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

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
27 Sep 2024, 16:08:53 UTC
Prior SEC filing
27 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ JeeHye Kim, Chief Financial Officer

Key filing fact

Anapass, Inc. filed Form 4 for GCT Semiconductor Holding, Inc. (GCTS) on 27 Sep 2024.

Key facts

  • This page summarizes Anapass, Inc.'s Form 4 filing for GCT Semiconductor Holding, Inc. (GCTS).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 27 Sep 2024, 16:08.

Change

  • Previous filing in this sequence was filed on 27 Mar 2024.
  • Current net transaction value: +$2,239,641.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GCTS transaction

Common Stock

Purchase

Transaction value
$2,239,641
Shares
+741,603
Change %
+10%
Price
$3.02
Shares after
8,017,466
Date
26 Sep 2024
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GCTS transaction Derivative

Warrant to Purchase Common Stock

Purchase

Transaction value
$0
Shares
+148,320
Change %
Price
$0.000000
Shares after
148,320
Date
26 Sep 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
148,320
Exercise price
$3.02
Footnotes
F2, F3
GCTS holding Derivative

Warrant to purchase Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
937,350
Date
26 Sep 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
937,350
Exercise price
$11.50
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote 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").

Footnote F3

The Warrant is currently exercisable and will expire five years from September 26, 2024.

Footnote 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.

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