Circle to Go Public Through a Business Combination With Concord Acquisition Corp, Supported by Over $1.1 Billion in Capital
– Circle to become public via a business combination with Concord Acquisition Corp (NYSE: CND), a publicly-traded special purpose acquisition corporation with $276 million in trust. – The transaction values Circle at $4.5 billion. Upon completion of the transaction, existing Circle shareholders will maintain approximately 86% ownership of the public......