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OTC Markets Group Welcomes Concord Acquisition Corp II to OTCQX

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OTC Markets Group (OTCQX: OTCM) announced that Concord Acquisition Corp II (OTCQX: CNDA), a special purpose acquisition company, has qualified to trade on the OTCQX® Best Market. Concord Acquisition Corp II was previously listed on the NYSE American and begins trading today under the symbol “CNDA.”

U.S. investors can access the company's current financial disclosures and Real-Time Level 2 quotes on www.otcmarkets.com. Trading on the OTCQX Market provides companies with efficient, cost-effective access to U.S. capital markets. The streamlined market requirements of OTCQX are designed to reduce the cost and complexity of being publicly traded, while ensuring transparent trading for investors.

To qualify for OTCQX, companies must meet high financial standards, adhere to best practices in corporate governance, and comply with relevant securities laws.

OTC Markets Group (OTCQX: OTCM) ha annunciato che Concord Acquisition Corp II (OTCQX: CNDA), una società di acquisizione a scopo specifico, è qualificata per essere quotata sul OTCQX® Best Market. Concord Acquisition Corp II è stata precedentemente quotata sul NYSE American e inizia a essere scambiata oggi con il simbolo “CNDA.”

Gli investitori statunitensi possono accedere alle attuali comunicazioni finanziarie della società e alle quotazioni in tempo reale di Livello 2 su www.otcmarkets.com. Il trading sul mercato OTCQX offre alle aziende un accesso efficiente e conveniente ai mercati dei capitali statunitensi. I requisiti semplificati del mercato OTCQX sono progettati per ridurre i costi e la complessità di essere quotati pubblicamente, garantendo al contempo un trading trasparente per gli investitori.

Per qualificarsi per l'OTCQX, le aziende devono soddisfare elevati standard finanziari, aderire alle migliori pratiche di governance aziendale e rispettare le leggi sulle securities pertinenti.

OTC Markets Group (OTCQX: OTCM) anunció que Concord Acquisition Corp II (OTCQX: CNDA), una compañía de adquisición de propósito especial, ha calificado para cotizar en el OTCQX® Best Market. Concord Acquisition Corp II estaba previamente listada en NYSE American y comienza a cotizar hoy bajo el símbolo “CNDA.”

Los inversores estadounidenses pueden acceder a las divulgaciones financieras actuales de la compañía y a las cotizaciones en tiempo real de Nivel 2 en www.otcmarkets.com. El comercio en el mercado OTCQX proporciona a las empresas un acceso eficiente y rentable a los mercados de capital de EE.UU. Los requisitos simplificados del mercado OTCQX están diseñados para reducir los costos y la complejidad de ser una empresa pública, asegurando al mismo tiempo un comercio transparente para los inversores.

Para calificar para el OTCQX, las empresas deben cumplir con altos estándares financieros, adherirse a las mejores prácticas de gobierno corporativo y cumplir con las leyes de valores pertinentes.

OTC Markets Group (OTCQX: OTCM)은 Concord Acquisition Corp II (OTCQX: CNDA)라는 특수목적 인수회사가 OTCQX® Best Market에서 거래할 자격을 갖추었다고 발표했습니다. Concord Acquisition Corp II는 이전에 NYSE American에 상장되어 있었으며 오늘부터 “CNDA.”라는 기호로 거래를 시작합니다.

미국 투자자들은 www.otcmarkets.com에서 회사의 현재 재무 공시 및 실시간 레벨 2 견적에 접근할 수 있습니다. OTCQX 시장에서의 거래는 기업들에게 미국 자본 시장에 대한 효율적이고 비용 효과적인 접근을 제공합니다. OTCQX의 간소화된 시장 요구사항은 공공 거래의 비용과 복잡성을 줄이는 동시에 투자자에게 투명한 거래를 보장하도록 설계되었습니다.

OTCQX에 자격을 갖추기 위해 기업들은 높은 재무 기준을 충족하고, 모범적인 기업 거버넌스 관행을 준수하며, 관련 증권 법률을 준수해야 합니다.

OTC Markets Group (OTCQX: OTCM) a annoncé que Concord Acquisition Corp II (OTCQX: CNDA), une société d'acquisition à but spécial, a obtenu la qualification pour être cotée sur le OTCQX® Best Market. Concord Acquisition Corp II était précédemment cotée sur NYSE American et commence à être échangée aujourd'hui sous le symbole “CNDA.”

Les investisseurs américains peuvent accéder aux divulgations financières actuelles de la société et aux cotations en temps réel de niveau 2 sur www.otcmarkets.com. Le commerce sur le marché OTCQX offre aux entreprises un accès efficace et rentable aux marchés de capitaux américains. Les exigences simplifiées du marché OTCQX sont conçues pour réduire le coût et la complexité de la cotation publique tout en garantissant une transparence des échanges pour les investisseurs.

Pour être qualifiées pour l'OTCQX, les entreprises doivent répondre à des normes financières élevées, respecter les meilleures pratiques de gouvernance d'entreprise et se conformer aux lois sur les valeurs mobilières pertinentes.

OTC Markets Group (OTCQX: OTCM) hat bekannt gegeben, dass Concord Acquisition Corp II (OTCQX: CNDA), eine Spezialgesellschaft zur Akquisition, die Qualifikation für den Handel auf dem OTCQX® Best Market erfüllt hat. Concord Acquisition Corp II war zuvor an der NYSE American gelistet und beginnt heute mit dem Handel unter dem Symbol „CNDA.“

US-Investoren können auf die aktuellen Finanzberichte des Unternehmens und die Echtzeit-Level-2-Kurse unter www.otcmarkets.com zugreifen. Der Handel am OTCQX-Markt bietet Unternehmen einen effizienten und kostengünstigen Zugang zu den US-Kapitalmärkten. Die vereinfachten Marktanforderungen von OTCQX sind darauf ausgelegt, die Kosten und die Komplexität des öffentlichen Handels zu reduzieren und gleichzeitig eine transparente Handelsumgebung für die Anleger zu gewährleisten.

Um sich für OTCQX zu qualifizieren, müssen Unternehmen hohe finanzielle Standards erfüllen, die besten Praktiken der Unternehmensführung einhalten und die relevanten Wertpapiergesetze befolgen.

Positive
  • Concord Acquisition Corp II qualified for OTCQX, indicating strong financial health and governance.
  • Transition to OTCQX offers cost-effective access to U.S. capital markets.
  • Provides transparent trading for investors, enhancing market trust.
Negative
  • Transition from NYSE American to OTCQX may be perceived as a downgrade by some investors.

NEW YORK, Oct. 11, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Concord Acquisition Corp II (OTCQX: CNDA), a special purpose acquisition company, has qualified to trade on the OTCQX® Best Market. Concord Acquisition Corp II previously traded on NYSE American.

Concord Acquisition Corp II begins trading today on OTCQX under the symbol “CNDA.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

Trading on the OTCQX Market offers companies efficient, cost-effective access to the U.S. capital markets. Streamlined market requirements for OTCQX are designed to help companies lower the cost and complexity of being publicly traded, while providing transparent trading for their investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

About Concord Acquisition Corp II
Concord Acquisition Corp II is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

About OTC Markets Group Inc.
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.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com


FAQ

What recent change has Concord Acquisition Corp II made regarding its stock market listing?

Concord Acquisition Corp II has transitioned from NYSE American to the OTCQX Best Market.

What is the new trading symbol for Concord Acquisition Corp II on OTCQX?

The new trading symbol for Concord Acquisition Corp II on OTCQX is 'CNDA'.

What are the benefits of trading on the OTCQX Market for Concord Acquisition Corp II?

Trading on the OTCQX Market offers Concord Acquisition Corp II efficient, cost-effective access to U.S. capital markets and transparent trading for investors.

Where can investors find financial information and quotes for Concord Acquisition Corp II?

Investors can find current financial disclosures and Real-Time Level 2 quotes for Concord Acquisition Corp II on www.otcmarkets.com.

What criteria did Concord Acquisition Corp II meet to qualify for OTCQX?

Concord Acquisition Corp II met high financial standards, followed best practices in corporate governance, and complied with applicable securities laws to qualify for OTCQX.

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