Highbridge Capital Amends Concord Acquisition III Stake

TL;DR

**Highbridge Capital just updated its stake in Concord Acquisition Corp III; check their new position!**

AI Summary

Highbridge Capital Management, LLC, a Delaware-organized entity, filed an amended Schedule 13G/A on January 19, 2024, updating its beneficial ownership in Concord Acquisition Corp III's Class A Common Stock as of December 31, 2023. This filing indicates a change in their previously reported holdings, which is important for investors to track as it reflects a significant institutional investor's updated position in the company.

Why It Matters

This filing updates the public on a major institutional investor's position, signaling their current conviction (or lack thereof) in Concord Acquisition Corp III, which can influence other investors' perceptions and decisions.

Risk Assessment

Risk Level: low — This is a routine amendment to a beneficial ownership report, indicating a change in holdings rather than a new, unexpected event.

Analyst Insight

Investors should review the full SC 13G/A filing to understand the exact change in Highbridge Capital Management, LLC's beneficial ownership and consider how this institutional activity might align with their own investment thesis for Concord Acquisition Corp III.

Key Numbers

• 20607V106 — CUSIP Number (identifies Concord Acquisition Corp III's Class A Common Stock)
• $0.0001 — par value per share (par value of Concord Acquisition Corp III's Class A Common Stock)

Key Players & Entities

• Highbridge Capital Management, LLC (company) — the reporting person filing the SC 13G/A
• Concord Acquisition Corp III (company) — the issuer whose Class A Common Stock is being reported
• State of Delaware (company) — place of organization for Highbridge Capital Management, LLC
• December 31, 2023 (date) — date of event requiring the filing
• January 19, 2024 (date) — date the SC 13G/A was filed

Forward-Looking Statements

• Highbridge Capital Management, LLC will continue to adjust its position in Concord Acquisition Corp III based on market conditions and the SPAC's progress towards a business combination. (Highbridge Capital Management, LLC) — medium confidence, target: Q2 2024

FAQ

Key Financial Figures

• $0.0001 — suer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securitie

Filing Documents

• p24-0166sc13ga.htm (SC 13G/A) — 45KB
• 0000902664-24-000410.txt ( ) — 47KB

(a)

Item 1(a). NAME OF ISSUER: The name of the issuer is Concord Acquisition Corp III (the " Company ").

(b)

Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: The Company's principal executive offices are located at 477 Madison Avenue, New York, NY 10022.

(a)

Item 2(a). NAME OF PERSON FILING: This statement is filed by Highbridge Capital Management, LLC (" Highbridge " or the " Reporting Person "), a Delaware limited liability company and the investment adviser to certain funds and accounts (the " Highbridge Funds "), with respect to the shares of Class A Common Stock (as defined in Item 2(d) below) that were directly held by the Highbridge Funds.

(b)

Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address of the business office of Reporting Person is 277 Park Avenue, 23rd Floor, New York, New York 10172.

(c)

Item 2(c). CITIZENSHIP: Highbridge is a Delaware limited liability company.

(d)

Item 2(d). TITLE OF CLASS OF SECURITIES: Class A Common Stock, par value $0.0001 per share (the " Class A Common Stock ").

(e)

Item 2(e). CUSIP NUMBER: 20607V106 Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a) ¨ Broker or dealer registered under Section 15 of the Act, (b) ¨ Bank as defined in Section 3(a)(6) of the Act, (c) ¨ Insurance Company as defined in Section 3(a)(19) of the Act, (d) ¨ Investment Company registered under Section 8 of the Investment Company Act of 1940, (e) x An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E), (f) ¨ Employee Benefit Plan or Endowment Fund in accordance with Rule 13d1(b)(1)(ii)(F), CUSIP No. 20607V106 13G/A Page 4 of 6 Pages (g) ¨ Parent Holding Company or control person in accordance with Rule 13d1(b)(1)(ii)(G), (h) ¨ Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act, (i) ¨ A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act, (j) ¨ A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), (k) ¨ Group, in accordance with Rule 13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: Item 4. The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page of the Reporting Person and is incorporated herein by reference. Item 5. If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following: ý Item 6. Not applicable. Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: Not

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. DATED: January 19, 2024 HIGHBRIDGE CAPITAL MANAGEMENT, LLC By: /s/ Kirk Rule Name: Kirk Rule Title: Executive Director

View Full Filing

View this SC 13G/A filing on SEC EDGAR