Company: GCTS
Filing Date: 2025-04-23
Form Type: S-3
Source: 0001104659-25-038103
Chunk: 19

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-04-23
Form: S-3
Chunk 19
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 Stock to B. Riley Principal Capital II pursuant to the Purchase Agreement will not affect the rights or privileges
of our existing stockholders, except that the economic and voting interests of each of our existing stockholders will be diluted. Although
the number of shares of our Common Stock that our existing stockholders own will not decrease, the shares of our Common Stock owned by
our existing stockholders will represent a smaller percentage of our total outstanding shares of our Common Stock after any such issuance.

Implications of Being a Smaller Reporting Company

We are a “smaller reporting
company” meaning that the market value of our Common Stock held by non-affiliates is less than $250.0 million measured on the last
business day of our second fiscal quarter or our annual revenue is less than $100.0 million during the most recent completed fiscal year
and the market value of our Common Stock held by non-affiliates is less than $700.0 million measured on the last business day of our second
fiscal quarter. Accordingly, we may provide less public disclosure than larger public companies, including the inclusion of only two years
of audited financial statements and only two years of management’s discussion and analysis of financial condition and results of
operations disclosure. As a result, the information that we provide to our stockholders may be different than you might receive from other
public reporting companies in which you hold equity interests.

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THE OFFERING We are registering the resale by the Selling Securityholder or their permitted transferees of up to 10,900,000 shares of Common Stock. Any investment in the securities offered hereby is speculative and involves a high degree of risk. You should carefully consider the information set forth under “ Risk Factors” on page 9 of this prospectus. Resale of Common Stock The following information is as of April 20, 2025 and does not give effect to issuance of our Common Stock after such date.

| Shares of our Common Stock offered by the Selling Securityholder                                                      |     | Up to 10,900,000 shares of Common Stock which we may elect, in our sole discretion, to issue and sell to the Selling Securityholder under the Common Stock Purchase Agreement, dated as of April 23, 2024 with B. Riley Principal Capital II (the “Purchase Agreement”), from time to time after the date of this prospectus and during the term of the Purchase Agreement.                                                                                       |
| Shares of our Common Stock outstanding prior to this offering                                                         |     |