GCT Semiconductor Becomes a Publicly Traded Company After Completing Business Combination with Concord Acquisition Corp III, Will Commence Trading on NYSE Under Ticker Symbol "GCTS" [Yahoo...
Concord Acquisition Corp III Class A (CNDB)
Company Research
Source: Yahoo! Finance
Pro forma valuation of GCT of up to approximately $667 million, which includes up to 20.6 million performance-based earnout shares Transaction provided GCT approximately $50 million of gross proceeds to finalize development of a full-band 5G chipset portfolio as well as for expansion into new markets Approximately $49 million has been funded via fully committed PIPE and convertible note financing from both existing and new investors of GCT All GCT existing stockholders retained their equity holdings through GCT's transition into the publicly listed company and substantially all outstanding convertible notes will convert into common stock at closing SAN JOSE, Calif. & NEW YORK, March 26, 2024 BUSINESS WIRE )--GCT Semiconductor, Inc. ("GCT Semiconductor" or "GCT"), a leading fabless designer and supplier of advanced LTE, IoT and 5G semiconductor solutions, is pleased to announce the completion of its business combination, previously announced on November 3, 2023 with Concord Ac
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News
- GCT Semiconductor Becomes a Publicly Traded Company After Completing Business Combination with Concord Acquisition Corp III, Will Commence Trading on NYSE Under Ticker Symbol "GCTS"Business Wire
- GCT Semiconductor Announces Appointment of Edmond Cheng as Chief Financial OfficerBusiness Wire
- GCT Semiconductor and Concord Acquisition Corp III Announce Effectiveness of Registration Statement on Form S-4 [Yahoo! Finance]Yahoo! Finance
- GCT Semiconductor and Concord Acquisition Corp III Announce Effectiveness of Registration Statement on Form S-4Business Wire
CNDB
Sec Filings
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- CNDB's page on the SEC website