Company: GCTS
Filing Date: 2025-04-01
Form Type: S-3
Source: 0000950170-25-048684
Chunk: 29

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-04-01
Form: S-3
Chunk 29
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The issuance of shares of our Common Stock from time to time pursuant to the sales agreement may have a dilutive effect on our earnings per share, which could adversely impact the market price of our Common Stock. The actual amount of dilution and the effect on the market price of our Common Stock, if any, will be based on numerous factors, particularly the actual number of shares issued pursuant to the sales agreement, the use of proceeds and the return generated by the investments acquired with the net proceeds, and cannot be determined at this time. In addition, the issuance and sale of substantial amounts of our Common Stock, or the perception that such issuances and sales may occur, could adversely affect the market price of our Common Stock and impair our ability to raise capital through the sale of additional equity securities. Additionally, the sale of shares of Common Stock in this offering will increase the supply of available shares, which may result in a decrease in the price of our Common Stock.

The shares of our Common Stock offered under this prospectus will be sold in “at the market offerings”, and investors who buy shares at different times will likely pay different prices.

Investors who purchase shares under this prospectus at different times will likely pay different prices, and so may experience different outcomes in their investment results. We will have discretion, subject to market demand, to vary the timing, prices, and numbers of shares sold, and to determine the minimum sales price for shares sold. Investors may experience declines in the value of their shares as a result of share sales made in connection with “at the market offerings” at prices lower than the prices they paid.

The actual number of shares we will issue under the sales agreement, at any one time or in total, is uncertain.

Subject to certain limitations in the sales agreement and compliance with applicable law, we and our sales agents may mutually agree to sell shares of our Common Stock under a placement notice at any time throughout the term of the sales agreement. The number of shares that are sold by our sales agents in connection with any placement notice will fluctuate based on the market price of the shares of our Common Stock during the sales period and limits we set with our sales agents. Because the price per share of each share sold will fluctuate based on the market price of our shares of Common Stock during the sales period, it is not possible to predict the number of shares that will ultimately be issued.

Our stock price may fluctuate significantly, and investors may not be able to sell their shares at an attractive price.

The trading price of our