NYSE American to Commence Delisting Proceedings Against Concord Acquisition Corp II (CNDA)

NEW YORK--(BUSINESS WIRE)--NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the three securities enumerated below (“Securities”) of Concord Acquisition Corp II (the “Company”) from NYSE American. Trading in the Company’s Securities will be suspended immediately.

Symbol	Description
CNDA	Class A Common Stock, par value $0.0001 per share
CNDA.U	Units, each consisting of one share of Class A Common Stock and one-third of one Warrant
CNDA.WS	Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50

NYSE Regulation reached its decision to delist the Company’s Securities pursuant to Sections 119(b) and 119(f) of the NYSE American Company Guide because the Company failed to consummate a business combination within (i) 36 months of the effectiveness of its initial public offering registration statement, or (ii) such shorter period that the Company specified in its registration statement.

The Company has a right to a review of NYSE Regulation staff’s determination to delist the Company’s Securities by the Listings Qualifications Panel of the Committee for Review of the Board of Directors of the Exchange. The NYSE American will apply to the Securities and Exchange Commission to delist the Company’s Securities upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.