Company: GCTS
Filing Date: 2025-03-26
Form Type: 424B3
Source: 0000929638-25-001279
Chunk: 190

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-03-26
Form: 424B3
Chunk 190
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MINED THAT IT IS BOTH NOT MATERIAL AND IS THE TYPE THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL. Loan Agreement Kyeongho Lee (“Lender”) and GCT Research, Inc. (“Borrower”) are executing the loan agreement as follows. Article 1 (Purpose) The purpose of this agreement is to lend operating funds from Lender to Borrower in order to provide short term funds for operating expenditure of Borrower. Article 2 (Contractor) 1. Lender: Kyeongho Lee 2. Borrower: GCT Research, Inc. Article 3 (Loan conditions) 1. Loan principal: KRW4,000,000,000 2. Interest rate: 12.0% per annum, provided that interest payment shall not cause the Company to make interest payments to the Lender in the aggregate that exceeds $120,000 in any 12 month period. 3. Loan date: November 11, 2024 4. Maturity date: December 31, 2024 5. Early repayment: Early repayment before the maturity date is possible at the option of Borrower Article 4 (Loan execution) 1. Upon the parties signing this loan agreement, Lender is required to transfer the loan principal amount of KRW4,000,000,000 to the Borrower account. 2. Borrower bank account number: [***] Article 5 (Repayment) 1. Repayment of the loan must be made in Korean Won. 2. Interest shall be paid on the 28th day of each month. However, in case of early repayment, the calculation is done daily. 3. Repayment funds are covered in the order of accrued interest and principal. 4. In the event of any of the following, the loan must be repaid immediately at the time the relevant event occurs before the maturity date. ① Insolvency ② Apply for bankruptcy ③ Bond preservation ④ Court management 1 Article 6 (Event of Late Payment) If Borrower fails to pay timely any of the principal amount or any accrued interest due under this loan agreement on the maturity date, Borrower shall pay penalty of 1.25% of principal per month calculated daily until principal and accrued interest has been paid. Article 7 (Effectiveness of agreement) This contract is effective from the date of signature and seal by both parties. Article 8 (Resolution of Dis