Company: GCTS
Filing Date: 2025-04-23
Form Type: S-3
Source: 0001104659-25-038103
Chunk: 48

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-04-23
Form: S-3
Chunk 48
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traday VWAP Purchases from time to time under the Purchase Agreement will be determined on the applicable
Purchase Dates therefor, the actual number of shares of our Common Stock that we may sell to the Selling Securityholder under the Purchase
Agreement may be fewer than the number of shares being offered for resale under this prospectus. The fourth column assumes the resale
by the Selling Securityholder of all of the shares of our Common Stock being offered for resale pursuant to this prospectus.

Please
see the section titled “Plan of Distribution (Conflict of Interest)” for further information regarding the Selling
Securityholder method of distributing these shares.

| Name of Selling                       
 Securityholder                        |     | Shares       
 Beneficially 
 Owned Prior  
 to Offering  |        |     |                |   |     | Maximum                
 Number of              
 Shares of Common Stock 
 to be Offered Pursuant 
 to this prospectus(3)  |            |     | Shares of          
 Common Stock       
 Beneficially Owned 
 After Offering(4)  |   |     |            |   |
|                                       |     | Number(1)    |        |     | Percentage (2) |   |     |                        |            |     | Number             |   |     | Percentage |   |
| B. Riley Principal Capital II, LLC(5) |     |              | 56,818 |     |                | * |     |                        | 10,900,000 |     |                    | 0 |     |            | — |

* Represents beneficial ownership
of less than 1.0% of the outstanding shares of our Common Stock

| 24 |

| (1) | Represents the 56,818 shares of our Common Stock we issued to B. Riley Principal Capital II on April 25, 2024 as Commitment Shares in consideration for entering into the Purchase Agreement with us. In accordance with Rule 13d-3(d) under the Exchange Act, we have excluded from the number of shares beneficially owned prior to the offering all of the shares that B. Riley Principal Capital II may be required to purchase under the Purchase Agreement, because the issuance of such shares is solely at our discretion and is subject to conditions contained in the Purchase Agreement, the satisfaction of which are entirely outside of B. Riley Principal Capital II’s control, including the registration statement that includes this prospectus becoming and remaining effective. Furthermore, the Market Open Purchases and the Intraday Purchases of our Common Stock under the Purchase Agreement