Company: GCTS
Filing Date: 2025-05-16
Form Type: 424B5
Source: 0001104659-25-049833
Chunk: 11

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-05-16
Form: 424B5
Chunk 11
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| · | 26,273,653 shares of our Common Stock issuable upon exercise of outstanding warrants at a weighted-average                                  
 exercise price of $11.48 per share; and                                                                                                     |
| · | 527,397 shares of our Common Stock reserved for issuance upon the conversion of $5,273,973 aggregate principal                              
 amount of convertible notes plus the amount of accrued and unpaid interest, if any, that is payable in shares of Common Stock in connection 
 with the conversion thereof.                                                                                                                |

<div align='center'>S-7

DESCRIPTION OF SECURITIES WE ARE OFFERING</div>

Common Stock

The material terms and provisions
of our Common Stock and each other class of our securities that qualifies or limits our Common Stock are described under the caption “Description
of Common Stock” starting on page 7 of the accompanying prospectus. As of March 31, 2025, we had 48,246,984 shares of
our Common Stock outstanding.

Warrants

The following is a brief
summary of certain terms and conditions of the Warrants and is subject in all respects to the provisions contained in the Warrants.

Shares Issuable Upon Exercise. We are offering Warrants that will entitle the holders of the Warrants to purchase, in the aggregate, up to
10,509,555 shares of our Common Stock.

Form. The Warrants
will be issued as individual warrant agreements to the investors. You should review a copy of the form of Warrant, which will be filed
as an exhibit to a Current Report on Form 8-K by us with the SEC, in connection with this Offering within the time period required
by such form, for a complete description of the terms and conditions applicable to the Warrants.

Exercisability. The
Warrants will become exercisable six months from the issuance date, and will expire five years from the initial exercise date. The
Warrants will be exercisable, at the option of each holder, in whole or in part by delivering to us a duly executed exercise notice and,
at any time a registration statement registering the issuance of the shares of Common Stock underlying the Warrants under the Securities
Act of 1933, as amended (the “Securities Act”), is effective and available for the issuance of such shares, or an exemption
from registration under the Securities Act is available for the issuance of such shares, by payment in full in immediately available funds
for the number of shares of Common Stock purchased upon such exercise.