---
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"
generated_at: "2026-05-17T06:54:19.462313+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# GCT Semiconductor secures $10.7M term loan from largest shareholder for 5G production ramp-up

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000929638-25-003426
- JSON: https://secwatch.observer/filing/0000929638-25-003426.json
- Plain text: https://secwatch.observer/filing/0000929638-25-003426.txt

## Key facts
- Debt Financings
  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.
  - Instrument: term loan
  - Principal: ₩15.0 billion South Korean Won (or approximately USD $10.7 million)
  - Counterparty: Anapass, Inc.
  - Rate: 7.0% per annum
  - Maturity: September 10, 2026
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1851961/000092963825003426/0000929638-25-003426-index.htm

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