Concord Acquisition Corp.
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.
Our sponsor, Concord Sponsor Group LLC, is affiliated with Atlas Merchant Capital LLC (“Atlas”), an alternative asset manager founded in 2014. Atlas had 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. Led by its co-founders Bob Diamond and David Schamix, Atlas believes that changes in the regulatory landscape following the 2008 financial crisis led to an unprecedented level of disruption and created substantial investment opportunities in the financial services sector.
Jeff Tuder serves as our CEO. He joined Atlas as an operating partner in September 2020. Previously, Mr. Tuder founded Tremson Capital Management, LLC, to invest in undervalued public equities and to make private equity and credit investments in partnership with a number of family offices. Mr. Tuder began his career as a private equity professional at Fortress Investment Group. He earned a B.A. in English literature from Yale.
(Note: Concord Acquisition Corp. upsized its SPAC IPO at pricing on Dec. 7, 2020, to 24 million units, up from its previously downsized terms of 20 million units, at $10 each to raise $240 million. Concord Acquisition had cut the size of its IPO by 20 percent to 20 million units, down from 25 million units, at $10 each in an SEC filing on Dec. 3, 2020.)
|Address||477 Madison Avenue New York, NY 10022|
|Phone Number||(212) 883-4330|
|View Prospectus:||Concord Acquisition Corp.|
|Revenues||$0 mil (last 12 months)|
|Net Income||$0 mil (last 12 months)|
|Price range||$10.00 - $10.00|
|Est. $ Volume||$240.0 mil|
|Manager / Joint Managers||Cowen|
|Expected To Trade:||12/8/2020|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|