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Events.com Plans to Go Public Via Merger With Concord Acquisition Corp II
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Events.com Plans to Go Public Via Merger With Concord Acquisition Corp II
Aug 29, 2024 2:57 AM

08:01 AM EDT, 08/27/2024 (MT Newswires) -- Events.com is going public through business combination with blank-check firm Concord Acquisition Corp II ( CNDA ) , the two companies said Tuesday.

The business combination is subject to customary closing conditions. The combined firm expects to trade under the ticker symbol RSVP.

The proposed deal values the company at $434 million equity value at closing.

Net proceeds from the deal will be used to expand the business and improve its online platform.

Price: 10.48, Change: -0.02, Percent Change: -0.19

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