<span item_type="fundamental" item_id="7833fe168611f0930a39402cb4187ac1" counter_id="ST/US/CNDA" env="prod"></span><span item_type="announcement" item_id="513209926229499777" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD -0.12.</p><p></p><h3>Segment Revenue</h3><ul><li>Concord Acquisition Corp II has not commenced any operations and therefore has not generated any operating revenues as of March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851959/000141057825001078/cnda-20250331x10q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Operating costs for the three months ended March 31, 2025, were $474,341, compared to $345,251 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851959/000141057825001078/cnda-20250331x10q.htm"></span></li><li>Loss from operations for the three months ended March 31, 2025, was - $474,341, compared to - $345,251 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851959/000141057825001078/cnda-20250331x10q.htm"></span></li><li>Net loss for the three months ended March 31, 2025, was - $990,974, compared to net income of $689,518 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851959/000141057825001078/cnda-20250331x10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash used in operating activities for the three months ended March 31, 2025, was - $690,796, compared to - $288,657 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851959/000141057825001078/cnda-20250331x10q.htm"></span></li><li>Net cash provided by investing activities for the three months ended March 31, 2025, was $23,828,025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851959/000141057825001078/cnda-20250331x10q.htm"></span></li><li>Net cash used in financing activities for the three months ended March 31, 2025, was - $23,540,518.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851959/000141057825001078/cnda-20250331x10q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>The change in fair value of the Capital Contribution Note for the three months ended March 31, 2025, was $843,902.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851959/000141057825001078/cnda-20250331x10q.htm"></span></li><li>The change in fair value of warrant liability for the three months ended March 31, 2025, was - $1,473,658.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851959/000141057825001078/cnda-20250331x10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li>Concord Acquisition Corp II is focused on effecting a merger or similar business combination with one or more businesses. The company has entered into a Merger Agreement with Events.com, Inc., which is expected to be consummated after receipt of required approvals and satisfaction of customary conditions.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851959/000141057825001078/cnda-20250331x10q.htm"></span></li><li>The company has extended the date by which it has to consummate a Business Combination to December 31, 2025, or such earlier date as may be determined by the board of directors.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851959/000141057825001078/cnda-20250331x10q.htm"></span></li><li>The company is cooperating to raise capital for Events.com through the sale of equity securities or securities convertible into equity securities as part of the Interim Financing.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1851959/000141057825001078/cnda-20250331x10q.htm"></span></li></ul>

Concord Acquisition II | 10-Q: FY2025 Q1 EPS: USD -0.12