Company: GCTS
Filing Date: 2025-04-23
Form Type: S-3
Source: 0001104659-25-038103
Chunk: 51

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-04-23
Form: S-3
Chunk 51
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 be a complete summary of the rights and preferences of such securities. The descriptions below are qualified by reference to the actual text of our Charter. We urge you to read our Charter in its entirety for a complete description of the rights and preferences of our securities.

Authorized and Outstanding Capital Stock

Our
Charter authorizes the issuance of 400,000,000 shares of Common Stock, $0.0001 par value per share and 40,000,000 shares of
Preferred Stock, $0.0001 par value.

Voting Power

Except
as otherwise provided by the Delaware General Corporation Law (the “DGCL”) or our Charter and subject to the rights of holders
of any series of Preferred Stock, all of the voting power of our stockholders will be vested in the holders of our Common Stock, and each
holder of our Common Stock will have one vote for each share held by such holder on all matters voted upon by the stockholders of the
Company; provided, however, that, except as otherwise required by law, holders of our Common Stock, as such, will not be entitled to vote
on any amendment to our Charter (or on any amendment to a certificate of designations of any series of Preferred Stock) that alters or
changes the powers, preferences, rights or other terms of one or more outstanding series of Preferred Stock if the holders of such affected
series of Preferred Stock are entitled to vote, either separately or together with the holders of one or more other such series, on such
amendment pursuant to our Charter (or pursuant to a certificate of designations of any series of Preferred Stock) or pursuant to the DGCL.
There will be no cumulative voting.

Dividends

Except
as otherwise provided by the DGCL or our Charter, dividends may be declared and paid on our Common Stock from funds lawfully available
therefor if, as and when determined by our Board and subject to any preferential dividend rights of any then outstanding shares of Preferred
Stock.

Liquidation

Upon
the dissolution or liquidation or winding up of the affairs of the Company, whether voluntary or involuntary, holders of our Common Stock
will be entitled to receive all our assets available for distribution to our stockholders equally on a per share basis, subject to any
preferential rights of any then outstanding shares of Preferred Stock and after payment or provision for payment of our debts.

Preemptive Rights; Redemption Rights

The
holders of our Common Stock will have no preemptive rights to subscribe for any shares