Company: GCTS
Filing Date: 2025-05-13
Form Type: S-3/A
Source: 0001104659-25-047808
Chunk: 17

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-05-13
Form: S-3/A
Chunk 17
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 Warrants or the Anapass Warrants on any securities exchange or recognized
trading system. The price at which the the Private Placement Warrants or the Anapass Warrants may be sold will depend, in part, on the
manner and timing of such sales.

As of May 12, 2025, the closing price of our Common Stock was $1.65 per share, and the closing price of our Public Warrants, was
$0.07 per Public Warrant. There can be no assurance that any of our Warrants will be in the money prior to their expiration. As such,
it is possible that we may never generate any cash proceeds from the exercise of any of our Warrants.

The Selling Securityholders
will pay any underwriting commissions and discounts, and expenses incurred by the Selling Securityholders for brokerage, marketing costs,
or legal services (other than those detailed below). We will bear the costs, fees and expenses incurred in effecting the registration
of the securities covered by this prospectus, including all registration and filing fees, securities or blue sky law compliance fees,
fees and expenses of our counsel and our independent registered public accounting firm, and fees and expenses of legal counsel (subject
to certain dollar limitations).

<div align='center'>6

SELLING SECURITYHOLDERS</div>

This prospectus relates
to the offer and sale from time to time by the Selling Securityholders of up to: (i) up to 36,261,987 shares of Common Stock consisting
of (a) up to 6,580,000 shares of Common Stock issuable upon exercise of the Private Placement Warrants at a price of $11.50 per
share, (b) 19,685,138 shares of Common Stock acquired by certain Selling Securityholders party to the Registration Rights Agreement,
(c) up to 4,529,967 PIPE Shares at a price of $6.67 per share issued to PIPE Investors, (d) up to 1,781,626 shares of Common
Stock issued to NRA Investors, (e) up to 500,000 shares of Common Stock issuable upon conversion of the Note issued to the Noteholder, (f) up
to 2,295,333 shares of Common Stock that are issuable upon the exercise of the GCT Warrants, (g) 741,603 shares of Common Stock
issued pursuant to the Anapass Securities Purchase Agreement to Anapass, Inc. at a purchase