Concord Acquisition Corp II Navigates Transition Following NYSE American Delisting Notice

Provided By PR Newswire

Last update: Sep 3, 2024

Alternative Listing with Nasdaq Considered

NEW YORK, Sept. 3, 2024 /PRNewswire/ -- Concord Acquisition Corp II (NYSE: CNDA) (the "Company") today announced that it has received notification from NYSE American LLC ("NYSE American" or the "Exchange") indicating that the staff of NYSE has determined to initiate proceedings which may delist the Company's Class A Common Stock, Units, and Warrants (collectively, the "Securities"). This step, anticipated as part of the Company's strategic journey to the public markets, is due to the Company not completing a business combination within 36 months as required by Sections 119(b) and 119(f) of the NYSE American Listed Company Guide.