other material
confidence high
sentiment neutral
materiality 0.60
Concord Acquisition Corp III special meeting Nov 6 to extend deadline to Aug 2024; trust $43.3M (~$10.69/share)
GCT Semiconductor Holding, Inc.
- Special meeting on Nov 6, 2023 to approve extending business combination deadline from Nov 8, 2023 to Aug 8, 2024.
- Trust account held ~$43.3M as of Oct 27, 2023, yielding per-share pro rata value of ~$10.69.
- Definitive proxy statement filed Oct 13, 2023; stockholders can request copies from Morrow Sodali LLC.
- Interest earned on trust funds may be used to pay estimated taxes; amount may affect redemption price.