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GCT Semiconductor Director Shin Hyunsoo Buys 44,067 Shares at $1.51/Share.
ByAinvest
Tuesday, Sep 16, 2025 4:22 pm ET1min read
GCT Semiconductor Holding, Inc. [GCTS] has disclosed that Director Shin Hyunsoo has recently acquired 44,067 shares at a price of $1.51 per share on September 12, 2025.
GCT Semiconductor Holding, Inc. (NYSE: GCTS) has made significant strides in securing its financial future and expanding its market presence. On Thursday, the company announced a term loan agreement with Anapass, its largest shareholder and strategic investor, totaling approximately $10.7 million (KRW 15,000,000,000). This funding will be used to meet working capital requirements, including final production readiness and preparations for mass production and volume shipments of 5G chipsets [1].The debt financing carries an annual interest rate of 7.00%, payable monthly, and is set to mature in one year. This move underscores GCT's commitment to accelerating its production timeline and targeting the commencement of 5G chipset shipments in the fourth quarter of 2025. The company's stock has shown a positive reaction to the news, with shares trading up 2.66% premarket to $1.54 [1].
Separately, Director Shin Hyunsoo has recently acquired 44,067 shares at a price of $1.51 per share on September 12, 2025. This transaction reflects Hyunsoo's confidence in GCT's strategic direction and its potential for growth in the 5G market [1].
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