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USDC issuer Circle terminates SPAC merger with Concord

bossDecember 5, 2022 Exchanges, News

Circle, the issuer of USD Coin (USDC), announced the mutual termination of its proposed merger with the special purpose acquisition company (SPAC) Concord Acquisition on Dec. 5. The deal was announced in July 2021 with a preliminary valuation of $4.5 billion and was then amended in February 2022 when Circle’s

Circle’s valuation doubles to $9B following revised merger agreement with Concord

bossFebruary 17, 2022 Exchanges, News

USD Coin (USDC) operator Circle has seen its valuation double to $9 billion after the company revised its merger agreement with Concord Acquisition Corp, a special purpose acquisition company (SPAC) founded in 2020.Circle announced Thursday that it had terminated its previous business combination terms with Concord and reached a new

Bitcoin Circles Concord cryptoexchange Doubles Exchanges Merger Revised Valuation Read More

Concord

USDC issuer Circle terminates SPAC merger with Concord

Circle’s valuation doubles to $9B following revised merger agreement with Concord

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