Harraden Circle Investors Amends Concord Acquisition Corp II Stake
Ticker: CNDAW · Form: SC 13G/A · Filed: Jan 31, 2024 · CIK: 1851959
| Field | Detail |
|---|---|
| Company | Concord Acquisition CORP II (CNDAW) |
| Form Type | SC 13G/A |
| Filed Date | Jan 31, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, spac, passive-investing
TL;DR
**Harraden Circle Investors updated their stake in Concord Acquisition Corp II as of Dec 31, 2023.**
AI Summary
Harraden Circle Investors, LP, along with its affiliates Harraden Circle Investors GP, LP, Harraden Circle Investors GP, LLC, and Frederick V. Fortmiller, Jr., filed an amended SC 13G/A on January 31, 2024, for their holdings in Concord Acquisition Corp. II (NASDAQ: CNDA). This filing indicates a change in their beneficial ownership of Class A Common Stock, par value $0.0001 per share, as of December 31, 2023. This matters to investors because it provides transparency into significant institutional ownership changes, which can influence stock perception and liquidity.
Why It Matters
Changes in institutional ownership can signal shifts in confidence or strategy regarding a company, potentially impacting its stock price and investor sentiment.
Risk Assessment
Risk Level: low — This filing is an amendment to a passive ownership report, indicating no immediate high-risk actions or significant new developments.
Analyst Insight
Investors should note this filing as a routine update from a significant shareholder. While it doesn't signal an immediate buy/sell, it's a data point for tracking institutional interest in Concord Acquisition Corp. II. Further analysis would require comparing the current ownership percentage (not provided in this snippet) to previous filings to determine if the stake increased or decreased.
Key Players & Entities
- Harraden Circle Investors, LP (company) — reporting person
- Concord Acquisition Corp. II (company) — subject company
- Frederick V. Fortmiller, Jr. (person) — group member
- Harraden Circle Investors GP, LLC (company) — group member
- Harraden Circle Investors GP, LP (company) — group member
- $0.0001 (dollar_amount) — par value per share of Class A Common Stock
FAQ
What is the purpose of an SC 13G/A filing?
An SC 13G/A is an amendment to a Schedule 13G, which is filed by passive investors who own 5% or more of a company's stock. The 'A' indicates it's an amendment to a previously filed statement, updating information such as ownership percentages or group members, as seen in this filing by Harraden Circle Investors, LP for Concord Acquisition Corp. II.
Who are the reporting persons and group members in this filing?
The primary reporting person is Harraden Circle Investors, LP. The group members associated with this filing are Frederick V. Fortmiller, Jr., Harraden Circle Investors GP, LLC, and Harraden Circle Investors GP, LP, as listed under 'GROUP MEMBERS' in the filing header.
What is the CUSIP number for Concord Acquisition Corp. II's Class A Common Stock?
The CUSIP number for Concord Acquisition Corp. II's Class A Common Stock, par value $0.0001 per share, is 20607U108, as stated on the cover page of the Schedule 13G.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as specified on the cover page of the SC 13G/A filing.
Under which rule was this Schedule 13G/A filed?
This Schedule 13G/A was filed under Rule 13d-1(c), indicated by the checked box on the cover page of the filing.
Filing Stats: 1,577 words · 6 min read · ~5 pages · Grade level 10.9 · Accepted 2024-01-31 06:50:57
Key Financial Figures
- $0.0001 — suer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securiti
Filing Documents
- d700535dsc13ga.htm (SC 13G/A) — 96KB
- d700535dex991.htm (EX-99.1) — 7KB
- 0001193125-24-020197.txt ( ) — 104KB
From the Filing
SC 13G/A 1 d700535dsc13ga.htm SC 13G/A SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* Concord Acquisition Corp. II (Name of Issuer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securities) 20607U108 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Continued on following pages Page 1 of 11 Pages Exhibit Index: 10 Page SCHEDULE 13G CUSIP No. 20607U108 Page 2 of 11 Pages 1 NAMES OF REPORTING PERSONS Harraden Circle Investors, LP 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)(b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 0 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN (1) See Item 4 below. This constitutes an exit filing for the Reporting Person. SCHEDULE 13G CUSIP No. 20607U108 Page 3 of 11 Pages 1 NAMES OF REPORTING PERSONS Harraden Circle Investors GP, LP 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)(b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 0 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN, HC (1) See Item 4 below. This constitutes an exit filing for the Reporting Person. SCHEDULE 13G CUSIP No. 20607U108 Page 4 of 11 Pages 1 NAMES OF REPORTING PERSONS Harraden Circle Investors GP, LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)(b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 0 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO, HC (1) See Item 4 below. This constitutes an exit filing for the Reporting Person. SCHEDULE 13G CUSIP No. 20607U108 Page 5 of 11 Pages 1 NAMES OF REPORTING PERSONS Harraden Circle Investments, LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)(b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 0 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO, HC, IA (1) See Item 4 below. This constitutes an exit filing for the Reporting Person. SCHEDULE 13G CUSIP No. 20607U108 Page 6 of 11 Pages 1 NAMES OF REPORTING PERSONS Frederick V. Fortmiller, Jr. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)(b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 0 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 0 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY E