2024 notes that Concord Acquisition Corp II received a notification from NYSE American indicating that the exchange had determined to initiate proceedings that may delist the company’s securities because it had not completed a business combination within 36 months, as required by NYSE American rules. The release states that Concord intended to request a review of this determination, to seek trading of its securities on OTC Markets during any suspension, and to explore a potential listing on Nasdaq. The same communication reiterates that Concord remains focused on completing its public market plans and on its proposed combination with Events.com.

Later SEC filings confirm that CNDA’s units, Class A common stock and warrants are quoted on OTC markets under CNDA.U, CNDA and CNDA.WS. The filings and press releases emphasize that any future listing of the combined company under a new ticker symbol would depend on completion of the proposed business combination and approval of a listing application by the relevant exchange.

Status as a SPAC

Concord Acquisition Corp II’s proxy materials explain that, until it completes a business combination, it holds the proceeds of its initial public offering in a trust account and that public stockholders have the right to redeem their shares for a pro rata portion of the funds in that account in connection with certain stockholder votes or if the company fails to complete a business combination by the applicable termination date. The proxy also discusses the potential impact of U.S. federal excise tax on share redemptions and notes that the company does not intend to use trust account funds to pay that tax.

Because Concord Acquisition Corp II is a SPAC, its long-term business profile depends on whether it completes the proposed transaction with Events.com or another qualifying business combination. Until such a transaction is completed, its primary activities, as described in its filings, relate to identifying, negotiating and seeking approval for a business combination and managing its trust account.

Key points for CNDA stock watchers

  • CNDA represents Concord Acquisition Corp II, a SPAC formed to pursue a business combination in financial services or financial technology.
  • The company has entered into a definitive merger agreement with Events.com, Inc., described in public communications as a proposed business combination subject to approvals and closing conditions.
  • A charter amendment approved in December 2025 extends the deadline to complete a business combination to December 31, 2026.
  • Press releases describe prior NYSE American delisting proceedings and indicate that CNDA’s securities trade on OTC markets while the company explores alternative listings.

FAQs about Concord Acquisition Corp II (CNDA)

What is Concord Acquisition Corp II’s business purpose?
According to its public filings and press releases, Concord Acquisition Corp II is a special purpose acquisition company formed to enter into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in the financial services or financial technology industries.

What does the CNDA ticker represent?
The CNDA symbol refers to the Class A common stock of Concord Acquisition Corp II. An 8-K filed on December 17, 2025 notes that the company’s units, Class A common stock and warrants are quoted on OTC markets under CNDA.U, CNDA and CNDA.WS, respectively.

What is the relationship between CNDA and Events.com?
Press releases dated August 27, 2024 and subsequent dates state that Concord Acquisition Corp II and Events.com, Inc. entered into a definitive agreement and plan of merger. Under this proposed business combination, a merger subsidiary of CNDA would merge with and into Events.com, with Events.com surviving as a wholly owned subsidiary of the SPAC, subject to regulatory and stockholder approvals and other customary closing conditions.

Has the business combination with Events.com been completed?
The materials provided describe the transaction as a proposed business combination that is expected to close subject to the satisfaction or waiver of customary closing conditions, including stockholder and regulatory approvals. They do not state that the transaction has been completed, so based on the available information it is described as proposed rather than completed.

Why did Concord Acquisition Corp II extend its business combination deadline?
The definitive proxy statement dated December 4, 2025 explains that the board believed there would not be sufficient time before the prior termination date of December 31, 2025 to complete the Events.com transaction or another business combination. The charter amendment approved on December 16, 2025 extends the deadline to December 31, 2026 to allow more time to complete a transaction.

What happened with CNDA’s NYSE American listing?
A press release dated September 3, 2024 reports that NYSE American staff determined to initiate proceedings that may delist Concord Acquisition Corp II’s securities because the company had not completed a business combination within 36 months, as required by exchange rules. The release states that Concord intended to request a review of this determination, to seek trading on OTC Markets during any suspension, and to explore a potential Nasdaq listing.

Will the combined company trade under a different ticker?
Multiple press releases state that, if the proposed business combination with Events.com is completed and a listing application is approved, the combined public company is expected to be named “Events.com” and to list its common stock under the ticker symbol “RSVP.” These statements are described as expectations and are subject to completion of the transaction and exchange approval.

What rights do CNDA public stockholders have regarding redemptions?
The proxy statement explains that holders of public shares of Class A common stock may elect to redeem their shares for their pro rata portion of the funds in the trust account in connection with the charter amendment and, if a business combination is later submitted to a vote, in connection with that vote. It also notes that if no business combination is completed by the applicable termination date, the company would redeem 100% of the public shares and wind up its operations.

Stock Performance

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0.00%
0.00
Last updated:
+7.74%
Performance 1 year
$96.6M

Financial Highlights

-$766K
Net Income (TTM)
-$1.5M
Operating Cash Flow
Revenue (TTM)

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Short Interest History

Last 12 Months
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Short interest in Concord Acquisition Ii (CNDA) currently stands at 213 shares, representing 2.5% of the float. Over the past 12 months, short interest has decreased by 89.2%. This relatively low short interest suggests limited bearish sentiment. With 106.5 days to cover, it would take significant time for short sellers to close their positions based on average trading volume.

Days to Cover History

Last 12 Months
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Days to cover for Concord Acquisition Ii (CNDA) currently stands at 106.5 days, up 349.9% from the previous period. This elevated days-to-cover ratio indicates it would take over two weeks of average trading volume for short sellers to exit their positions, suggesting potential for a short squeeze if positive news emerges. The days to cover has increased 9670.6% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.1 to 1000.0 days.

Frequently Asked Questions

What is the current stock price of Concord Acquisition Ii (CNDA)?

The current stock price of Concord Acquisition Ii (CNDA) is $11.42 as of July 3, 2025.

What is the market cap of Concord Acquisition Ii (CNDA)?

The market cap of Concord Acquisition Ii (CNDA) is approximately 96.6M. Learn more about what market capitalization means .

What is the net income of Concord Acquisition Ii (CNDA)?

The trailing twelve months (TTM) net income of Concord Acquisition Ii (CNDA) is -$766K.

What is the operating cash flow of Concord Acquisition Ii (CNDA)?

The operating cash flow of Concord Acquisition Ii (CNDA) is -$1.5M. Learn about cash flow.

What is the current ratio of Concord Acquisition Ii (CNDA)?

The current ratio of Concord Acquisition Ii (CNDA) is 0.17, indicating the company's ability to pay short-term obligations. Learn about liquidity ratios.

What is the operating income of Concord Acquisition Ii (CNDA)?

The operating income of Concord Acquisition Ii (CNDA) is -$2.2M. Learn about operating income.

What is Concord Acquisition Corp II (CNDA)?

Concord Acquisition Corp II is a special purpose acquisition company in the financial services sector. Its public disclosures state that it was formed to enter into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in the financial services or financial technology industries.

What does CNDA stock represent?

CNDA is the trading symbol for the Class A common stock of Concord Acquisition Corp II. An 8-K filed on December 17, 2025 notes that the company’s units, Class A common stock and warrants are quoted on OTC markets under CNDA.U, CNDA and CNDA.WS, respectively.

What business combination is CNDA pursuing?

Press releases dated August 27, 2024 and later state that Concord Acquisition Corp II entered into a definitive agreement and plan of merger with Events.com, Inc. and a merger subsidiary. Under this proposed business combination, the merger subsidiary would merge with and into Events.com, with Events.com surviving as a wholly owned subsidiary of the SPAC, subject to stockholder and regulatory approvals and other customary closing conditions.

Has CNDA completed its merger with Events.com?

The available press releases and filings describe the Events.com transaction as a proposed business combination that is expected to close subject to the satisfaction or waiver of customary closing conditions. They do not state that the merger has been completed, so it is characterized in those materials as pending rather than completed.

Why did CNDA extend its deadline to complete a business combination?

According to the definitive proxy statement dated December 4, 2025, the board believed that there would not be sufficient time before the prior termination date of December 31, 2025 to complete the Events.com transaction or another business combination. Stockholders approved a charter amendment on December 16, 2025 extending the deadline to December 31, 2026, as reported in an 8-K filed on December 17, 2025.

Where are CNDA’s securities traded?

A press release dated September 3, 2024 describes NYSE American proceedings that may delist Concord Acquisition Corp II’s securities and notes that the company intended to seek trading on OTC Markets and explore a Nasdaq listing. An 8-K filed on December 17, 2025 reports that the units, Class A common stock and warrants are quoted on OTC markets under CNDA.U, CNDA and CNDA.WS.

What ticker is expected for the combined company with Events.com?

Multiple press releases state that, if the proposed business combination with Events.com is completed and a listing application is approved, the combined public company is expected to be named “Events.com” and to list its common stock under the ticker symbol “RSVP.” These statements are framed as expectations and are subject to completion of the transaction and exchange approval.

What redemption rights do CNDA public stockholders have?

The definitive proxy statement explains that holders of public shares of Class A common stock may elect to redeem their shares for their pro rata portion of the funds in the trust account in connection with the charter amendment and, later, in connection with a business combination vote. It also notes that if no business combination is completed by the applicable termination date, the company would redeem 100% of the public shares and wind up its operations.

What sector and industry is CNDA classified under?

The provided classification lists Concord Acquisition Corp II in the financial services sector, under the industry category of shell companies, reflecting its status as a SPAC rather than an operating company.