Karen A. Abesamis

Nov 3, 2023 | morganlewis.com | E. Park |Albert Lung |Karen A. Abesamis |Mathew Lewis |Christopher Ronne |Lixin Lin | +6 more

SILICON VALLEY, NEW YORK, November 3, 2023: Morgan Lewis is representing GCT Semiconductor Inc. in a definitive business combination agreement with Concord Acquisition Corp III. Upon closing, GCT will become a publicly traded company operating as GCT Semiconductor Holding, Inc. The proposed transaction values GCT at an initial enterprise value of approximately $461 million, with a total pro forma enterprise value of $661 million.