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Summary Cryptocurrency group Circle Internet Financial recently called off its merger with a special purpose acquisition company. Circle, which had a small stake in bankrupt crypto exchange FTX, probably didn’t belong on public markets given regulatory uncertainty and the difficu...
Circle Internet Financial (Circle) and Concord Acquisition Corp (NYSE: CND) , a special purpose acquisition company, announced the termination of their proposed business merger. The agreement was originally announced in July 2021 and amended in February 2022. ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Dmitry Demidovich/ShutterStock.com It’s rough going out there for special purpose acquisition companies (SPACs). Atop plummeting investor sentiment over SPACs themselves, regulators are starting to scrutinize...
Circle, the company that issues the USD Coin ( USDC ) stablecoin, has terminated its plans to go public via a special purpose acquisition deal with Concord Acquisition Corp ( NYSE:CND ). The stablecoin issuer said in an announcement on Monday that the Board of Directors of both Ci...
New York, New York, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Concord Acquisition Corp (NYSE: CND) (the “Company”) today announced that it will redeem all of its outstanding shares of Class A common stock (the “public shares”), effective as of the close of business on December...
Circle and Concord Acquisition Corp Mutually Agree to Terminate Proposed Business Combination PR Newswire BOSTON , Dec. 5, 2022 /PRNewswire/ -- Circle Internet Financial (Circle) and Concord Acquisition Corp (NYSE:CND), a publicly traded special purpose a...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips USD Coin ( USDC-USD ) is one of the most popular stablecoin offerings in the world. It underlies dozens upon dozens of exchanges, and it has managed to largely avoid many of the tumultuous situations its main com...
ARK Invest’s 13F portfolio value decreased from $23.96B to $16.91B this quarter. Coinbase Global, Roku, Shopify, and Ginkgo Bioworks were increased while decreasing Spotify, Ionis Pharma, Vertex Pharma, and Sea Limited. The top three positions are Tesla, Zoom Video, and Rok...
Circle is going public later this year through a SPAC merger with Concord Acquisition Corp. at a valuation of $9 billion. The company is providing an innovative payment infrastructure for businesses through its own USDC and APIs. The total addressable market for B2B crypto payment...
Concord Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination PR Newswire NEW YORK , June 7, 2022 /PRNewswire/ -- Concord Acquisition Corp (NYSE: CND) (the "Company") today announced that Circle Internet Financial L...
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Circle Internet Financial (Circle) and Concord Acquisition Corp (NYSE: CND) , a special purpose acquisition company, announced the termination of their proposed business merger. The agreement was originally announced in July 2021 and amended in February 2022. ...
Circle, the company that issues the USD Coin ( USDC ) stablecoin, has terminated its plans to go public via a special purpose acquisition deal with Concord Acquisition Corp ( NYSE:CND ). The stablecoin issuer said in an announcement on Monday that the Board of Directors of both Ci...