NEW YORK, Oct. 20, 2021 /PRNewswire/ -- Concord Acquisition
Corp II (NYSE: CNDA.U) (the "Company") today announced that holders
of the units sold in the Company's initial public offering
completed on September 3, 2021 may
elect to separately trade the shares of Class A common stock and
warrants included in the units commencing on or about October 22, 2021. No fractional warrants will be
issued upon separation of the units and only whole warrants will
trade. Those units not separated will continue to trade on the New
York Stock Exchange ("NYSE") under the ticker symbol "CNDA.U," and
the Class A common stock and warrants that are separated will trade
on the NYSE under the symbols "CNDA" and "CNDA.WS,"
respectively.
Citigroup Global Markets Inc. and Cowen and Company, LLC served
as joint book-running managers of the offering. AmeriVet
Securities, Inc. served as co-manager of the offering.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the securities of the Company, nor
shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful 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
anticipated use of the net proceeds of the Company's initial public
offering. No assurance can be given that the net proceeds of the
offering 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 forth in the Risk
Factors section of the Company's registration statement and
prospectus for the Company's offering filed with the SEC. Copies of
these documents are available on the SEC's website, www.sec.gov.
The Company undertakes no obligation to update these statements for
revisions or changes after the date of this release, except as
required by law.
Contact:
Concord Acquisition Corp II
Jeff Tuder
jeff@tremsoncapital.com
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SOURCE Concord Acquisition Corp II