This article covers a subject that was cut from the final version of a canonical source and appears in no other source. Cut content is not always canon, and thus should not be taken as such.
The title of this article is conjectural.
Although this article is based on canonical information, the actual name of this subject is pure conjecture.
The ship was modified with secret compartments. The extent of other changes from the base model was unknown, though it was a custom construction.
When a Sith Knight examined the ship, captured at Alderaan, he referred to it as "drift junk". Holdaack also expressed a belief that going into hyper-skip might cause it to fall apart.
When Han had a change of heart and entered the Battle of Yavin, the pirate ship was critically damaged after Darth Vader's starfighter executed a kamikaze run on it. The crew evacuated in a life pod and the ship was destroyed with the Death Star.
The ship was called the "Pirate ship" in the draft scripts and during visual development of Episode IV, acquiring the name Millennium Falcon later.
The ship was the conceptual forerunner of the Tantive IV, as Han's ship was changed to the now familiar disc design after the ship was found to be too similar to a ship featured on Space: 1999.