Anapass, Inc. - Sep 26, 2024 Form 4 Insider Report for GCT Semiconductor Holding, Inc. (GCTS)

Role: 10%+ Owner
Signature: /s/ JeeHye Kim, Chief Financial Officer
Stock symbol: GCTS
Transactions as of: Sep 26, 2024
Transactions value $: $2,239,641
Form type: 4
Date filed: 9/27/2024, 04:08 PM
Previous filing: Mar 27, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GCTS	Common Stock	Purchase	$2.24M	+742K	+10.19%	$3.02	8.02M	Sep 26, 2024	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GCTS	Warrant to Purchase Common Stock	Purchase	$0	+148K		$0.00	148K	Sep 26, 2024	Common Stock	148K	$3.02	Direct	F2, F3
holding	GCTS	Warrant to purchase Common Stock						937K	Sep 26, 2024	Common Stock	937K	$11.50	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to a Securities Purchase Agreement (the "Agreement"), dated as of September 26, 2024 by and between GCT Semiconductor Holding, Inc. (the "Issuer") and Anapass, Inc. (the "Reporting Person"), the Reporting Person acquired in a private placement transaction 741,603 shares of common stock, $0.0001 par value (the "Common Stock") of the Issuer.
F2	Pursuant to the Agreement, the Issuer issued to the Reporting Person a warrant, which entitles the Reporting Person to purchase 148,320 shares of Common Stock for $3.02 per share (the "Warrant").
F3	The Warrant is currently exercisable and will expire five years from September 26, 2024.
F4	The warrants reported herein are currently exercisable and will expire five years after the closing of the Issuer's business combination, as described in the Issuer's registration statement on Form S-4 (File No. 333-275522), as amended.