Company: GCTS
Filing Date: 2025-05-16
Form Type: 424B5
Source: 0001104659-25-049833
Chunk: 35

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-05-16
Form: 424B5
Chunk 35
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, the number of shares or principal amount of securities of the individual beneficial interests represented by these
global securities to the respective accounts of persons who have accounts with the depository. Ownership of beneficial interests in the
global securities will be shown on, and the transfer of this ownership will be effected only through, records maintained by the depository
or its nominee with respect to interests of participants and the records of participants with respect to interests of persons other than
participants. These accounts initially will be designated by or on behalf of the underwriters, initial purchasers or agents, or by us
if we offer and sell the debt securities directly, and ownership of beneficial interests in the global securities will be limited to participants
or persons who hold interests through participants. Qualified institutional buyers may hold their interests in the global securities directly
through the depository if they are participants in this system, or indirectly through organizations which are participants in this system.
The laws of some states of the U.S. may require that some purchasers of securities take physical delivery of the debt securities in definitive
registered form. These limits and the laws may impair your ability to own, transfer or pledge interests in the global securities.

So long as
the depository, or its nominee, is the registered owner or holder of the debt securities, the depository or its nominee, as the case may
be, will be considered the sole owner or holder of the debt securities represented by the global securities for all purposes. No beneficial
owner of an interest in the global securities will be able to transfer that interest except in accordance with the depository’s
procedures.

We will make
dividend payments on, or payments of the principal of, and premium, if any, and interest on, the global securities to the depository or
its nominee, as the case may be, as the registered owner of the global securities. We will not have any responsibility or liability for
any aspect of the records relating to or payments made on account of beneficial ownership interests in the global securities or for maintaining,
supervising or reviewing any records relating to the beneficial ownership interest.

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We expect
that the depository or its nominee, upon receipt of any dividend payment on, or payment of the principal of, and premium, if any, and
interest on, the global securities, will credit participants’ accounts with payments in amounts proportionate to their respective
beneficial interests in the debt securities as shown on the records of the depository or its nominee. We