GCT Semiconductor (GCTS) Announces $11M Share Offering at $1.71/sh
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GCT Semiconductor Announces $11 Million Registered Direct Offering
May 15, 2025 12:56 PM EDTSAN JOSE, Calif.--(BUSINESS WIRE)-- GCT Semiconductor Holding, Inc. (GCT or the Company) (NYSE: GCTS), a leading designer and supplier of advanced 5G and 4G semiconductor solutions, today announced that it has entered into a definitive agreement for the purchase and sale of an aggregate of 7,006,370 shares of its common stock and warrants to purchase up to 10,509,555 shares of common stock at a combined purchase price of $1.57 per share and accompanying warrant in a registered direct offering priced at the market under NYSE rules.
The warrants will have an exercise price of $1.71... More
