$CNDA

Concord Acquisition Corp II

CIK:0001851959|SEC Filings

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2025	Jun. 30, 2025
Operating costs	$ 358,705	$ 833,046
Loss from operations	(358,705)	(833,046)
Other income (expense):
Income from cash held in Trust Account	778	134,794
Change in fair value of Capital Contribution Note	779,421	1,623,323
Change in fair value of warrant liability	1,031,456	(442,202)
Total other income, net	1,811,655	1,315,915
Income before benefit from (provision for) income taxes	1,452,950	482,869
Benefit from (provision for) income taxes	67	(20,826)
Net income	$ 1,453,017	$ 462,043
Class A common stock subject to possible redemption
Other income (expense):
Basic, weighted average shares outstanding	8,550	771,425
Diluted, weighted average shares outstanding	8,550	771,425
Basic net income per share (in dollars per share)	$ 0.21	$ 0.06
Diluted net income per share (in dollars per share)	$ 0.21	$ 0.06
Class B common stock
Other income (expense):
Basic, weighted average shares outstanding	7,002,438	7,002,438
Diluted, weighted average shares outstanding	7,002,438	7,002,438
Basic net income per share (in dollars per share)	$ 0.21	$ 0.06
Diluted net income per share (in dollars per share)	$ 0.21	$ 0.06

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Cash flows from operating activities:
Net income			$ 1,060,297	$ 462,043
Adjustments to reconcile net income to net cash used in operating activities:
Income from cash held in Trust Account	$ (617)	$ (778)	(1,224)	(134,794)
Changes in fair value of Capital Contribution Note	(487,586)	(779,421)	(974,078)	(1,623,323)
Changes in fair value of warrant liability	(717,734)	(1,031,456)	(456,874)	442,202
Changes in operating assets and liabilities:
Prepaid expenses			(50,173)	(115,041)
Excise tax payable			268,155	(80,321)
Due to related party			120,213	120,138
Accrued income and other taxes			(3,600)	826
Accounts payable and accrued expenses			(36,012)	123,287
Net cash used in operating activities			(73,296)	(804,983)
Cash Flows from Investing Activities:
Cash withdrawn from Trust Account in connection with redemptions				23,765,518
Amounts withdrawn from Trust Account to pay taxes				62,507
Net cash provided by investing activities				23,828,025
Cash flows from financing activities:
Proceeds from Interim Financing				225,000
Redemption of Common Stock				(23,765,518)
Net cash used in financing activities				(23,540,518)
Net change in cash			(73,296)	(517,476)
Cash, beginning of the period			196,869	537,970
Cash, end of the period	$ 123,573	$ 20,494	123,573	20,494
Non-cash financing transactions:
Change in redemption value of shares subject to possible redemption			$ 776	78,346
Excise tax attributable to redemption of common stock				$ 237,655

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Assets
Cash	$ 123,573	$ 196,869
Prepaid income and other taxes	31,121	31,592
Prepaid expenses	76,179	26,006
Total Current Assets	230,873	254,467
Cash held in Trust Account	100,597	99,373
Total Assets	331,470	353,840
Liabilities and Stockholders' Deficit
Due to related party	$ 605,047	$ 484,834
Other Liability, Current, Related Party, Type [Extensible Enumeration]	Related Party [Member]	Related Party [Member]
Accrued income taxes		$ 4,071
Accounts payable and accrued expenses	$ 2,688,612	2,724,624
Excise tax payable	3,124,166	2,856,011
Total Current Liabilities	6,417,825	6,069,540
Warrant liability	147,379	604,253
Capital Contribution Note, at fair value	982,607	1,956,685
Deferred underwriter's commission	343,120	343,120
Total Liabilities	7,890,931	8,973,598
Commitments and Contingencies
Stockholders' Deficit:
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; 0 shares issued and outstanding
Accumulated deficit	(7,686,230)	(8,747,303)
Total Stockholders' Deficit	(7,685,530)	(8,746,603)
Total Liabilities and Stockholders' Deficit	331,470	353,840
Common stock subject to possible redemption
Liabilities and Stockholders' Deficit
Class A common stock subject to possible redemption, 8,550 shares at redemption value of $14.74 and $14.84 at June 30, 2026 and December 31, 2025, respectively	126,069	126,845
Common stock not subject to possible redemption
Stockholders' Deficit:
Common stock
Class B common stock
Stockholders' Deficit:
Common stock	$ 700	$ 700