---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-112623"
form_type: "8-K"
ticker: "GCTS"
cik: "0001851961"
company_name: "GCT Semiconductor Holding, Inc."
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T06:14:11.749289+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Concord Acquisition III plans non-redemption deals; Sponsor to convert 8.6M Class B shares for extension

## Summary
- Special meeting to approve charter amendment extending business combination deadline to Aug 8, 2024.
- Non-redemption agreements: stockholders forego redemption for Promote Shares; Sponsor forfeits equal Class B shares.
- Sponsor to convert 8,625,000 Class B shares into Class A common stock upon extension approval.
- Agreements aim to reduce redemptions, preserving trust account funds, but do not guarantee extension approval.
- Actual terms may differ; no assurance any incentives will be offered.

## SEC filing metadata
- accession: 0001104659-23-112623
- form_type: 8-K
- ticker: GCTS
- cik: 0001851961
- company_name: GCT Semiconductor Holding, Inc.
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1851961/000110465923112623/0001104659-23-112623-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1851961/000110465923112623/tm2329416d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-112623
- JSON: https://secwatch.observer/filing/0001104659-23-112623.json
- Plain text: https://secwatch.observer/filing/0001104659-23-112623.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.