Document:

Form of Warrant to Purchase Shares of the Registrant

 Exhibit 4.6 
 THIS WARRANT AND THE SECURITIES ISSUABLE UPON THE EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED, HYPOTHECATED, OR
OTHERWISE TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT REGISTRATION IS NOT REQUIRED UNDER SUCH ACT. 

GCT SEMICONDUCTOR, INC. 
 WARRANT TO PURCHASE SHARES OF SERIES F PREFERRED STOCK 
  

			
	 No. WF-            
	  	                        Void after 5:00 p.m. California
time                 

 This Warrant is issued to Parakletos@Ventures LLC. (“Holder”), by GCT
Semiconductor, Inc., a Delaware corporation (the “Company”), in connection with the Holder’s purchase of the Company’s Series F Preferred Stock pursuant to the Series F Preferred Stock Purchase Agreement (the “Purchase
Agreement”), of even date herewith, among the Company and the investors identified therein. 
 THIS
CERTIFIES THAT, for value received, Holder is entitled, under the terms and conditions hereof, to purchase from the Company                  shares of the
Company’s Series F Preferred Stock (the “Series F Preferred Stock”) at $1.20 per share (the “Exercise Price”). 
 Upon delivery of this Warrant, the attached Notice of Exercise and the payment of the Exercise Price multiplied by the total number of shares of Series F Preferred Stock thereby purchased (the
“Aggregate Exercise Price”), at the principal office of the Company or at such other office or agency as the Company may designate by notice in writing to the holder hereof, the holder of this Warrant shall be entitled to receive a
certificate or certificates for the shares of Series F Preferred Stock so purchased. The date at which the Company receives (i) this Warrant and (ii) payment for the shares of Series F Preferred Stock, as set forth in this Warrant, shall
be referred to herein as the “Exercise Date.” All shares of Series F Preferred Stock which may be issued upon the exercise of this Warrant shall, upon issuance, be fully paid and non-assessable. 

This Warrant is subject to the following terms and conditions: 

	 	1.	 Exercise of Warrant. 

 1.1 Time of Exercise. This Warrant may only be exercised in whole or in part prior to the earliest of (i) 5:00 p.m. California time on
                    , (ii) the closing of (A) a sale of all or substantially all of the Company’s assets or (B) the merger
or consolidation of the Company with another corporation whereby the Company’s stockholders immediately prior to such merger or consolidation will hold less than 50% of the outstanding securities of the surviving or continuing entity
immediately following such merger or consolidation (such sale, merger or consolidation referred to herein as a “Sale of the Company”) and (iii) the closing of an underwritten public offering of the Company’s equity securities
pursuant to a registration statement under the Securities Act of 1933, as amended (the “Act”) if all of the Series F Preferred Stock is converted into Common Stock in connection with such underwritten public offering (an “IPO”).
The Company will provide reasonable notice in writing to the Holder before termination under (i), (ii) or (iii) above. 
 1.2 Method of Exercise. While this Warrant remains outstanding and exercisable in accordance with Section 1.1 above, the Holder may exercise, in whole or in part, the purchase rights evidenced
hereby. Such exercise shall be effected by: 
 (a) the surrender of the Warrant and the Notice of
Exercise at the principal office of the Company; and 
 (b) subject to Section 1.3 below,
the payment to the Company by wire transfer or check of the Aggregate Exercise Price for all shares of Series F Preferred Stock purchased. 
 (c) Upon a partial exercise of this Warrant: (i) the Aggregate Exercise Price immediately prior to such exercise shall be reduced by the aggregate amount paid to the Company upon such partial
exercise of this Warrant, and (ii) this Warrant shall be surrendered by the Holder and replaced with a new Warrant of like tenor in which the Aggregate Exercise Price is the Aggregate Exercise Price as so reduced. In no event may the cumulative
aggregate purchase price paid to the Company upon all exercises of the Warrant exceed the Aggregate Exercise Price. 
 (d) The Holder may elect to convert all or a portion of this Warrant, without the payment by the Holder of any additional consideration, by the surrender of this warrant or such portion to the Company,
with the Net Issue Election Notice attached hereto duly executed, at the office of the Company. Thereupon, the Company shall issue to the Holder such number of fully paid and nonassessable shares of Series F Preferred Stock as is computed using the
following formula: 
  

							
	 X =
	 	 Y (A-B)
	  		  	
		 	      A	  		  	

 where: 
  

			
	 X =
	  	 the number of shares to be issued to the Holder pursuant to this Section 1.2(d).

			
	 Y =
	  	 the number of shares covered by this Warrant in respect of which the net issue election is made pursuant to this Section 1.2(d).

	 A =
	  	 the fair market value of one share of Series F Preferred Stock as determined in accordance with the provisions of this
Section 1.2(d).

	 B =
	  	 the per share Exercise Price in effect under this Warrant at the time the net issue election is made pursuant to this
Section 1.2(d).

 For purposes of this Section 1.2(d), the “fair market value” per share of the
Company’s Series F Preferred Stock shall mean the value as determined on good faith by the Board of Directors; provided, that if such valuation is contested, the Company shall retain a nationally recognized financial advisor reasonably
acceptable to the Holder to assist in the determination of such value, or, if the exercise is in connection with an IPO, and if the Company’s Registration Statement relating to such IPO has been declared effective by the Securities and Exchange
Commission, then the fair market value per share shall be the product of (x) the initial “Price to Public” specified in the final prospectus with respect to the offering and (y) the number of shares of Common Stock into which
each share is convertible at the date of calculation. 
 Notwithstanding the provisions of this Section 1, if the Holder
has not exercised this Warrant prior to the closing of a Sale of the Company or an IPO, this Warrant shall automatically be deemed to be exercised in full in the manner set forth in Section 1.2(d), without any further action on behalf of the
Holder immediately prior to such closing; provided that the Holder shall be required to provide the Notice of Exercise upon request by the Company in such event. 

1.3 Certificate of Shares. The Company shall, within 30 days after the Exercise Date, prepare a certificate for the
shares of Series F Preferred Stock purchased in the name of the holder of this Warrant, or as such Holder may direct (subject to the restrictions upon transfer contained herein and upon payment by such Holder hereof of any applicable transfer
taxes). In case the Holder shall exercise this Warrant with respect to less than all of the shares of Series F Preferred Stock that may be purchased under this Warrant, the Company shall execute a new warrant in the form of this Warrant for the
balance of such shares and deliver such new warrant to the Holder. 
 1.4 Transfer of Warrant. 

(a) This Warrant may not be assigned or transferred except as provided in this Section 1.4 and in
accordance with and subject to the provisions of the Act. Any purported transfer or assignment made other than in accordance with this Section 1.4 shall be null and void and of no force or effect. 

(b) This Warrant may be assigned or transferred to an affiliate of the Holder. An “affiliate”
means with respect to any person or entity, any person or entity which controls, is controlled by, or is under common control with, such person or entity, or any stockholder or other entity owner in a control relationship with any of the foregoing.
For this purpose the term “control” shall mean the direct or indirect beneficial ownership of at least fifty 

 
percent (50%) of the voting stock or interest in the income of such person or entity, or such other relationship as, in fact, constitutes actual control. 

(c) Prior to any transfer of this Warrant, other than in an offering registered under the Act, the Holder
shall notify the Company of its intention to effect such transfer, indicating the circumstances of the proposed transfer and, if requested by the Company while it is subject to the reporting requirements of the Exchange Act of 1934, as amended, the
Holder shall have furnished the Company with an opinion of counsel, reasonably satisfactory to the Company, that such disposition will not require registration of such shares under the Act. 

1.5 Reservation of Shares If, at any time, the number of shares of Series F Preferred Stock or other securities issuable
upon exercise of this Warrant shall not be sufficient to effect the exercise of this Warrant, the Company will take such corporate action as may, in the opinion of its counsel, be necessary to increase its authorized but unissued shares of Series F
Preferred Stock or other securities issuable upon exercise of this Warrant as shall be sufficient for such purpose. 
  

	 	2.	Certain Adjustments. 

 2.1 Conversion of Series F Preferred Stock. Should all of the Company’s Series F Preferred Stock be, at any time prior to the expiration of this Warrant (other than in connection with a transaction
set forth in Section 1.1 above), converted into shares of the Company’s Common Stock in accordance with the Company’s Certificate of Incorporation, as in effect immediately prior to the conversion of all of the Company’s Series F
Preferred Stock, then this Warrant shall immediately become exercisable for that number of shares of the Company’s Common Stock equal to the number of shares of Common Stock that would have been received if this Warrant had been exercised in
full and the Series F Preferred Stock received thereupon had been simultaneously converted into Common Stock immediately prior to such event. The Exercise Price per share of Common Stock shall be immediately adjusted to equal the quotient obtained
by dividing (x) the Aggregate Exercise Price of the number of shares of Series F Preferred Stock for which this Warrant was exercisable immediately prior to such conversion by (y) the number of shares of Common Stock for which this Warrant
is exercisable immediately after such conversion. 
 2.2 Subdivisions. In case the Company shall at any time fix
a record date to effect a split or subdivision of the outstanding shares of the Series F Preferred Stock, or to determine the holders of Series F Preferred Stock entitled to receive a dividend or other distribution payable in additional shares of
Series F Preferred Stock or other securities or rights convertible into, or entitling the holder thereof to receive directly or indirectly, additional shares of Series F Preferred Stock (the “Series F Preferred Stock Equivalents”) without
payment of any consideration by such holder for the additional shares of Series F Preferred Stock or Series F Preferred Stock Equivalents (including the additional shares of Series F Preferred Stock issuable upon conversion or exercise thereof),
then, as of such record date (or the date of such distribution, split or subdivision if no record date is fixed) the Exercise Price in effect immediately prior to such subdivision shall be proportionately decreased. 

 2.3 Combinations. In case the Company shall at any time combine the
outstanding shares of its Series F Preferred Stock, the Exercise Price in effect immediately prior to such combination shall be proportionately increased as of the date of such combination. 

2.4 Series F Preferred Stock Dividends. In case the Company shall at any time pay a dividend with respect to Series F
Preferred Stock payable in Series F Preferred Stock, then the Exercise Price in effect immediately prior to the record date for distribution of such dividend shall be adjusted to that price determined by multiplying the Exercise Price in effect
immediately prior to such record date by a fraction (i) the numerator of which shall be the total number of shares of Series F Preferred Stock outstanding immediately prior to such dividend and (ii) the denominator of which shall be the
total number of shares of Series F Preferred Stock outstanding immediately after such dividend. 
 2.5 Common
Stock Dividends. If the Company, at any time following the conversion of all of the Series F Preferred Stock and prior to the expiration of this Warrant, shall pay a dividend with respect to Common Stock payable in shares of Common Stock or make any
other distribution with respect to Common Stock, then the Exercise Price per share shall be adjusted, from and after the date of determination of the stockholders entitled to receive such dividend or distribution, to that price determined by
multiplying the per share purchase price in effect by a fraction (i) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of
which shall be the total number of shares of the Common Stock outstanding immediately after such dividend or distribution. 
  

	 	3.	 Miscellaneous. 

 3.1 The terms of this Warrant shall be binding upon and shall inure to the benefit of any successors or assigns of the Company and of the holder or holders hereof and of the Series F Preferred Stock
issued or issuable upon the exercise hereof, and all of the obligations of the Company relating to the Series F Preferred Stock issuable upon exercise of this Warrant shall survive the exercise of this Warrant. 

3.2 No holder of this Warrant, as such, shall be entitled to vote or receive dividends or be deemed to be a stockholder
of the Company for any purpose, nor shall anything contained in this Warrant be construed to confer upon the holder of this Warrant, as such, any rights of a stockholder of the Company or any right to vote, give or withhold consent to any corporate
action, receive notice of meetings, receive dividends or subscription rights, or otherwise. 
 3.3 No fractional
share shall be issued upon exercise of this Warrant. The Company shall, in lieu of issuing any fractional share, pay Holder a sum in cash equal to any fraction of a share to which the Holder is entitled with the value thereof to be reasonably
determined by the Company. 
 3.4 Upon receipt of evidence reasonably satisfactory to the Company of the loss,
theft, destruction or mutilation of this Warrant and, in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably satisfactory in form and 

 
amount to the Company, or, in the case of any such mutilation, upon surrender and cancellation of such Warrant, the Company at its expense will execute and deliver, in lieu thereof, a new Warrant
of like data and tenor. 
 3.5 If the last or appointed day for the taking of any action or the expiration of
any right required or granted herein shall be a Saturday or Sunday or shall be a legal holiday, then such action may be taken or such right may be exercised, except as to the purchase price, on the next succeeding day not a legal holiday.

 3.6 This Warrant shall be governed by the internal laws of the State of California, without regard to the
application of conflict of law rules. 
 3.7 Receipt of this Warrant by Holder shall constitute acceptance of
and agreement to the foregoing terms and conditions. 
 3.8 Any term of this Warrant may be amended and the
observance of any term of this Warrant may be waived (either generally or in a particular instance and either retroactively or prospectively) with the written consent of the Company and the Holder. 

[Remainder of this page left intentionally blank] 

 IN WITNESS WHEREOF, the Company has caused this Warrant to be signed by its
duly authorized officer. 
  

			
	GCT SEMICONDUCTOR, INC.
		
	By:	 	 
		 	Kyeong Ho Lee
		 	President and Chief Executive Officer

  

			
	Agreed and Accepted by:
	
	Parakletos@Ventures LLC

			
		
	By:	 	 
	Name:	 	 
	Title:	 	 

 [Signature page to Series F Warrant] 

 NOTICE OF EXERCISE 

To: GCT Semiconductor, Inc. 
 (i) The undersigned hereby elects to purchase                  shares of Series F Preferred Stock of GCT
Semiconductor, Inc., pursuant to the terms of the attached Warrant, and tenders herewith payment of the purchase price for such shares in full. 
 (ii) In exercising this Warrant, the undersigned hereby confirms and acknowledges that the shares of Series F Preferred Stock or the Common Stock to be issued upon conversion thereof are being acquired
solely for the account of the undersigned and not as a nominee for any other party, and for investment, that the undersigned will not offer, sell, or otherwise dispose of any such shares of Series F Preferred Stock or Common Stock except under
circumstances that will not result in a violation of the Securities Act of 1933, as amended, or any state securities laws and that the undersigned is an “accredited investor” within the meaning of Regulation D promulgated under the
Securities Act of 1933. 
 (iii) Please issue a certificate representing said shares of Series F Preferred Stock
in the name of the undersigned or in such other name as is specified below: 

	
	
	  
	[Name]

 (iv) Please issue a new Warrant for the unexercised portion of the attached Warrant
in the name of the undersigned: 

					
			
	_____________________	 		 	  
	[Date]	 		 	[Signature]

 NET ISSUE ELECTION NOTICE 

To: GCT Semiconductor, Inc. 
 The undersigned hereby elects, pursuant to Section 1.2(d) of the attached Warrant, to surrender the right to purchase
                     shares of Series F Preferred Stock. The Certificate(s) for the shares issuable upon such net issue election shall be
issued in the name of the undersigned or as otherwise indicated below. 
 In exercising this Warrant, the
undersigned hereby confirms and acknowledges that the shares of Series F Preferred Stock or the Common Stock to be issued upon conversion thereof are being acquired solely for the account of the undersigned and not as a nominee for any other party,
and for investment, that the undersigned will not offer, sell, or otherwise dispose of any such shares of Series F Preferred Stock or Common Stock except under circumstances that will not result in a violation of the Securities Act of 1933, as
amended, or any state securities laws and that the undersigned is an “accredited investor” within the meaning of Regulation D promulgated under the Securities Act of 1933. 

 

					
			
	Date:	 		 	  
		 		 	Signature

					
			
	 	 		 	  
		 		 	Name for Registration

							
				
	 	 		 	                              
  Mailing Address:Form of Stock Purchase Warrant

 Exhibit 4.7 
 NEITHER THIS WARRANT NOR THE SECURITIES ISSUABLE UPON EXERCISE HEREOF HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS. NEITHER THIS WARRANT NOR THE
SECURITIES ISSUABLE UPON EXERCISE HEREOF MAY BE TRANSFERRED EXCEPT (A) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND APPLICABLE STATE SECURITIES LAWS, OR (B) IN A TRANSACTION WHICH IS
EXEMPT FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND APPLICABLE STATE SECURITIES LAWS. 
  

			
	 Warrant Issue Date:
                    
	  	Warrant No.             

 STOCK PURCHASE WARRANT 

For value received, GCT Semiconductor, Inc. (the “Company”), a Delaware corporation, hereby
certifies that MVentures (the “Holder”) or its permitted assign(s) is entitled to purchase from the Company at the Exercise Price (as defined below), at any time or from time to time during the Exercise Period (as defined
below), in whole or in part,                  shares of Warrant Stock (as defined below). This Warrant is subject the following terms and conditions. 

1. Certain Definitions. 

(a) “Change in Control” means any consolidation or merger of the Company with or
into any other corporation or other entity or person, or any other corporate reorganization, in which the stockholders of the Company immediately prior to such consolidation, merger or reorganization, do not hold at least a majority of the resulting
or surviving corporation’s voting power immediately after such consolidation, merger or reorganization, or the sale, lease, or other disposition of all or substantially all of the assets of the Company. 

(b) “Exercise Period” means the period commencing on the Warrant Issue Date and
ending on the date that is the earliest to occur of (x) 5:00 p.m. (prevailing local time at the principal executive office of the Company) on
                , (y) a Change in Control, or (z) the closing of an initial public offering of the Company’s common stock pursuant to a
registration statement under the Securities Act of 1933, as amended. 
 (b) “Exercise
Price” means $1.20 per share of Warrant Stock. 
 (d) “Warrant
Stock” means Series F Preferred Stock. 

 2. Exercise of Warrant. 

(a) The purchase rights represented by this Warrant are exercisable by the Holder, in whole or in part,
during the Exercise Period by the surrender of this Warrant, with the form of Subscription Agreement attached hereto as Annex A duly completed and executed by the Holder, to the Company at its principal executive office, accompanied by
payment in cash, in lawful money of the United States of America, including by certified or official bank check made payable to the order of the Company or by wire transfer of immediately available funds to an account designated by the Company, of
an amount equal to the Exercise Price multiplied by the number of shares of Warrant Stock being purchased pursuant to such exercise of the Warrant. 

(b) If the fair market value of one share of Warrant Stock is greater than the Exercise Price (at the date
of calculation as set forth below), then in lieu of exercising this Warrant for cash, the Holder may elect to receive shares of Warrant Stock equal to the value (as determined below) of this Warrant (or the portion thereof being canceled) by
surrender of this Warrant during the Exercise Period at the principal office of the Company together with the properly completed Subscription Agreement and notice of such election in which event the Company shall issue to the Holder a number of
shares of Warrant Stock computed using the following formula: 
  

							
		 	 X =
	 	Y (A-B)	  	
		 		 	     A	  	

  

					
	 Where
	 	 X =
	  	 the number of shares of Warrant Stock to be issued to the Holder

			
		 	 Y =
	  	 the number of shares of Warrant Stock purchasable under the Warrant or, if only a portion of the Warrant is being exercised, the portion of the Warrant being
canceled (at the date of such calculation)

			
		 	 A =
	  	The fair market value of one share of the Company’s Warrant Stock (at the date of such calculation)
			
		 	 B =
	  	Exercise Price (as adjusted to the date of such calculation)

 For purposes of the above calculation, the fair market value of one share of Warrant Stock shall be the
fair value as determined in good faith by the Company’s Board of Directors or a duly appointed committee of the Board; provided, however, that in the event that the Warrant is being exercised in connection with the Company’s
initial public offering, the fair market value per share shall be the per share offering price of the Company’s initial public offering. 
 (c) This Warrant may be exercised for less than the full number of shares of Warrant Stock first shown above, provided that this Warrant may not be exercised in part for less than a whole
number of shares of Warrant Stock. Upon any such partial exercise, the Company at its expense will forthwith issue to the Holder a new Warrant or Warrants of like tenor exercisable for the number of shares of Warrant Stock as to which rights have
not been exercised (subject to adjustment as herein provided). 

  
 2 

 (d) As soon as practicable after the exercise of this
Warrant and payment of the aggregate Exercise Price, and in any event within 20 business days thereafter, the Company, at its expense, will cause to be issued in the name of and delivered to the Holder a certificate or certificates for the number of
duly authorized, validly issued, fully paid and non-assessable shares of Warrant Stock to which the Holder shall be entitled upon such exercise, plus, in lieu of any fractional share to which the Holder would otherwise be entitled, cash in an amount
determined in accordance with Section 3(d) hereof. The Company agrees that the shares so purchased shall be deemed to be issued to the Holder as the record owner of such shares as of the close of business on the date on which this Warrant shall
have been exercised. 
 (e) Prior to the exercise of this Warrant, the Holder shall not be
entitled to any rights of a stockholder of the Company with respect to shares for which this Warrant shall be exercisable, including, without limitation, the right to vote, to receive dividends or other distributions or to exercise any preemptive
rights, and shall not be entitled to receive any notice of any proceedings of the Company. 
 3.
Adjustments. 
 (a) Adjustments Generally. In order to prevent dilution of the
rights granted hereunder in the specific circumstances contemplated by this Section 3, the number of shares of Warrant Stock underlying this Warrant and the Exercise Price shall be subject to adjustment from time to time in accordance herewith.
Upon each adjustment of the Exercise Price pursuant to this Section 3, the Holder shall thereafter be entitled to acquire upon exercise, at the Exercise Price resulting from such adjustment, the number of shares of the Company’s Warrant
Stock determined by (i) multiplying (A) the Exercise Price in effect immediately prior to such adjustment by (B) the number of shares of Warrant Stock issuable upon exercise hereof immediately prior to such adjustment, and
(ii) dividing the product thereof by the Exercise Price resulting from such adjustment. 

(b) Subdivisions and Combinations. In case the Company shall at any time subdivide its outstanding
shares of Warrant Stock into a greater number of shares (including, without limitation, through any stock split effected by means of a dividend on the Warrant Stock which is payable in Warrant Stock), the Exercise Price in effect immediately prior
to such subdivision shall be proportionately reduced, and, conversely, in case the outstanding shares of Warrant Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such
combination shall be proportionately increased. 
 (c) Reorganization, Reclassification,
Consolidation, Merger or Sale of Assets. If any capital reorganization or reclassification of the capital stock of the Company, or consolidation or merger of the Company with another corporation, or the sale of a significant amount of assets to
another corporation shall be effected in such a way that (i) does not constitute a Change in Control, and (ii) holders of Warrant Stock shall be entitled to receive stock, securities, cash or other property with respect to or in exchange
for Warrant Stock, then, as a condition of such reorganization, reclassification, consolidation, merger or sale, lawful and adequate provision shall be made whereby the Holder shall have the right to acquire and receive upon exercise of this Warrant
in accordance with the terms hereof such shares of stock, securities, cash or other property of the successor corporation that a holder of the shares deliverable upon exercise of this Warrant would have been entitled to receive in such
reorganization, reclassification, consolidation, merger or sale if this Warrant had been exercised immediately before such reorganization, reclassification, consolidation, merger or sale. The foregoing provisions shall similarly apply to successive
reorganizations, reclassifications, consolidations, 

  
 3 

 
mergers or sales and to the stock or securities of any other corporation that are at the time receivable upon the exercise of this Warrant. In all events, appropriate adjustments (as determined
by the Board of Directors of the Company) shall be made in the application of the provisions of this Warrant with respect to the rights and interests of the Holder after the transaction, to the end that the provisions of this Warrant shall be
applicable after that event, as near as reasonably may be, in relation to any shares or other property deliverable after that event upon exercise of this Warrant. 

(d) Fractional Shares. The Company shall not issue fractions of shares of Warrant Stock upon
exercise of this Warrant or scrip in lieu thereof. If any fraction of a share of Warrant Stock would, except for the provisions of this Section 3(d), be issuable upon exercise of this Warrant, then the Company shall in lieu thereof pay to the
person entitled thereto an amount in cash equal to the current value of such fraction, calculated to the nearest one-hundredth (1/100) of a share, to be computed on the basis of the fair market value per share as determined by the Board of
Directors of the Company in accordance with the provisions of Section 2(b). 
 (e)
Certificate as to Adjustments. Whenever the Exercise Price shall be adjusted as provided in Section 3 hereof, the Company shall promptly compute such adjustment and furnish to the Holder a certificate setting forth such adjustment and
showing in reasonable detail the facts requiring such adjustment, the Exercise Price that will be effective after such adjustment and the number of shares and the amount, if any, of other property that at the time would be received upon the exercise
of this Warrant. 
 4. Reservation of Stock Issuable on Exercise of Warrant. The Company shall at all
times reserve and keep available out of its authorized but unissued stock, solely for the issuance and delivery upon the exercise of this Warrant and other similar Warrants, such number of its duly authorized shares of Warrant Stock as from time to
time shall be issuable upon the exercise of this Warrant and other similar Warrants. All of the shares of Warrant Stock issuable upon exercise of this Warrant and other similar Warrants, when issued and delivered in accordance with the terms hereof
and thereof, will be duly authorized, validly issued, fully paid and non-assessable, subject to no lien or other encumbrance other than restrictions on transfer arising under applicable securities laws and restrictions imposed by Section 6(a)
hereof and the Agreements to which reference is made in Section 6(b) hereof. 
 5. Replacement of
Warrant. Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Warrant and (in the case of loss, theft or destruction) upon delivery of an indemnity agreement reasonably
satisfactory to the Company (with surety if reasonably required), or (in the case of mutilation) upon surrender and cancellation thereof, the Company will issue, in lieu thereof, a new Warrant of like tenor and amount. 

6. Negotiability. This Warrant is issued upon the following terms: 

(a) Transfer. By acceptance hereof, the Holder acknowledges and agrees that, except upon the prior
written consent of the Company, this Warrant may not be transferred, and this Warrant may be exercised only by the Holder. Holder is acquiring the Warrant and the shares of Warrant Stock issuable upon exercise hereof for investment for its own
account, not as a nominee or agent, and not with a view to, or for resale in connection with, any distribution thereof, and Holder has no present intention of selling, granting any participation in, or otherwise distributing the same. 

  
 4 

 (b) Agreements. As a condition to the Company’s
obligation to issue shares of capital stock upon exercise hereof, the Holder shall execute the Subscription Agreement attached hereto as Annex A and such stock transfer restriction and voting agreements as may reasonably be requested by the
Company. 
 (c) Transfer Taxes. The Company shall not be required to pay any federal or
state transfer tax or charge that may be payable in respect of any transfer involved in the transfer or delivery of this Warrant or the issuance or delivery of certificates for Warrant Stock in a name other than that of the Holder or to issue or
deliver any certificates for Warrant Stock upon the exercise of this Warrant until any and all such taxes and charges shall have been paid by the Holder or until it has been established to the Company’s reasonable satisfaction that no such tax
or charge is due. 
 (d) Compliance with Securities Laws. The Holder, by acceptance
hereof, acknowledges that this Warrant and the shares of Warrant Stock to be issued upon exercise hereof are being acquired solely for the Holder’s own account and not as a nominee for any other party, and for investment, and that the Holder
will not offer, sell or otherwise dispose of this Warrant or any shares of Warrant Stock to be issued upon exercise hereof except under circumstances that will not result in a violation of applicable federal and state securities laws. 

7. Subdivision of Rights. Subject to Section 6, this Warrant (as well as any new Warrants issued pursuant to
the provisions of this Section 7) is exchangeable, upon the surrender hereof by the Holder, at the principal executive office of the Company for any number of new Warrants of like tenor and date representing in the aggregate the right to
subscribe for and purchase the number of shares of Warrant Stock of the Company which may be subscribed for and purchased hereunder. 
 8. Miscellaneous. 
 (a) Notices. All
notices required or permitted hereunder shall be in writing and shall be deemed effectively given (i) upon personal delivery to the party to be notified, (ii) when sent by confirmed electronic mail or facsimile if sent during normal
business hours of the recipient; if not, then on the next business day, or (iii) two (2) days after deposit with an internationally recognized overnight courier, specifying delivery within two days or less, with written verification of
receipt. 
 (b) Books of the Company. The Company may treat the holder hereof as appearing
on the Company’s books at any time as the holder for all purposes. 
 (c) Headings.
The headings in this Warrant are for purposes of reference only, and shall not limit or otherwise affect the meaning hereof. 
 (d) Amendment; Waiver. This Warrant and any term hereof may be amended, waived, discharged or terminated only by an instrument in writing signed by the party against whom enforcement of such
amendment, waiver, discharge or termination is sought. No waivers of any term, condition or provision of this Warrant, in any one or more instances, shall be deemed to be, or construed as, a further or continuing waiver of any such term, condition
or provision. 

  
 5 

 (e) Benefits of this Warrant. Nothing in this Warrant
shall be construed to give any person or corporation other than the Company and the Holder any legal or equitable right, remedy or claim under this Warrant and this Warrant shall be for the sole and exclusive benefit of the Company and the Holder
and any other permitted holder or holders of the Warrant. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 6 

 IN WITNESS WHEREOF, the Company has caused this Warrant to be duly executed
and delivered by its authorized officer, as of the date first above written. 
  

			
	GCT SEMICONDUCTOR, INC.
		
	By:	 	 
	Name:	 	 
	Title:	 	 

  

	
	AGREED TO AND ACCEPTED:
	  
 HOLDER
 [NAME]

	
	  

  
 7 

 ANNEX A 
 SUBSCRIPTION AGREEMENT 
  

			
	 Date:
	  	_____________________
		
	 To:
	  	_____________________
		  	_____________________
		  	_____________________

 The undersigned (the “Purchaser”), pursuant to the provisions set
forth in the attached Warrant, hereby irrevocably elects (check and complete appropriate box): 
  ̈ to purchase                  shares of Warrant Stock (the “Warrant Shares”) covered by such
Warrant and herewith makes payment of $                    , representing the full purchase price for such shares at the price per share
provided for in such Warrant. 
  ̈ to exercise the Warrant with
respect to                  shares of Warrant Stock, pursuant to Section 2(b) of the Warrant. 

Purchaser represents and warrants to the Company as follows: 

1. Investment Representations. Purchaser understands that the Warrant Shares have not been registered under the
Securities Act. Purchaser also understands that the Warrant Shares are being offered and sold pursuant to an exemption from registration contained in the Securities Act based in part upon Purchaser’s representations contained in the Agreement.

 2. Experience; Risk. Purchaser has such knowledge and experience in financial and business matters
that Purchaser is capable of evaluating the merits and risks of the purchase of the Warrant Shares and of protecting Purchaser’s interests in connection therewith. Purchaser is able to fend for itself in the transactions contemplated by this
Agreement and has the ability to bear the economic risk of the investment, including complete loss of the investment. 
 3. Investment. Purchaser is acquiring the Warrant Shares for investment for its own account, not as a nominee or agent, and not with a view to, or for resale in connection with, any distribution
thereof, and Purchaser has no present intention of selling, granting any participation in, or otherwise distributing the same. Purchaser understands that the Warrant Shares have not been registered under the Securities Act and applicable state
securities laws (collectively, the “Acts”) by reason of a specific exemption from the registration provisions of the Acts which depends upon, among other things, the bona fide nature of the investment intent and the accuracy of
Purchaser’s representations as expressed herein. 

 4. Information. Purchaser has been furnished with all information
which it deems necessary to evaluate the merits and risks of purchasing the Warrant Shares and has had the opportunity to ask questions concerning the Warrant Shares and the Company and all questions posed have been answered to its satisfaction.
Purchaser has been given the opportunity to obtain any additional information it deems necessary to verify the accuracy of any information obtained concerning the Warrant Shares and the Company. Purchaser has such knowledge and experience in
financial and business matters that it is able to evaluate the merits and risks of purchasing the Warrant Shares and to make an informed decision relating thereto. 

5. Restricted Securities; Restrictions on Transfer. Purchaser understands that the Warrant Shares will be
“restricted securities” under applicable securities laws inasmuch as they are being acquired from the Company in a transaction not involving a public offering and that under such laws and applicable regulations the Warrant Shares may be
resold without registration under the Acts only in certain limited circumstances. Purchaser acknowledges that the Warrant Shares must be held indefinitely unless subsequently registered under the Acts or an exemption from such registration is
available. Purchaser agrees to execute and deliver a counterpart signature page, and become a party, to such stock transfer restriction and voting agreements as may be requested by the Company. 

6. No Public Market. Purchaser understands that no public market now exists for any of the securities issued by
the Company and that there is no assurance that a public market will ever exist for such securities. 
 7.
Accredited Investor. Purchaser is an “accredited investor” within the meaning of Rule 501 promulgated under the Securities Act. The Purchaser has considered the Federal and state income tax implications of the exercise of the
Warrant and the purchase and subsequent sale of the Warrant Shares. 
 8. Residence. If Purchaser is an
individual, then Purchaser resides in the state or province identified in the address of Purchaser set forth below; if Purchaser is a partnership, corporation, limited liability company or other entity, then the office or offices of Purchaser in
which its investment decision was made is located at the address or addresses of Purchaser set forth below. 

			
	
	 
	Signature	 	
		
	Print name:	 	 
		
	Address:	 	
	 	 	 
	 	 	 
	 	 	 

  
 2 

 NOTICE OF TRANSFER 
 [To be signed only upon transfer of Warrant] 
 FOR VALUE RECEIVED, the undersigned
hereby sells, assigns and transfers unto the Assignee named below the rights and obligations represented by the within Warrant with respect to the number of shares of Warrant Stock of
                     set forth below: 
 Name of
Assignee                                
Address                                        
         No. of Shares 
 and appoints
                     attorney to transfer said right on the warrant register of
                     with full power of substitution in the premises. 

 

					
			
	Dated: ______________	 		 	  
		 		 	(Signature must conform in all respects to name of Holder as specified on the face of the Warrant)
			
		 		 	Address:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00194-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00194-of-00352.parquet"}]]