---
schema_version: "secwatch.filing_event.v1"
accession: "0000929638-25-000430"
form_type: "8-K"
ticker: "GCTS"
cik: "0001851961"
company_name: "GCT Semiconductor Holding, Inc."
filed_at: "2025-01-29T23:59:59+00:00"
generated_at: "2026-05-27T07:17:59.224312+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# GCT Semiconductor secures ₩6.5B ($4.5M) loan from Chairman at 12% interest, matures Feb 2025

## Summary
- Borrower GCT Research (wholly owned subsidiary) entered a Loan Agreement with Chairman Kyeongho Lee for up to ₩6.5B (≈$4.5M) at 12% annual interest.
- January Loan matures February 24, 2025; late payment penalty is 3% of unpaid principal per month.
- Amendment to November 2024 loan (₩4B) increased penalty from 1.25% to 3% per month; all other terms unchanged.
- Interest on both loans capped so total payments to Chairman do not exceed $120,000 in any 12-month period.

## SEC filing metadata
- accession: 0000929638-25-000430
- form_type: 8-K
- ticker: GCTS
- cik: 0001851961
- company_name: GCT Semiconductor Holding, Inc.
- filed_at: 2025-01-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1851961/000092963825000430/0000929638-25-000430-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1851961/000092963825000430/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000929638-25-000430
- JSON: https://secwatch.observer/filing/0000929638-25-000430.json
- Plain text: https://secwatch.observer/filing/0000929638-25-000430.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.