Company: GCTS
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0000950170-25-044438
Chunk: 113

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 1A
Chunk 113
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 and results of operations.

Risks Related to Ownership of Our Common Stock and Our Corporate Structure

The market price of our Common Stock may be volatile, which could cause the value of your investment to decline.

Prior to our Business Combination, our Common Stock was not traded in a public market. We cannot predict the extent to which a trading market will develop or how liquid that market might become. The trading price of our Common Stock can be volatile and subject to wide fluctuations in price in response to various factors, some of which are beyond our control. These factors include:

•changes in financial estimates, including our ability to meet our future revenue and operating profit or loss projections;

•changes in earnings estimates or recommendations by securities analysts;

•fluctuations in our operating results or those of our customers, operators or other semiconductor companies;

•commercial deployment and upgrade of 4G and 5G wireless networks;

•economic developments in the semiconductor or mobile and wireless industries as a whole;

•general economic conditions and slow or negative growth of related markets;

•announcements by us or our customers or competitors of acquisitions, new products, significant contracts or orders, commercial relationships or capital commitments;

•announcements regarding intellectual property litigation involving us or our competitors;

•changes in the financial estimates of our competitors;

•our ability to develop and market new and enhanced products on a timely basis;

•changes in the pricing and costs of manufacturing;

•commencement of or our involvement in litigation;

•any major change in our board of directors (the “Board”) or management;

•political or social conditions in the markets where we sell our products; and

•changes in governmental regulations.

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In addition, the stock market in general, and the market for semiconductor and other technology companies in particular, have experienced extreme price and volume fluctuations that have often been unrelated or disproportionate to the operating performance of those companies. These broad market and industry factors may cause the market price of our Common Stock to decrease, regardless of our actual operating performance. These trading price fluctuations may also make it more difficult for us to use our Common Stock as a means to make acquisitions or to use options to purchase or to attract and retain employees. In addition, in the past, following periods of volatility in the overall market and the market price of a company’s securities, securities class action litigation has often been instituted against these companies. This litigation, if instituted against us, could result in substantial costs and a diversion of our management’s attention and resources for our business operations.

If securities analysts or industry