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Concord Acquisition Corp II announces separate trading of its Class A common shares and warrants on or about October 22, 2021

 


Posted: October 20, 2021 at 2:57 pm MDT|Update: 11 hours ago

NEW YORK, 20 October 2021 / PRNewswire / – Concord Acquisition Corp II (NYSE: CNDA.U) (the “Company”) today announced that the holders of Units sold under the Company’s initial public offering closed on September 3, 2021 may choose to trade separately the Class A common shares and the warrants included in the units from or about 22 October 2021. No fractional warrants will be issued upon separation of the units and only whole warrants will be traded. The non-segregated units will continue to trade on the New York Stock Exchange (“NYSE”) under the ticker symbol “CNDA.U”, and the Class A common shares and the separate warrants will trade on the NYSE under the symbols “CNDA” and “CNDA.WS”, respectively.

Citigroup Global Markets Inc. and Cowen and Company, LLC acted as co-book managers of the offering. AmeriVet Securities, Inc. was co-manager of the offering.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, and there will be no sale of such securities in any state or jurisdiction in which such an offer, solicitation or sale would be illegal prior to registration or qualification under the securities laws of any such state or jurisdiction.

Forward-looking statements

This press release contains statements that constitute “forward-looking statements”, including with respect to the intended use of the net proceeds of the Company’s initial public offering. No guarantee can be given that the net proceeds of the offer will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set out in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s offer filed with of the SEC. Copies of these documents are available on the SEC website, www.sec.gov. The Company assumes no obligation to update these statements for revisions or changes after the date of this posting, except as required by law.

Contact:
Concord Acquisition Corp II
Jeff Tuder
[email protected]

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SOURCE Concord Acquisition Corp II

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