Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
GCT Semiconductor Holding, Inc.: Extended the date by which the company must consummate a business combination from November 8, 2023 to August 8, 2024 (effective 2023-11-07).
- Change
- charter amendment
- Effective
- 2023-11-07
Exact text from the filing
the Company filed an amendment to its amended and restated certificate of incorporation, as amended, with the Delaware Secretary of State on November 7, 2023 (the “Charter Amendment”), to extend the date by which the Company has to consummate a business combination from November 8, 2023 to August 8, 2024
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.7
GCT Semiconductor Holding, Inc. entered into Non-Redemption Agreements with certain holders of the Company’s Class A common stock valued at an aggregate of 782,001 shares of Class A common stock (effective 2023-11-08).
- Action
- entry
- Counterparty
- certain holders of the Company’s Class A common stock
- Value
- an aggregate of 782,001 shares of Class A common stock
- Effective
- 2023-11-08
Exact text from the filing
the “Company”) and Concord Sponsor Group III LLC (the "Sponsor") entered into non-redemption agreements (“Non-Redemption Agreements”), the form of which was previously disclosed, with certain holders of the Company’s Class A common stock, par value $0.0001 per share (the “Class A common stock”) in exchange for them agreeing not to redeem shares of Class A common stock sold in the Company’s initial public offering (“Non-Redeemed Shares”) at the special meeting called by the Company (the “Special Meeting”) to approve an extension of time for the Company to consummate an initial business combination from November 8, 2023 (the “Termination Date”) to August 8, 2024, or such earlier date as may be determined by the Company’s board of directors (the “Extension” and such later date, the “Extended Date”).
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
GCT Semiconductor Holding, Inc. shareholders approved Approval of Charter Amendment to extend the date by which the Company has to consummate a business combination from the Termination Date to the Extended Date at the 2023-11-07 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2023-11-07
Exact text from the filing
The stockholders approved the Charter Amendment to extend the date by which the Company has to consummate a business combination from the Termination Date to the Extended Date. The voting results were as follows: FOR AGAINST ABSTAIN BROKER NON- VOTES 12,272,538 309,973 0 N/A
View on SEC.gov