20607V114

Concord Acquisition Corp III

Could not find a ticker for this position, may be a filing error

A special purpose acquisition company, or SPAC — a "blank check" firm that raises money through an initial public offering with the sole job of merging with a private business to take it public. Incorporated in Delaware in 2021 under the sponsorship of Atlas Merchant Capital, the firm founded by former Barclays CEO Bob Diamond, it completed its mission in March 2024 by merging with GCT Semiconductor, a designer of 5G and 4G LTE chips, which then began trading on the New York Stock Exchange under the ticker GCTS.

Warrant exercisable for one share of Class A Common Stock at 1.50