Company: GCTS
Filing Date: 2025-04-23
Form Type: S-3
Source: 0001104659-25-038103
Chunk: 43

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-04-23
Form: S-3
Chunk 43
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 for acting as the qualified independent
underwriter in this offering are deemed to be underwriting compensation in connection with sales of our Common Stock by B. Riley Principal
Capital II to the public.

Effect of Sales of our Common Stock under the Purchase Agreement on our Stockholders

All shares
of Common Stock that may be issued or sold by us to B. Riley Principal Capital II under the Purchase Agreement that are being registered
under the Securities Act for resale by B. Riley Principal Capital II in this offering are expected to be freely tradable. The shares of
Common Stock being registered for resale in this offering may be issued and sold by us to B. Riley Principal Capital II from time to time
at our discretion over a period of up to 24 months commencing on the Commencement Date. The resale by B. Riley Principal Capital II of
a significant amount of shares registered for resale in this offering at any given time, or the perception that these sales may occur,
could cause the market price of our Common Stock to decline or to be highly volatile. Sales of our Common Stock, if any, to B. Riley Principal
Capital II under the Purchase Agreement will depend upon market conditions and other factors to be determined by us. We may ultimately
decide to sell to B. Riley Principal Capital II all, some, or none of the shares of our Common Stock that may be available for us to sell
to B. Riley Principal Capital II pursuant to the Purchase Agreement.

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If and when we do elect to sell shares of our Common Stock to B. Riley Principal Capital II pursuant to the Purchase Agreement, after B. Riley Principal Capital II has acquired such shares, B. Riley Principal Capital II may resell all, some, or none of such shares at anytime or from time to time in its discretion and at different prices. As a result, investors who purchase shares from B. Riley Principal
Capital II in this offering at different times will likely pay different prices for those shares, and so may experience different levels
of dilution, and in some cases substantial dilution, and different outcomes in their investment results. Investors may experience a decline
in the value of the shares they purchase from B. Riley Principal Capital II in this offering as a result of future sales made by us to
B. Riley Principal Capital II at prices lower than the prices such investors paid for their shares in this offering. In addition, if we
sell a substantial number of shares of our Common Stock to B. Riley Principal Capital