secwatch.observer — SEC 8-K summary
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Issuer:     Concord Acquisition Corp II (CNDA)
CIK:        0001851959
Form:       8-K
Filed at:   2021-09-10T23:59:59+00:00
Accession:  0001104659-21-114739
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Concord Acquisition Corp II completes $250M IPO, deposits net proceeds into trust
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- IPO of 25M units at $10.00/unit raised $250M gross; each unit includes one Class A share and 1/3 warrant.
- Private placement of 5M warrants at $1.50 each raised $7.5M from sponsors and anchor investors.
- $250M from IPO and private placement deposited into trust account for public stockholders.
- As of Sept 3, 2021: total assets $253.4M, warrant liability $17.9M, deferred underwriting discount $8.75M.
- 22,090,823 Class A shares subject to possible redemption recorded at $220.9M as temporary equity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1851959/000110465921114739/0001104659-21-114739-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1851959/000110465921114739/tm2127014d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-114739

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