<span item_type="fundamental" item_id="7833fe168611f0930a39402cb4187ac1" counter_id="ST/US/CNDAW" env="prod"></span><span item_type="announcement" item_id="513209926263053569" 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>The company has not commenced any operations and will not generate operating revenues until after the completion of its initial Business Combination.<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 company has an excise tax liability of $2,516,676 inclusive of $66,299 in interest and penalties, net of payments of $475,000.<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>The company intends to consummate a Business Combination on or before December 31, 2025, or during any Extension Period.<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 proposed Business Combination with Events.com is expected to be consummated after receipt of the required approvals by the stockholders of the Company and shareholders of Events.com and the satisfaction or waiver of certain other 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 entered into agreements 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 CORP II C/WTS (TO PUR COM) | 10-Q: FY2025 Q1 EPS: USD -0.12