Company: GCTS
Filing Date: 2025-08-04
Form Type: DEF 14A
Source: 0000950170-25-102009
Chunk: 9

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-08-04
Form: DEF 14A
Chunk 9
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, we will be restricted under NYSE rules from issuing shares of our common stock in excess of 19.99% of our outstanding common stock pursuant to our equity line of credit facility. This limitation could materially restrict our ability to access capital, complete strategic transactions, or otherwise execute on opportunities that may be critical to our business and growth.As a result, we may need to explore alternative financing or strategic options to support our operations or growth plans. These alternatives may include (subject to market conditions) other capital markets transactions, the potential issuance of equity or debt securities, the potential sale of additional assets or business units, or other strategic transactions. These alternatives involve significant uncertainties, potential delays, costs, and other risks, and there can be no assurance that any such alternatives will be available on acceptable terms, or at all, in the current market environment.

Does the Board and GCT’s management support the NYSE Approval Proposal?The Board and our management support the NYSE Approval Proposal and believe it to be in the best interests of GCT and its stockholders.

Can I change my vote after I have returned my proxy card?Yes. After you have submitted a proxy, you may change your vote at any time before the proxy is exercised by submitting a notice of revocation or a proxy bearing a later date. Accordingly, you may change your vote either by submitting a proxy card prior to or at the Annual Meeting or by voting virtually at the Annual Meeting. The later submitted vote will be recorded, and the earlier vote will be revoked. You also may revoke your proxy by sending a notice of revocation to our Chief Financial Officer and Corporate Secretary, which must be received prior to the Annual Meeting. If your shares are held by your broker, you should follow the instructions provided by your broker.

What constitutes a quorum for purposes of the Annual Meeting?To carry on business at the Annual Meeting, we must have a quorum. A quorum is present when a majority of the shares entitled to vote, as of the record date, are represented virtually or by proxy. Your shares will be counted towards the quorum only if you submit a valid proxy (or one is submitted on your behalf by your broker) or if you vote virtually at the Annual Meeting. Abstentions and broker non-votes will be counted towards the quorum requirement. If there is not a quorum at the Annual Meeting, our stockholders may adjourn the meeting.

Who pays for this solicitation?We will pay the cost of preparing, assembling, printing, mailing,