Company: GCTS
Filing Date: 2025-05-13
Form Type: S-3/A
Source: 0001104659-25-047808
Chunk: 30

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-05-13
Form: S-3/A
Chunk 30
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 shares issuable upon exercise of a Public
Warrant or the exercise price of a Public Warrant is adjusted as set forth under the heading “- Anti-dilution Adjustments”
below. If the number of shares issuable upon exercise of a Public Warrant is adjusted, the adjusted stock prices in the column headings
will equal the stock prices immediately prior to such adjustment, multiplied by a fraction, the numerator of which is the exercise price
of the Public Warrant after such adjustment and the denominator of which is the exercise price of the Public Warrant immediately prior
to such adjustment. In such an event, the number of shares in the table below shall be adjusted by multiplying such share amounts by
a fraction, the numerator of which is the number of shares deliverable upon exercise of the Public Warrant immediately prior to such
adjustment and the denominator of which is the number of shares deliverable upon exercise of the Public Warrant as so adjusted. If the
exercise price of a Public Warrant is adjusted, as a result of raising capital in connection with the initial business combination, the
adjusted stock prices in the column headings will by multiplied by a fraction, the numerator of which is the higher of the Market Value
and the Newly Issued Price as set forth under the heading “- Anti-dilution Adjustments” and the denominator of which is $10.00.

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| Redemption Date (period to     |     | Fair                             
 Market Value of Our Common stock |       |     |        |       |     |        |       |     |        |       |     |        |       |     |        |       |     |        |       |     |        |       |     |         |       |
| expiration of Public Warrants) |     | ≤$10.00                          |       |     | $11.00 |       |     | $12.00 |       |     | $13.00 |       |     | $14.00 |       |     | $15.00 |       |     | $16.00 |       |     | $17.00 |       |     | ≥$18.00 |       |
| 60 months                      |     |                                  | 0.261 |     |        | 0.281 |     |        | 0.297 |     |        | 0.311 |     |        | 0.324 |     |        | 0.337 |     |