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Concord Acquisition Priced, NYSE: CND

Blank check company formed by Atlas Merchant Capital targeting financial services and FinTech (liquidated).

Industry: SPAC

First Day Return: +1.0%

Industry: SPAC

We are a blank check company. While we may pursue a merger opportunity in any industry or sector, we intend to capitalize on the ability of our management team and Sponsor to identity, acquire and manage a business in the financial services and financial technology sectors, including payments, enterprise software, and data analytics, that can benefit from our differentiated deal flow and global network. We will seek to acquire established and growing businesses that we believe are fundamentally sound with an attractive financial profile and poised for continued and accelerating growth, but potentially in need of some form of financial, operational, strategic or managerial guidance to maximize value. Our sponsor is affiliated with Atlas Merchant Capital LLC (“Atlas”), an alternative asset manager with over $1 billion in assets under management as of June 30, 2020 and approximately $2.8 billion of capital raised through its fund vehicles and related co-investments in its fund’s portfolio companies since inception. We believe that the experience of our management team, Board of Directors and Advisors, and our relationship with Atlas will allow us to source, identify and execute an attractive transaction for our shareholders.
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Concord Acquisition (CND) Performance