Company: GCTS
Filing Date: 2025-05-30
Form Type: S-3/A
Source: 0001104659-25-054969
Chunk: 10

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-05-30
Form: S-3/A
Chunk 10
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 Business Combination Agreement, dated November 2, 2023 (the “Business Combination Agreement”), by and among
Concord III, Merger Sub and GCT, as described further below. Pursuant to the terms of the Business Combination Agreement, a business combination
between Concord III and GCT was effected through the merger of Merger Sub with and into GCT, with GCT surviving the merger as a wholly-owned
subsidiary of Concord III (the “Business Combination”), following the approval by shareholders of Concord III at the special
meeting of the stockholders of Concord III held on February 27, 2024 (the “Special Meeting”). Following the closing of
the Business Combination (the “Closing”), Concord III was renamed “GCT Semiconductor Holding, Inc.” (the
“Company”).

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Unless the context indicates
otherwise, references to the “Company,” “we,” “us” and “our” refer to the business of
GCT Semiconductor Holding, Inc., a Delaware corporation, and its consolidated subsidiaries following the Business Combination. “Concord
III” refers to Concord Acquisition Corp III prior to the Business Combination.

Market, Industry and Other Data

This prospectus includes or
incorporates by reference estimates regarding market and industry data and forecasts, which are based on publicly available information,
industry publications and surveys, reports from government agencies and our own estimates based on our management’s knowledge of,
and experience in, the industry and markets in which we compete. In presenting this information, we have made certain assumptions that
we believe to be reasonable based on such data and other similar sources, and on our knowledge of, and our experience to date in, the
markets for our products. Market data is subject to change and may be limited by the availability of raw data, the voluntary nature of
the data gathering process and other limitations inherent in any statistical survey of market data. In addition, customer preferences
are subject to change based on various factors, including those discussed under the headings “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements.” Accordingly, you are cautioned not to place undue reliance on such market data.
References to our being a leader in a market or product category refer to our belief that we have a leading market share position in such
specified market based on sales dollars, unless the context otherwise requires.

Trademarks, Service Marks and Trade Names

This prospectus contains references
to trademarks and service marks belonging to other entities.