secwatch.observer — SEC 8-K summary
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Issuer:     GCT Semiconductor Holding, Inc. (GCTS)
CIK:        0001851961
Form:       8-K
Filed at:   2025-05-16T23:59:59+00:00
Accession:  0001104659-25-049992
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GCT Semiconductor raises $11M in registered direct offering of shares and warrants
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- Sold 7,006,370 shares and warrants for up to 10,509,555 shares at $1.57/unit; gross proceeds ~$11M.
- Warrants exercisable at $1.71/share, starting six months from issuance, expiring five years later.
- Offering closed May 16, 2025; net proceeds for working capital and general corporate purposes.
- Roth Capital acted as placement agent with a 7% cash fee; 60-day lock-up for directors and officers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1851961/000110465925049992/0001104659-25-049992-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1851961/000110465925049992/tm2515305d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-049992

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