secwatch.observer — SEC 8-K summary
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Issuer:     GCT Semiconductor Holding, Inc. (GCTS)
CIK:        0001851961
Form:       8-K
Filed at:   2021-11-15T23:59:59+00:00
Accession:  0001104659-21-139256
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Concord Acquisition Corp III completes $345M IPO, deposits $351.9M in trust
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- Sold 34.5M units at $10 each, including full over-allotment exercise, gross $345M.
- Private placement of 9.4M warrants at $1 each raised $9.4M; sponsor loans of $6.9M convertible to warrants.
- Net proceeds of $351.9M placed in trust account for future business combination.
- Audited balance sheet shows $354.8M total assets, $48.6M liabilities, $351.9M redeemable stock.
- Company has 18 months (up to 24) to complete business combination or liquidate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1851961/000110465921139256/0001104659-21-139256-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1851961/000110465921139256/tm2132193d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-139256

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