diff --git a/implementation/src/main/java/io/smallrye/mutiny/operators/multi/MultiConcatMapOp.java b/implementation/src/main/java/io/smallrye/mutiny/operators/multi/MultiConcatMapOp.java
index ef925be53..6c6812659 100644
--- a/implementation/src/main/java/io/smallrye/mutiny/operators/multi/MultiConcatMapOp.java
+++ b/implementation/src/main/java/io/smallrye/mutiny/operators/multi/MultiConcatMapOp.java
@@ -69,7 +69,8 @@ private enum State {
         private volatile State state = State.INIT;
         private volatile Subscription upstream;
         private Subscription currentUpstream;
-        private boolean upstreamHasCompleted = false;
+        private volatile boolean upstreamHasCompleted = false;
+        private volatile boolean innerHasCompleted = false;
         private Throwable failure;
 
         private static final AtomicReferenceFieldUpdater<ConcatMapSubscriber, Subscription> UPSTREAM_UPDATER = AtomicReferenceFieldUpdater
@@ -153,7 +154,8 @@ public void onCompletion() {
             }
             upstreamHasCompleted = true;
             if (STATE_UPDATER.compareAndSet(this, State.WAITING_NEXT_PUBLISHER, State.CANCELLED)
-                    || STATE_UPDATER.compareAndSet(this, State.INIT, State.CANCELLED)) {
+                    || STATE_UPDATER.compareAndSet(this, State.INIT, State.CANCELLED)
+                    || innerHasCompleted) {
                 if (failure == null) {
                     downstream.onCompletion();
                 } else {
@@ -205,11 +207,11 @@ public void onSubscribe(Subscription subscription) {
                 if (state == State.CANCELLED) {
                     return;
                 }
+                innerHasCompleted = false;
                 currentUpstream = subscription;
                 state = State.EMITTING;
-                long pending = demand;
-                if (pending > 0L) {
-                    currentUpstream.request(pending);
+                if (demand > 0L) {
+                    currentUpstream.request(demand);
                 }
             }
 
@@ -243,6 +245,7 @@ public void onCompletion() {
                 if (state == State.CANCELLED) {
                     return;
                 }
+                innerHasCompleted = true;
                 if (!upstreamHasCompleted) {
                     state = State.WAITING_NEXT_PUBLISHER;
                     if (demand > 0L) {