Company: GCTS
Filing Date: 2025-04-23
Form Type: S-3
Source: 0001104659-25-038103
Chunk: 47

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-04-23
Form: S-3
Chunk 47
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 Principal Capital II on April 23, 2024 in order to permit the Selling Securityholder to
offer the shares included in this prospectus for resale from time to time. Except for the transactions contemplated by the Purchase
Agreement and the Registration Rights Agreement and as set forth in the section titled “Plan of Distribution (Conflict of
Interest)” in this prospectus, B. Riley Principal Capital II has not had any material relationship with us within the past
three years. As used in this prospectus, the term “Selling Securityholder” means B. Riley Principal Capital II, LLC.

The
table below presents information regarding the Selling Securityholder and the shares of our Common Stock that may be resold by the Selling
Securityholder from time to time under this prospectus. This table is prepared based on information supplied to us by the Selling Securityholder
and reflects holdings as of April 23, 2024. The number of shares in the column “Maximum Number of Shares of Common Stock to
be Offered Pursuant to this Prospectus” represents all of the shares of our Common Stock being offered for resale by the Selling
Securityholder under this prospectus. The Selling Securityholder may sell some, all or none of the shares being offered for resale in
this offering. We do not know how long the Selling Securityholder will hold the shares before selling them and, except as set forth in
the section titled “Plan of Distribution (Conflict of Interest)” in this prospectus, we are not aware of any existing arrangements
between the Selling Securityholder and any other stockholder, broker, dealer, underwriter or agent relating to the sale or distribution
of the shares of our Common Stock being offered for resale by this prospectus.

Beneficial
ownership is determined in accordance with Rule 13d-3(d) promulgated by the SEC under the Exchange Act, and includes shares
of our Common Stock with respect to which the Selling Securityholder has sole or shared voting and investment power. The percentage of
shares of our Common Stock beneficially owned by the Selling Securityholder prior to the offering shown in the table below is based on
an aggregate of 45,833,346 shares of our Common Stock outstanding on April 23, 2024. Because the purchase price to be paid by the
Selling Securityholder for shares of our Common Stock, if any, that we may elect to sell to the Selling Securityholder in one or more
VWAP Purchases and one or more In