Company: GCTS
Filing Date: 2025-04-23
Form Type: S-3
Source: 0001104659-25-038025
Chunk: 24

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-04-23
Form: S-3
Chunk 24
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 $0.0001 par value per share and 40,000,000 shares of
Preferred Stock, $0.0001 par value.

Voting Power

Except
as otherwise provided by the DGCL or our Charter and subject to the rights of holders of any series of Preferred Stock, all of the voting
power of our stockholders will be vested in the holders of our Common Stock, and each holder of our Common Stock will have one vote for
each share held by such holder on all matters voted upon by the stockholders of the Company; provided, however, that, except as otherwise
required by law, holders of our Common Stock, as such, will not be entitled to vote on any amendment to our Charter (or on any amendment
to a certificate of designations of any series of Preferred Stock) that alters or changes the powers, preferences, rights or other terms
of one or more outstanding series of Preferred Stock if the holders of such affected series of Preferred Stock are entitled to vote, either
separately or together with the holders of one or more other such series, on such amendment pursuant to our Charter (or pursuant to a
certificate of designations of any series of Preferred Stock) or pursuant to the DGCL. There will be no cumulative voting.

Dividends

Except
as otherwise provided by the DGCL or our Charter, dividends may be declared and paid on our Common Stock from funds lawfully available
therefor if, as and when determined by our Board and subject to any preferential dividend rights of any then outstanding shares of Preferred
Stock.

Liquidation

Upon
the dissolution or liquidation or winding up of the affairs of the Company, whether voluntary or involuntary, holders of our Common Stock
will be entitled to receive all our assets available for distribution to our stockholders equally on a per share basis, subject to any
preferential rights of any then outstanding shares of Preferred Stock and after payment or provision for payment of our debts.

Preemptive Rights; Redemption Rights

The
holders of our Common Stock will have no preemptive rights to subscribe for any shares of any class of our stock.Our Common
Stock will not be convertible into, or exchangeable for, shares of any other class or classes or of any other series of the same class
of our capital stock.

Election of Directors

Our
Board is divided into three classes, each of which generally serve for a term of three years with only one class of directors being
elected in each year.

Preferred Stock