{"url_path":"/sec/cndaw/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/1851959/0001104659-26-060465-index.html","accession_number":"0001104659-26-060465","cik":"0001851959","ticker":"CNDA","issuer_name":"Concord Acquisition Corp II","edgar_url":"https://www.sec.gov/Archives/edgar/data/1851959/0001104659-26-060465-index.html","primary_entity_key":"0001851959","primary_entity_name":"Concord Acquisition Corp II"},"word_count":755,"has_tables":true,"body_markdown":"Concord Acquisition Corp 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of Contents](#TOC)\n\n​\n\n​\n\n**UNITED STATES**\n\n**SECURITIES AND EXCHANGE COMMISSION**\n\n**Washington, D.C. 20549**\n\n**FORM ****10-Q**\n\n**☒********QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n**For the quarterly period ended****March 31, 2026**\n\n**OR**\n\n**☐********TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n**For the transition period from                  to**\n\n**Concord Acquisition Corp II**\n\n**(Exact name of registrant as specified in its charter)**\n\n**Delaware**\n\n  ​ ​ ​\n\n**001-40773**\n\n**  ​ ​ ​**\n\n**86-2171101**\n\n**(State or other jurisdiction of********incorporation or organization)**\n\n​\n\n**(Commission File Number)**\n\n​\n\n**(I.R.S. Employer********Identification Number)**\n\n​\n\n**477 Madison Avenue**\n\n  ​ ​ ​\n\n​\n\n**New York****,****NY**\n\n​\n\n**10022**\n\n**(Address of principal executive offices)**\n\n​\n\n**(Zip Code)**\n\n​\n\n**Registrant’s telephone number, including area code: (****212****)****883-4330**\n\n​\n\n**Not Applicable**\n\n​\n\n**(Former name or former address, if changed since last report)**\n\n​\n\n**Securities registered pursuant to Section 12(b) of the Act:**\n\n**Title of Each Class:**\n\n**  ​ ​ ​**\n\n**Trading********Symbol:**\n\n**  ​ ​ ​**\n\n**Name of Each Exchange on********Which Registered:**\n\n**Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant**\n\n​\n\n**CNDAU**\n\n​\n\n**OTCID**\n\n**Class A common stock, par value $0.0001 per share**\n\n​\n\n**CNDA**\n\n​\n\n**OTCID**\n\n**Redeemable warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50**\n\n​\n\n**CNDAW**\n\n​\n\n**OTCQB**\n\n​\n\nIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒  No ☐\n\n​\n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒  No ☐\n\n​\n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n​\n\nLarge accelerated filer\n\n☐\n\n​\n\nAccelerated filer\n\n☐\n\nNon-accelerated filer\n\n☒\n\n​\n\nSmaller reporting company\n\n☒\n\nEmerging growth company\n\n☒\n\n​\n\n​\n\n​\n\n​\n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\n​\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☒  No ☐\n\n​\n\nAs of May 11, 2026, there were 8,550 shares of Class A common stock, par value $0.0001 per share, and 7,002,438 shares of Class B common stock, par value $0.0001 per share, issued and outstanding.\n\n​\n\n​\n\n​\n\n​\n\n[Table of Contents](#TOC)\n\nCONCORD ACQUISITION CORP II\n\nQUARTERLY REPORT ON FORM 10-Q\n\nTable of Contents\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n**PAGE**\n\n​\n\n​\n\n​\n\n[**PART I. FINANCIAL INFORMATION**](#PARTIFINANCIALINFORMATION_431072)\n\n1\n\n​\n\n​\n\n​\n\n[Item 1.](#ItemIFinancialStatementsUnaudited_408498)\n\n[Condensed Consolidated Financial Statements](#ItemIFinancialStatementsUnaudited_408498)\n\n1\n\n​\n\n​\n\n​\n\n​\n\n[Condensed Consolidated Balance Sheets](#BalanceSheet)\n\n1\n\n​\n\n​\n\n​\n\n​\n\n[Condensed Consolidated Statements of Operations (Unaudited)](#StatementofOperations)\n\n2\n\n​\n\n​\n\n​\n\n​\n\n[Condensed Consolidated Statements of Changes in Stockholders’ Deficit (Unaudited)](#CONDENSEDSTATEMENTSOFCHANGESINSTOCKHOLDE)\n\n3\n\n​\n\n​\n\n​\n\n​\n\n[Condensed Consolidated Statements of Cash Flows (Unaudited)](#StatementofCashFlows)\n\n4\n\n​\n\n​\n\n​\n\n​\n\n[Notes to Condensed Consolidated Financial Statements (Unaudited)](#NOTESTOFINANCIALSTATEMENTS)\n\n5\n\n​\n\n​\n\n​\n\n[Item 2.](#Item2ManagementsDiscussionandAnalysisofF)\n\n[Management’s Discussion and Analysis of Financial Condition and Results of Operations](#Item2ManagementsDiscussionandAnalysisofF)\n\n29\n\n​\n\n​\n\n​\n\n[Item 3.](#Item3QuantitativeandQualitativeDisclosur)\n\n[Quantitative and Qualitative Disclosures About Market Risk](#Item3QuantitativeandQualitativeDisclosur)\n\n34\n\n​\n\n​\n\n​\n\n[Item 4.](#ControlsandProcedures)\n\n[Controls and Procedures](#ControlsandProcedures)\n\n34\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n[**PART II. OTHER INFORMATION**](#PARTIIOTHERINFORMATION_633659)\n\n35\n\n​\n\n​\n\n​\n\n[Item 1.](#Item1LegalProceedings_285089)\n\n[Legal Proceedings](#Item1LegalProceedings_285089)\n\n35\n\n​\n\n​\n\n​\n\n[Item 1A.](#Item1ARiskFactors_322965)\n\n[Risk Factors](#Item1ARiskFactors_322965)\n\n35\n\n​\n\n​\n\n​\n\n[Item 2.](#Item2UnregisteredSalesofEquitySecurities)\n\n[Unregistered Sales of Equity Securities and Use of Proceeds](#Item2UnregisteredSalesofEquitySecurities)\n\n35\n\n​\n\n​\n\n​\n\n[Item 3.](#Item3DefaultsUponSeniorSecurities_421624)\n\n[Defaults Upon Senior Securities](#Item3DefaultsUponSeniorSecurities_421624)\n\n36\n\n​\n\n​\n\n​\n\n[Item 4.](#Item4MineSafetyDisclosures_667374)\n\n[Mine Safety Disclosures](#Item4MineSafetyDisclosures_667374)\n\n36\n\n​\n\n​\n\n​\n\n[Item 5.](#Item5OtherInformation_17925)\n\n[Other Information](#Item5OtherInformation_17925)\n\n36\n\n​\n\n​\n\n​\n\n[Item 6.](#Item6Exhibits_129538)\n\n[Exhibits](#Item6Exhibits_129538)\n\n37\n\n​\n\n​\n\n​\n\ni\n\n[Table of Contents](#TOC)\n\nPART I. FINANCIAL INFORMATION"}