Company: GCTS
Filing Date: 2025-03-26
Form Type: 424B3
Source: 0000929638-25-001279
Chunk: 151

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-03-26
Form: 424B3
Chunk 151
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31, |        |     |      |       |
|                                |     |         2024 |        |     | 2023 |       |
| Common stock warrants          |     |              | 26,273 |     |      | 2,894 |
| Legacy GCT Earnout Shares      |     |              | 20,000 |     |      |     — |
| Sponsor Earnout Shares         |     |              |    571 |     |      |     — |
| Convertible promissory notes   |     |              |    500 |     |      | 1,835 |
| Options issued and outstanding |     |              |    535 |     |      |   668 |
| RSUs outstanding               |     |              |  1,214 |     |      |   392 |
| Total                          |     |              | 49,093 |     |      | 5,789 |

17. Subsequent Events Kyeongho Lee, Related Party In January 2025, the Company entered into a term loan agreement with Kyeongho Lee pursuant to which the Company borrowed KRW 6.5 billion ($4.5 million) with an annual interest rate of 12%. The term loan had a maturity date in February 2025 and remains outstanding as of the issuance date of these consolidated financial statements. The Company incurs a penalty of 3% of principal per month calculated daily until principal and accrued interest has been paid. i Best Investment Co., Ltd In February 2025, the Company executed an amendment with i Best Investment Co., Ltd. to extend the maturity date from February 2025 to May 2025 for its first draw and fifth draw. Anapass, Inc., Related Party In March 2025, the Company entered into a term loan agreement with Anapass, Inc. pursuant to which the Company borrowed KRW 4.5 billion ($3.1 million) with an annual interest rate of 6.5%. The term loan has a maturity date in March 2026 and remains outstanding as of the issuance date of these consolidated financial statements. 76 GCT SEMICONDUCTOR HOLDING, INC. Notes to Consolidated Financial Statements Purchase Agreement From January 1, 2025 through March 20, 2025, the Company sold 73,984 shares of its common stock to B. Riley under the Purchase Agreement for gross proceeds of $0.2 million that were received by