GCT Semiconductor Holding, Inc.
For the period ended Dec 31, 2024. Filed Mar 25, 2025.
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FY2024 · Filed Mar 25, 2025
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Item 9B. Other Information
(a)
On March 21, 2025, GCT Research, Inc. (“Borrower”), a wholly owned subsidiary of GCT Semiconductor Holding, Inc. (“the Company”) entered into a Loan Agreement (the “March Loan Agreement”) with Anapass, Inc., (the “Lender”). The March Loan Agreement provides for a term loan facility of an aggregate principal amount of up to₩4.5 billion South Korean Won (or USD $3.1 million)(the “March Loan”). The March Loan will bear interest of 6.5% per annum and mature on March 21, 2026.
(b)
No officer, as defined in Rule 16a-1(f), or director adopted and/orterminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as defined in Item 408 of Regulation S-K, during the fourth fiscal quarter of 2024.
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