GCT Semiconductor (GCTS) Files $100M IPO

GCT Semiconductor, Inc. (Nasdaq: GCTS), filed a registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. The proposed maximum offering amount is $100 million. GCT Semiconductor plans to list on the Nasdaq Global Market under the ticker "GCTS."

The offering is being made through Goldman, Sachs & Co., BofA Merrill Lynch, Cowen and Company, and Oppenheimer & Co.

GCT Semiconductor is a fabless designer and supplier of advanced 4G mobile semiconductor solutions.

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