GCT Semiconductor Enters Material Definitive Agreement
Ticker: GCTS-WT · Form: 8-K · Filed: Sep 11, 2025 · CIK: 1851961
| Field | Detail |
|---|---|
| Company | Gct Semiconductor Holding, Inc. (GCTS-WT) |
| Form Type | 8-K |
| Filed Date | Sep 11, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50, $10.7 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
GCT Semiconductor just signed a big deal, expect financial moves.
AI Summary
On September 10, 2025, GCT Semiconductor Holding, Inc. entered into a material definitive agreement, creating a direct financial obligation. The company, formerly Concord Acquisition Corp III, is incorporated in Delaware and headquartered in San Jose, California.
Why It Matters
This filing indicates a significant new financial commitment or obligation for GCT Semiconductor Holding, Inc., which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Entering into a material definitive agreement often involves significant financial commitments or obligations that carry inherent risks.
Key Players & Entities
- GCT Semiconductor Holding, Inc. (company) — Registrant
- Concord Acquisition Corp III (company) — Former Company Name
- September 10, 2025 (date) — Date of Earliest Event Reported
- Delaware (jurisdiction) — State of Incorporation
- San Jose, CA (location) — Principal Executive Offices
FAQ
What type of material definitive agreement did GCT Semiconductor Holding, Inc. enter into?
The filing states that GCT Semiconductor Holding, Inc. entered into a material definitive agreement, but the specific details of the agreement are not provided in this excerpt.
What is the nature of the direct financial obligation created by this agreement?
The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specifics of this obligation are not detailed in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on September 10, 2025.
What was GCT Semiconductor Holding, Inc. formerly known as?
GCT Semiconductor Holding, Inc. was formerly known as Concord Acquisition Corp III.
Where are GCT Semiconductor Holding, Inc.'s principal executive offices located?
GCT Semiconductor Holding, Inc.'s principal executive offices are located at 2290 North 1st Street, Suite 201, San Jose, CA 95131.
Filing Stats: 585 words · 2 min read · ~2 pages · Grade level 9.6 · Accepted 2025-09-11 08:44:26
Key Financial Figures
- $0.0001 — ich registered Common Stock, par value $0.0001 per share GCTS NYSE Warrants, eac
- $11.50 — sable for one share of Common Stock for $11.50 per share GCTS.WS NYSE Indicate b
- $10.7 million — South Korean Won (or approximately USD $10.7 million) (the "September Loan"). The September
Filing Documents
- form8k.htm (8-K) — 30KB
- exhibit99-1.htm (EX-99.1) — 14KB
- gct_logo.jpg (GRAPHIC) — 8KB
- 0000929638-25-003426.txt ( ) — 219KB
- gcts-20250910.xsd (EX-101.SCH) — 4KB
- gcts-20250910_def.xml (EX-101.DEF) — 17KB
- gcts-20250910_lab.xml (EX-101.LAB) — 26KB
- gcts-20250910_pre.xml (EX-101.PRE) — 19KB
- form8k_htm.xml (XML) — 6KB
01
Item 8.01. Other Events. On September 11, 2025, the Company issued a press release announcing the September Loan Agreement. A copy of the press release attached hereto as Exhibit 99.1 and is incorporated herein by reference. Item9.01.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press Release, dated September 11, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GCT SEMICONDUCTOR HOLDING, INC. Date: September 11, 2025 By: /s/ Edmond Cheng Name: Edmond Cheng Title: Chief Financial Officer