Company: GCTS
Filing Date: 2025-04-23
Form Type: S-3
Source: 0001104659-25-038025
Chunk: 11

Company: GCT Semiconductor Holding, Inc.
Filing Date: 2025-04-23
Form: S-3
Chunk 11
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”) for portable wireless
routers (e.g., Mobile Router/MiFi), indoor and outdoor fixed wireless routers (e.g., CPE), industrial machine-to-machine (“M2M”)
applications and smartphones.

We oversee sales, marketing,
and accounting operations from our headquarters in San Jose, California. We conduct product design, development, and customer support
through our fully owned subsidiaries, GCT Research, Inc. (“GCT R”) and MTH, Inc., both of which are located in South
Korea. GCT R serves as our research and development center. In addition, we utilize separate sales offices for local technical support
and sales in Taiwan, China, and Japan.

Our current product portfolio
includes RF and modem chipsets based on 4th generation (“4G”), known as Long Term Evolution (“LTE”), technology
offering a variety of chipsets differentiated by speed and functionality. These include 4G LTE, 4.5G LTE Advanced (twice the speed of
LTE), and 4.75G LTE Advanced-Pro (four times the speed of LTE) chipsets. We also develop and sell cellular IoT chipsets for low-speed
mobile networks such as eMTC/NB- IOT/Sigfox, and other network protocols.

Corporate Information

Our principal executive offices
are located at 2290 North 1st Street, Suite 201 San Jose, CA 95131, and our telephone number is (408) 434-6040.

Implications of Being a Smaller Reporting Company

We are a “smaller reporting
company” meaning that the market value of our Common Stock held by non-affiliates is less than $250.0 million measured on the last
business day of our second fiscal quarter or our annual revenue is less than $100.0 million during the most recent completed fiscal year
and the market value of our Common Stock held by non-affiliates is less than $700.0 million measured on the last business day of our second
fiscal quarter. Accordingly, we may provide less public disclosure than larger public companies, including the inclusion of only two years
of audited financial statements and only two years of management’s discussion and analysis of financial condition and results of
operations disclosure. As a result, the information that we provide to our stockholders may be different than you might receive from other
public reporting companies in which you hold equity interests.

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