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
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
852642903
CNDAW stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
3 Jan 23
8-K
Other Events
30 Dec 22
25-NSE
Exchange delisting
21 Dec 22
25-NSE
Exchange delisting
6 Dec 22
8-K
Circle and Concord Acquisition Corp Mutually Agree to Terminate Proposed
5 Dec 22
PRER14A
Preliminary revised proxy
18 Nov 22
10-Q
2022 Q3
Quarterly report
14 Nov 22
PRER14A
Preliminary revised proxy
9 Nov 22
PRER14A
Preliminary revised proxy
3 Nov 22
PRE 14A
Preliminary proxy
25 Oct 22
Latest ownership filings
SC 13G/A
Azora Capital LP
14 Feb 23
SC 13G
683 Capital Management, LLC
26 Sep 22
4
Change in insider ownership
17 Aug 22
3
Initial statement of insider ownership
11 Aug 22
SC 13G/A
Sculptor Capital LP
11 Aug 22
SC 13G
Azora Capital LP
14 Feb 22
SC 13G/A
CITADEL ADVISORS LLC
14 Feb 22
SC 13G/A
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
| 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 | 77.78 k | 952.08 k | 814.03 k | n/a | 16.10 mm |
| Cash remaining | n/a | 201.66 k | -672.64 k | -534.59 k | n/a | -15.82 mm |
| Runway (months of cash) | n/a | 36.7 | -10.0 | -9.3 | n/a | -13.9 |
Institutional ownership, Q2 2023
| 13F holders | Current |
|---|---|
| Total holders | 1 |
| Opened positions | 0 |
| Closed positions | 1 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 0.00 |
| Total shares | 5.94 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Concord Sponsor | 5.94 mm | $0.00 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 Aug 22 | Sculptor Capital Management | Warrant Class A Common Stock | Sell | Dispose S | Yes | No | 1.31 | 13,039 | 17.08 k | 0 |
| 16 Aug 22 | Sculptor Capital Management | Warrant Class A Common Stock | Sell | Dispose S | Yes | No | 1.31 | 9,779 | 12.81 k | 0 |
| 16 Aug 22 | Sculptor Capital Management | Warrant Class A Common Stock | Sell | Dispose S | Yes | No | 1.31 | 43,378 | 56.83 k | 0 |