Company: GCTS
Filing Date: 2025-04-23
Form Type: S-3
Source: 0001104659-25-038103
Chunk: 6

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-04-23
Form: S-3
Chunk 6
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 summaries are qualified in their entirety by the actual documents. Copies of some of the documents referred to
herein have been filed, will be filed or will be incorporated by reference as exhibits to the registration statement of which this prospectus
is a part, and you may obtain copies of those documents as described below under “Where You Can Find More Information.”

This prospectus contains references
to trademarks and service marks belonging to other entities. Solely for convenience, trademarks and trade names referred to in this prospectus
may appear without the ® or TM symbols, but such references are not intended to indicate, in any way, that the applicable licensor
will not assert, to the fullest extent under applicable law, its rights to these trademarks and trade names. We do not intend our use
or display of other companies’ trade names, trademarks or service marks to imply a relationship with, or endorsement or sponsorship
of us by, any other companies.

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On March 26, 2024
(the “Closing Date”), Concord III, a Delaware corporation, consummated a series of transactions that resulted in the
combination of Gibraltar Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of Concord III (“Merger
Sub”), and GCT, pursuant to a 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”).

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