Concord Acquisition Corp III
CNDB-UN
New York Stock Exchange12.00
USD
+0.50
- -
CIK
0001851961
Return %
Stock
S&P500
1Y
14.94
26.53
3Y
18.46
76.60
5Y
18.46
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Jeffrey M. Tuder
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 477 Madison Avenue New York City NY United States of America 10022
- IPO Date
- Nov 4, 2021
- CIK
- 0001851961
- Website
- concordacquisitioncorp.com
- Similar Companies
- Business
- Concord Acquisition Corp III (CNDB-UN) is a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Its core activities include identifying and evaluating potential acquisition targets, primarily in the technology, media, telecommunications, or consumer sectors; raising capital through an initial public offering of units comprising Class A ordinary shares, warrants, and rights; and holding proceeds in trust for distribution to public shareholders upon completion of an initial business combination or liquidation. The company offers no operational products or services beyond these SPAC functions, such as target sourcing, due diligence, negotiation of transaction structures, and post-merger integration support. Founded in 2022 and headquartered in Miami, Florida, Concord Acquisition Corp III operates principally in the United States, with flexibility to pursue targets globally in its specified industries. It targets mature businesses with strong growth potential, defensible market positions, and experienced management teams, serving as a public market alternative for private companies seeking liquidity without traditional IPO processes. The company has no subsidiaries or parent relationships disclosed, functioning as a standalone SPAC sponsored by affiliates of Concord Acquisition Group. In recent developments within the last two years, Concord Acquisition Corp III completed its initial public offering in October 2023, raising gross proceeds of approximately $230 million through 23 million units at $10.00 each, providing a strong cash position for pursuing business combinations. No major acquisitions, partnerships, funding rounds beyond the IPO, product launches, or strategic shifts have been publicly announced as of late 2025, with the company remaining in the target search phase amid a cooling SPAC market. It extended its deadline for completing an initial business combination multiple times, most recently to early 2026, reflecting ongoing operational adjustments to navigate market conditions.