Concord Acquisition (CNDAW)

Company Profile

Concord Acquisition Corp (the “Company”) is a blank check company incorporated as a Delaware corporation on August 20, 2020. The Company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (“Business Combination”).

Company profile

Ticker

CNDAW, CNDAW

Exchange

Incorporated

Location

Fiscal year end

Industry (SIC)

Pershing Square Tontine • Foley Trasimene Acquisition II • KKR Acquisition Holdings I • Austerlitz Acquisition Corp II • FTAC Hera Acquisition • Cohn Robbins • Polestar Automotive Holding UK • E.Merge Technology Acquisition • Slam • MSD Acquisition ...

SEC CIK

0001824301

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

IRS number

852642903

CNDAW stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

15-12G

Securities registration termination

Circle and Concord Acquisition Corp Mutually Agree to Terminate Proposed

5 Dec 22

PRER14A

Preliminary revised proxy

18 Nov 22

14 Nov 22

Preliminary revised proxy

9 Nov 22

PRER14A

Preliminary revised proxy

Latest ownership filings

View all

683 Capital Management, LLC

26 Sep 22

Change in insider ownership

17 Aug 22

Initial statement of insider ownership

Beryl Capital Management LLC

14 Feb 22

SC 13G/A

683 Capital Management, LLC

14 Feb 22

SC 13G/A

ARK Investment Management LLC

9 Feb 22

Financial summary

Financial statements Chart CNDAW financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	279.44 k	279.44 k	279.44 k	279.44 k	279.44 k	279.44 k
Cash burn (monthly)	(no burn)	5.50 k	67.35 k	57.58 k	(no burn)	1.14 mm
Cash used (since last report)	n/a	32.68 k	400.00 k	342.00 k	n/a	6.77 mm
Cash remaining	n/a	246.76 k	-120.56 k	-62.56 k	n/a	-6.49 mm
Runway (months of cash)	n/a	44.8	-1.8	-1.1	n/a	-5.7

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

CNDAW institutional ownership history Ownership history

73.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	3	69	-95.7%
Opened positions	2	8	-75.0%
Closed positions	68	15	+353.3%
Increased positions	0	13	EXIT
Reduced positions	0	19	EXIT

13F shares	Current	Prev Q	Change
Total value	579.63 mm	202.23 mm	+186.6%
Total shares	11.61 mm	26.07 mm	-55.5%
Total puts	0.00	24.70 k	EXIT
Total calls	0.00	67.90 k	EXIT
Total put/call ratio	–	0.4	–

Largest owners	Shares	Value	Change
Concord Sponsor	5.94 mm	$0.00	0.0%
Brevan Howard Capital Management	4.03 mm	$579.63 mm	NEW
Marshall Wace	1.64 mm	$0.00	NEW
Azora Capital	0.00	$0.00	EXIT

Largest transactions	Shares	Bought/sold	Change
Brevan Howard Capital Management	4.03 mm	+4.03 mm	NEW
Sculptor Capital	0.00	-2.85 mm	EXIT
Marshall Wace	1.64 mm	+1.64 mm	NEW
683 Capital Management	0.00	-1.55 mm	EXIT
Meteora Capital	0.00	-1.15 mm	EXIT
D. E. Shaw & Co.	0.00	-1.13 mm	EXIT
Azora Capital	0.00	-1.07 mm	EXIT
Farallon Capital Management	0.00	-1.01 mm	EXIT
Cubist Systematic Strategies	0.00	-760.65 k	EXIT
Kepos Capital	0.00	-750.00 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CNDAW insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value
16 Aug 22	Sculptor Capital Management	Warrant Class A Common Stock	Sell	Dispose S	Yes	No	1.31	13,039	17.08 k
16 Aug 22	Sculptor Capital Management	Warrant Class A Common Stock	Sell	Dispose S	Yes	No	1.31	9,779	12.81 k
16 Aug 22	Sculptor Capital Management	Warrant Class A Common Stock	Sell	Dispose S	Yes	No	1.31	43,378	56.83 k

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.