Company: GCTS
Filing Date: 2025-05-30
Form Type: S-3/A
Source: 0001104659-25-054969
Chunk: 6

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-05-30
Form: S-3/A
Chunk 6
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 144, could occur at any time. These sales, or the perception in the market that the holders of a large
number of shares of Common Stock intend to sell shares, could reduce the market price of the Common Stock and make it more difficult for
you to sell your holdings at times and prices that you determine are appropriate. Shares of Common Stock held by certain of our Selling
Securityholders, specifically the Sponsors, the PIPE Investors and holders of our Private Placement Warrants, were purchased at an effective
price lower than the current market price of our Common Stock. Accordingly, such Selling Securityholders, specifically the Sponsors, the
PIPE Investors and holders of our Private Placement Warrants could sell their securities at a per-share price that is less than the purchase
price public stockholders paid and still realize a significant profit from the sale of those securities that could not be realized by
our public stockholders. Furthermore, we expect that, because there is a large number of shares being registered pursuant to the registration
statement of which this prospectus forms a part, the Selling Securityholders, specifically the Sponsors, the PIPE Investors and holders
of our Private Placement Warrants will continue to offer the securities covered thereby pursuant to this prospectus or pursuant to Rule 144
for a significant period of time, the precise duration of which cannot be predicted. Accordingly, the adverse market and price pressures
resulting from an offering pursuant to the registration statement may continue for an extended period of time. You may not experience
a similar rate of return should you invest in our securities, as the price at which you purchase our securities may differ from that of
these Selling Securityholders, specifically the Sponsors, the PIPE Investors and holders of our Private Placement Warrants.

There is no established trading
market for the Private Placement Warrants or the Anapass Warrants. We do not intend to list the Private Placement Warrants or the Anapass
Warrants on any securities exchange or other trading market. We do not expect an active trading market to develop for the Private Placement
Warrants or the Anapass Warrants. Without an active trading market, the liquidity of the Private Placement Warrants or the Anapass Warrants
will be limited. The price at which the Private Placement Warrants or the Anapass Warrants may be sold will depend, in part, on the manner
and timing of such sales as determined by the holders, and the Company is not able to predict when and how such warrants will be sold