GCT Semiconductor And Concord Acquisition Corp III Announce Effectiveness Of Registration Statement On Form S-4
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GCT Semiconductor and Concord Acquisition Corp III (NYSE:CNDB) announced the SEC's approval of their Registration Statement for a proposed business combination. A special meeting for Concord's stockholders is set for February 27, 2024, to vote on the merger. Post-merger, the combined entity plans to list its shares and warrants on the NYSE under the symbols 'GCTS' and 'GCTSW', respectively, following the audit of GCT's 2023 financial statements.
February 15, 2024 | 9:18 pm
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Concord Acquisition Corp III (NYSE:CNDB) has received SEC approval for its Registration Statement regarding the merger with GCT Semiconductor. A stockholders' meeting is scheduled for February 27, 2024, to vote on the merger.
The SEC's approval of the Registration Statement is a critical regulatory step towards completing the merger, indicating progress and potentially positive investor sentiment. The scheduled stockholders' meeting for the vote further solidifies the merger's timeline, likely boosting confidence among investors in CNDB's future growth prospects through the merger.
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