Concorde shares surge 22.22% intraday after merging with YOOV Group to create AI-driven security ecosystem.

Concorde International Group Ltd. surged 22.22% intraday, following its merger agreement with YOOV Group Holding Limited on February 3, 2026, valuing YOOV at $600 million. The transaction will integrate AIaaS automation solutions with security services to create an AI-driven security ecosystem. The company specializes in smart security services, offering monitoring and facility management through a technology-driven model, with the merger enhancing its AI capabilities and expanding customer reach.