Company: GCTS
Filing Date: 2025-05-16
Form Type: 424B5
Source: 0001104659-25-049833
Chunk: 36

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-05-16
Form: 424B5
Chunk 36
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 also expect that payments by
participants to owners of beneficial interests in the global securities held through the participants will be governed by standing instructions
and customary practice, as is now the case with securities held for the accounts of customers registered in the names of nominees for
their customers. These payments will be the responsibility of the participants. Transfers between participants in the depository will
be effected in the ordinary way through the depository’s settlement system in accordance with the depository rules and will be settled
in same day funds.

We will issue
securities in certificated form in exchange for global securities (subject, in the case of the third bullet point, to the procedures of
the depository) if:

| · | the depository notifies us that it is unwilling or unable to continue as a depository for the global securities or ceases to be a 
 “clearing agency” registered under the Exchange Act of 1934, and a successor depository is not appointed by us within 90 days     
 of the notice;                                                                                                                    |

| · | an event of default under the instrument governing the debt securities has occurred and is continuing; or |

| · | we determine that the debt securities will no longer be represented by the global securities. |

<div align='center'>14

DESCRIPTION OF RIGHTS</div>

As specified
in the applicable prospectus supplement, we may issue rights to purchase the securities offered in this prospectus to our existing stockholders,
and such rights may or may not be issued for consideration. The applicable prospectus supplement will describe the terms of any such rights.
The description in the prospectus supplement will not purport to be complete and will be qualified in its entirety by reference to the
documents pursuant to which such rights will be issued.

<div align='center'>DESCRIPTION OF UNITS</div>

As may be
specified in an accompanying prospectus supplement, we may issue units consisting of one or more of our securities registered hereby.
An accompanying prospectus supplement will describe:

| · | the terms of the units and of the securities comprising the units, including whether and under what circumstances the securities comprising 
 the units may be traded separately;                                                                                                         |

| · | a description of the terms of any unit agreement governing the units; and |

| · | a description of the provisions for the payment, settlement, transfer or exchange of the units. |

<div align='center'>15

PLAN OF DISTRIBUTION</div>

We may offer and
sell the securities under this prospectus from time to time in