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

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-04-23
Form: S-3
Chunk 3
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in our sole discretion, direct them to make, from time to time after the date of this prospectus, pursuant to the Purchase Agreement.

We are
not selling any securities under this prospectus and will not receive any of the proceeds from the sale of our Common Stock by the Selling
Securityholder. However, we may receive up to $50,000,000 aggregate gross proceeds under the Purchase Agreement from sales of Common Stock
we may elect to make to B. Riley Principal Capital II pursuant to the Purchase Agreement after the date of this prospectus. See “The Committed Equity Facility” for a description of the Purchase Agreement and “Selling Securityholder” for additional
information regarding B. Riley Principal Capital II.

B. Riley Principal Capital II
may sell or otherwise dispose of the Common Stock described in this prospectus in a number of different ways and at varying prices. See
“Plan of Distribution (Conflict of Interest)” for more information about how B. Riley Principal Capital II may sell
or otherwise dispose of the Common Stock pursuant to this prospectus. B. Riley Principal Capital II is an “underwriter” within
the meaning of Section 2(a)(11) of the Securities Act of 1933, as amended, or the Securities Act.

We will pay the expenses incurred in registering
under the Securities Act the offer and sale of the shares of Common Stock to which this prospectus relates by the Selling Securityholder,
including legal and accounting fees. We have also engaged Seaport Global Securities LLC (“Seaport”), a registered broker -
dealer and FINRA member, to act as a “qualified independent underwriter” in this offering, whose fees and expenses will be
borne by the Selling Securityholder. See section titled “Plan of Distribution (Conflict of Interest)” beginning on
page 31 of this prospectus.

Our registration of the securities covered by
this prospectus does not mean that either we or the Selling Securityholder will issue, offer or sell, as applicable, any of the securities.
We provide more information in the section titled “Plan of Distribution (Conflict of Interest).”

You should read this prospectus and any prospectus
supplement or amendment carefully before you invest in our securities.

Our Common Stock and Warrants are traded on the
New York Stock Exchange under the symbols “GCTS” and “GCTSW,” respectively. On April 21, 2025, the closing
price of our Common Stock was $1.41 per share, and the closing price