{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-117214","form_type":"8-K","ticker":"GCTS","cik":"0001851961","company_name":"GCT Semiconductor Holding, Inc.","filed_at":"2023-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.057412+00:00","generated_at":"2026-06-08T05:30:49.466342+00:00","sec_items":["1.01","5.03","5.07","8.01","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Concord Acquisition Corp III shareholders approve extension to August 2024","bullets":["Approved charter amendment extending business combination deadline from Nov 8, 2023 to Aug 8, 2024.","Entered non-redemption agreements for 782,001 promote shares in exchange for holders not redeeming.","98,573 shares redeemed for ~$1.1M; trust balance remains ~$42.2M after redemption.","Sponsor expected to convert all or substantially all Class B common stock into Class A common stock."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-117214","json":"https://secwatch.observer/filing/0001104659-23-117214.json","markdown":"https://secwatch.observer/filing/0001104659-23-117214.md","text":"https://secwatch.observer/filing/0001104659-23-117214.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1851961/000110465923117214/0001104659-23-117214-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1851961/000110465923117214/tm2330518d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T05:30:49.466342+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c5c057d3d141a855cfb9b598495070c939bf2bad","claim":"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).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1851961/000110465923117214/0001104659-23-117214-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-11-07"}],"fact_type":"governance_change"},{"claim_id":"8501c5750be27bcf2f275447a2f90755a620c709","claim":"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).","evidence_excerpt":"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”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1851961/000110465923117214/0001104659-23-117214-index.htm","confidence":0.7,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"certain holders of the Company’s Class A common stock"},{"label":"Value","value":"an aggregate of 782,001 shares of Class A common stock"},{"label":"Effective","value":"2023-11-08"}],"fact_type":"material_agreement"},{"claim_id":"96038c7f3863c374db228afd46d051a837764c65","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1851961/000110465923117214/0001104659-23-117214-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"charter amendment"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-11-07"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}