secwatch.observer — SEC 8-K summary
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Issuer:     GCT Semiconductor Holding, Inc. (GCTS)
CIK:        0001851961
Form:       8-K
Filed at:   2024-09-26T23:59:59+00:00
Accession:  0000929638-24-003250
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GCT Semiconductor raises ~$2.2M via private placement of common stock and warrants to Anapass
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- Sold 741,603 shares at $3.02/share and a warrant for 148,320 shares at same exercise price.
- Expected gross proceeds of approximately $2.2 million from the private placement.
- Warrant is immediately exercisable and expires five years from issuance date.
- Purchaser subject to 180-day lock-up; company to file resale registration statement on Form S-3 when eligible.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1851961/000092963824003250/0000929638-24-003250-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1851961/000092963824003250/form8k.htm
  HTML page:      https://secwatch.observer/filing/0000929638-24-003250

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer