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OTC Markets Group Inc. welcomes Concord Acquisition Corp II to OTCQX

PRIVATEOct 11, 2024

Acquiring Company

OTC Markets Group

Acquired Company

Concord Acquisition II

New YorkFinancial ServicesFinancial ServicesFinanceVenture CapitalAngel InvestmentFintechLending

Description

Concord Acquisition Corp II, a special purpose acquisition company, has qualified to trade on the OTCQX® Best Market operated by OTC Markets Group Inc. This move provides efficient, cost-effective access to the U.S. capital markets for Concord Acquisition Corp II and aligns with OTC Markets Group Inc.'s goal of creating more informed and efficient markets.

Quick answer

OTC Markets Group is acquiring Concord Acquisition II, announced October 11, 2024.

How much did OTC Markets Group pay for Concord Acquisition II?
The deal value was not disclosed.
What does OTC Markets Group do?
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities.
Where are OTC Markets Group and Concord Acquisition II based?
Concord Acquisition II is based in New York, New York, United States.

Source: Fundz verified event record.

Other recent acquisitions in Financial Services and Financial Services

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

OTC Markets Group

About

OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market. Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets. OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. EDGAR® and SEC® are trademarks of the U.S. Securities and Exchange Commission. OTC Market Group Inc.'s products and services are not affiliated with or approved by the U.S. Securities and Exchange Commission. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

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Frequently asked

Who acquired Concord Acquisition II?

Concord Acquisition II was acquired by OTC Markets Group. The deal was reported on October 11, 2024. OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. OTC Markets Group is privately held and operates in Financial Services.

When did OTC Markets Group acquire Concord Acquisition II?

OTC Markets Group's acquisition of Concord Acquisition II was reported on October 11, 2024. Concord Acquisition Corp II, a special purpose acquisition company, has qualified to trade on the OTCQX® Best Market operated by OTC Markets Group Inc. This move provides efficient, cost-effective access to the U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Concord Acquisition II do?

Concord Acquisition Corp II is a special purpose acquisition company affiliated with investment firm Atlas Merchant Capital, LLC. It is involved in facilitating business combinations and providing capital commitment to companies such as Events.com. It is publicly traded (CNDA), operating in Financial Services, and is based in New York.

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