Events.com To Go Public Through Combination With Concord Acquisition Corp II; Plans To Trade Under The Reserved "RSVP" Ticker
Portfolio Pulse from Benzinga Newsdesk
Events.com is set to go public through a merger with Concord Acquisition Corp II, valuing Events.com at a pre-money equity value of $314 million.
August 27, 2024 | 11:11 am
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Concord Acquisition Corp II is merging with Events.com, which will take Events.com public. The transaction values Events.com at $314 million pre-money.
The merger with Events.com is a significant event for CNDA as it will result in Events.com going public. This type of transaction typically leads to increased investor interest and potential stock price appreciation for the SPAC involved.
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IMPORTANCE 80
RELEVANCE 100