Inactive Instrument

Concord Acquisition Corp

CND

US2060711023

Fintech Circle terminates $9 billion SPAC deal after amending deal terms

December 05, 2022 at 08:14 am EST

Dec 5 (Reuters) - Cryptocurrency operator Circle Internet Financial has decided to end a $9 billion deal with blank-check firm Concord Acquisition Corp nearly ten months after an earlier agreement was amended, ending their plan to go public. (Reporting by Mehnaz Yasmin in Bengaluru; Editing by Krishna Chandra Eluri)

Latest news about Concord Acquisition Corp

MarketScreener's World Press Review: December 6, 2022	22-12-06
Bloomberg Video: SPACs Collapse as Gores, Diamond Terminate Deals	22-12-06	MT
Concord Acquisition, Fintech Firm Circle Internet Financial Nix $9 Billion SPAC Deal	22-12-05	MT
Blank-Check Firm Concord Acquisition to Dissolve, Liquidate	22-12-05	MT
USD Coin Issuer Circle Axes SPAC Merger	22-12-05	DJ
Concord Acquisition, Circle Internet Financial to Terminate Proposed Merger	22-12-05	MT
Fintech Circle terminates $9 bln deal with Bob Diamond-backed SPAC	22-12-05	RE
Fintech Circle terminates $9 billion SPAC deal after amending deal terms	22-12-05	RE
Circle Internet Financial Limited cancelled the acquisition of Concord Acquisition Corp from Concord Sponsor Group LLC, CA Co-Investment LLC and others in a reverse merger transaction.	22-12-04	CI
Concord Acquisition Corp Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-14	CI
Concord Acquisition Corp Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-10	CI
Concord Acquisition Corp announced that it has received $2.76 million in funding from Circle Internet Financial Limited	22-06-06	CI
Concord Acquisition Corp Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-13	CI
Concord Acquisition Corp Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-04	CI
MarketScreener's World Press Review : February 18, 2022	22-02-18
Concord Acquisition, Circle Internet Financial Agree to New SPAC Merger Deal	22-02-17	MT
Circle Internet Financial Limited entered into agreement to acquire Concord Acquisition Corp from Concord Sponsor Group LLC, CA Co-Investment LLC and others for an enterprise value of $9 billion in a reverse merger transaction.	22-02-16	CI
Circle Internet Financial Limited cancelled the acquisition of Concord Acquisition Corp from Concord Sponsor Group LLC, CA Co-Investment LLC and Others for $4.5 billion in a reverse merger transaction.	22-02-15	CI
Concord Acquisition Corp Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-11-16	CI
Concord Acquisition Corp. II Prices IPO at $10/Unit	21-09-01	MT
Concord Acquisition Corp Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-08-10	CI
EMEA Morning Briefing : Stocks to Stem Selloff as -2-	21-07-09	DJ
Concord Acquisition : Fintech Firm Circle to Go Public Via $4.5-Billion Deal With Bob Diamond-Backed Concord Acquisition	21-07-08	MT
Concord Acquisition : Circle to Go Public by Combining with Blank-Check Firm Concord Acquisition, Backed by $1.1 Billion in Capital	21-07-08	MT
Circle Internet Financial Limited entered into a definitive business combination agreement to acquire Concord Acquisition Corp from Concord Sponsor Group LLC, CA Co-Investment LLC and Others for $4.5 billion in a reverse merger transaction.	21-07-07	CI

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Company Profile

Concord Acquisition Corp is a blank check company. The Company is formed for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company may pursue a merger opportunity in any industry or sector. The Company intends to identity acquire and manage a business in the Financial Services and Financial Technology sectors, including payments, enterprise software and data analytics.

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