{"schema_version":"secwatch.filing_event.v1","accession":"0000929638-25-003426","form_type":"8-K","ticker":"GCTS","cik":"0001851961","company_name":"GCT Semiconductor Holding, Inc.","filed_at":"2025-09-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.359959+00:00","generated_at":"2026-05-17T06:54:19.462313+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"GCT Semiconductor secures $10.7M term loan from largest shareholder for 5G production ramp-up","bullets":["Loan of up to $10.7M (KRW 15B) from Anapass, Inc. at 7% annual interest, maturing September 10, 2026.","Proceeds to fund working capital and final production readiness for 5G chipset volume shipments.","5G chipset sampling completed with positive feedback from Orbic and Airspan; shipments targeted for Q4 2025.","Loan is senior secured and fully funded upon closing."],"urls":{"canonical":"https://secwatch.observer/filing/0000929638-25-003426","json":"https://secwatch.observer/filing/0000929638-25-003426.json","markdown":"https://secwatch.observer/filing/0000929638-25-003426.md","text":"https://secwatch.observer/filing/0000929638-25-003426.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1851961/000092963825003426/0000929638-25-003426-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1851961/000092963825003426/form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:54:19.462313+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7adcf29713b56e67792eb033cc4338540d46a44d","claim":"GCT Semiconductor Holding, Inc. incurred term loan of ₩15.0 billion South Korean Won (or approximately USD $10.7 million) with Anapass, Inc. at 7.0% per annum maturing September 10, 2026.","evidence_excerpt":"The September Loan Agreement provides for a term loan facility of an aggregate principal amount of up to ₩15.0 billion South Korean Won (or approximately USD $10.7 million) (the “September Loan”). The September Loan will bear interest of 7.0% per annum and mature on September 10, 2026.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1851961/000092963825003426/0000929638-25-003426-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"₩15.0 billion South Korean Won (or approximately USD $10.7 million)"},{"label":"Counterparty","value":"Anapass, Inc."},{"label":"Rate","value":"7.0% per annum"},{"label":"Maturity","value":"September 10, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}