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

Role
10%+ Owner
Signature
/s/ JeeHye Kim, Chief Financial Officer
Issuer symbol
GCTS
Transactions as of
26 Sep 2024
Net transactions value
+$2,239,641
Form type
4
Filing time
27 Sep 2024, 16:08:53 UTC
Previous filing
27 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GCTS Common Stock Purchase $2,239,641 +741,603 +10% $3.02 8,017,466 26 Sep 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 +148,320 $0.000000 148,320 26 Sep 2024 Common Stock 148,320 $3.02 Direct F2, F3
holding GCTS Warrant to purchase Common Stock 937,350 26 Sep 2024 Common Stock 937,350 $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.