M&A - Concord Acquisition Corp II

Form Type: 425

Filing Date: 2025-05-15

Corporate Action: Acquisition

Type: New

Accession Number: 000110465925048656

Filing Summary: Concord Acquisition Corp II announced a strategic partnership with Events.com, designating Events.com as a Global Partner for Warner Bros. Discovery Sports’ Events division. This partnership, effective from 2025 to 2028, positions Events.com as a main partner for major global competitions including the WHOOP UCI Mountain Bike World Series, the FIM Endurance World Championship, and the FIM Speedway Grand Prix. The collaboration aims to enhance ticketing and fan engagement through innovative technology, boosting Events.com's global footprint in the significant and growing event sector, projected to be valued at $936 billion. Additionally, Events.com is preparing for a potential public debut following its business combination with Concord Acquisition Corp II, aiming to finalize the merger in 2025, subject to customary closing conditions and SEC approval for the associated documents. The partnership emphasizes the integration of advanced technology for events, marketing, and management, which is expected to redefine how events are promoted and monetized globally.

Form Type: 425

Filing Date: 2025-04-17

Corporate Action: Acquisition

Type: New

Accession Number: 000110465925035993

Filing Summary: On April 17, 2025, Events.com announced its acquisition of the La Jolla Concours d’Elegance, a prestigious automotive event known for showcasing classic cars. This acquisition marks a significant development as Events.com aims to enhance the event through improved infrastructure, operational support, and digital engagement, ensuring a continuation of its legacy in La Jolla. Events.com plans to provide streamlined ticketing and marketing tools to facilitate greater engagement for attendees and sponsors. Mitch Thrower, CEO of Events.com, expressed pride in taking over the event after its longstanding leadership and highlighted commitments to maintain its quality and community impact. The La Jolla Historical Society will continue its guiding role as a charitable beneficiary, ensuring the event supports local initiatives. The 2025 Concours is scheduled for April 25-27, promising a luxurious and memorable experience for car enthusiasts. Events.com is positioned for future growth as it plans for a public debut following its business combination with Concord Acquisition Corp. II, expected to finalize in 2025.

Form Type: 425

Filing Date: 2025-03-13

Corporate Action: Acquisition

Type: New

Accession Number: 000110465925023419

Filing Summary: Events.com announced the strategic acquisition of Citifyd, enhancing its event management platform by integrating advanced parking solutions. This acquisition is aimed at improving organizer efficiency, increasing revenue, and simplifying parking experiences for event attendees. Citifyd’s technology allows pre-purchase of parking through a mobile app, providing real-time analytics for optimized traffic flow. This acquisition aligns with Events.com’s mission to create a comprehensive platform for event creators. Additionally, this acquisition supports Events.com’s upcoming business combination with Concord Acquisition Corp II, anticipated to close in 2025, enhancing its market position ahead of its public debut.

Form Type: 425

Filing Date: 2025-03-13

Corporate Action: Acquisition

Type: New

Accession Number: 000110465925023428

Filing Summary: On March 13, 2025, Events.com announced its acquisition of the Temecula Valley Balloon & Wine Festival, enhancing its portfolio of live experiences and community impact in Southern California. The festival, set for June 20-22, 2025, will offer camping reservations and individual festival tickets. This acquisition allows Events.com to leverage its advanced event management platform to streamline operations, enhance attendee experience, and continue supporting local nonprofit initiatives. The festival attracts hundreds of thousands of visitors annually, contributing to the local economy. Events.com aims to preserve the festival's legacy while introducing innovative features and expanding its offerings for attendees. A revenue-sharing model is also planned to further support local community initiatives. The acquisition aligns with Events.com’s broader strategy as it approaches its public debut following a business combination with Concord Acquisition Corp. II.

Form Type: 8-K

Filing Date: 2025-03-05

Corporate Action: Merger

Type: New

Accession Number: 000110465925020899

Filing Summary: On February 28, 2025, Concord Acquisition Corp II held a special meeting where stockholders approved an amendment to extend the deadline for consummating a business combination from March 3, 2025, to December 31, 2025. The amendment was necessary for the company to finalize its merger plans. During the meeting, approximately 82% of the eligible shares voted in favor of the amendment, with 6,863,295 votes for, 658,227 against, and no abstentions. Additionally, holders of 2,191,753 shares of Class A common stock opted to redeem their shares at a redemption price of about $10.84 per share, totaling approximately $23.8 million, leaving around $92,709 in the trust account.

Form Type: 10-K

Filing Date: 2025-02-19

Corporate Action: Merger

Type: Update

Accession Number: 000141057825000156

Filing Summary: Concord Acquisition Corp II filed its annual report for the fiscal year ended December 31, 2024. The report discusses the company’s purpose as a blank check company aimed at effecting a merger or similar business combination. A significant recent development is the agreement with Events.com, Inc. and Concord Merger Sub, Inc. for a business combination transaction where Merger Sub will merge with Events.com, which will then become a wholly-owned subsidiary of Concord Acquisition. This transaction is predicated on stockholder approval and meeting customary conditions. The report also notes that as of February 14, 2025, the company had 2,200,303 shares of Class A common stock and 7,002,438 shares of Class B common stock outstanding. Following the initial public offering, the company deposited $280,097,500 in trust for shareholders. There have been significant stockholder interactions including non-redemption agreements and common stock issuances anticipated post-business combination completion. The filing also touches upon the company’s transition between stock exchanges and includes details regarding stockholder redemptions in the period leading up to the current date. The proposed transaction with Events.com is expected to complete upon regulatory approvals and other conditions, aiming to enhance portfolio value and business operations.

Form Type: DEF 14A

Filing Date: 2025-01-29

Corporate Action: Merger

Type: New

Accession Number: 000110465925007188

Filing Summary: Concord Acquisition Corp II is calling a special meeting for stockholders on February 28, 2025, to vote on two proposals: (1) a Charter Amendment to extend the deadline for consummating a business combination from March 3, 2025, to December 31, 2025, and (2) the Adjournment Proposal allowing the meeting to be adjourned if there are not enough votes. The Charter Amendment aims to secure additional time for the company to complete a merger planned with Events.com, Inc., given the board's concerns about meeting the current deadline. Shareholders have redemption rights for their shares in relation to the Charter Amendment. If the proposals do not pass and a business combination is not completed by the termination date, the company will liquidate and redeem the public shares. The board believes the Charter Amendment is beneficial for stockholders.

Form Type: PRE 14A

Filing Date: 2025-01-17

Corporate Action: Merger

Type: New

Accession Number: 000110465925004463

Filing Summary: Concord Acquisition Corp II is soliciting proxies for a special meeting on February 28, 2025. The main proposal is the Charter Amendment which aims to extend the deadline for consummating a business combination from March 3, 2025, to December 3, 2025. This extension is crucial for completing a merger with Events.com, Inc., as the Board believes they will not have adequate time to finalize the transaction by the original deadline. Shareholders holding Class A common stock will have the option to redeem their shares for a pro rata share of funds in the trust account regardless of their vote on the Charter Amendment. If the Charter Amendment is not approved and a business combination is not completed by the termination date, the company will wind down its operations and return funds to public stockholders. The meeting is aimed to ensure that shareholders can vote on this crucial extension, with a 65% vote required to approve the amendment. Additionally, the document outlines the implications of recent tax legislation on potential share redemptions and the overall strategy moving forward for Concord Acquisition Corp II.