Business Context and Reporting Period
This Form 8-K reports on the results of the 2025 Annual Meeting of Stockholders for GCT Semiconductor Holding, Inc., held on September 18, 2025. The Company is incorporated in Delaware and its common stock (GCTS) and warrants (GCTS.WS) trade on the NYSE.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and shareholder voting outcomes.
Material Changes and Voting Results
Stockholders voted on three proposals at the Annual Meeting:
- Proposal 1 (Election of Directors): All management nominees were elected.
- Nelson C. Chan: 30,546,750 For; 1,074,731 Withheld.
- Dr. Kukjin Chun: 30,700,657 For; 920,824 Withheld.
- Proposal 2 (Ratification of Auditor): Stockholders ratified the appointment of BPM LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
- Results: 32,620,731 For; 3,990 Against; 985,375 Abstain.
- Proposal 3 (Equity Line of Credit): Stockholders approved the issuance of common stock in excess of 19.99% of outstanding shares pursuant to the Company's equity line of credit facility to comply with NYSE rules.
- Results: 30,629,198 For; 79,294 Against; 912,989 Abstain.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, management outlook, specific risks, or contingencies beyond the standard disclosure of the voting process.
Key Facts for Investor Verification
- Confirmation that BPM LLP is the appointed auditor for the fiscal year ending December 31, 2025.
- Verification of the terms and current utilization of the equity line of credit facility approved under Proposal 3.
- Review of the Company's most recent 10-K or 10-Q for financial performance data, as this 8-K contains no financial metrics.