GCT Semiconductor Holding, Inc. (GCTS.W) Warrant
Each GCTS.W warrant gives the holder the right to buy 1 share of GCT Semiconductor Holding, Inc. at $11.50 per share, until March 26, 2029. The stock last closed at $2.25, below the strike, so the warrant is out of the money. GCT Semiconductor Holding, Inc. has a market value of about $206.93M. There are 17.25M listed warrants; exercising all of them would add 18.8% to the 91.97M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
GCTS vs strike, last 12 months
No share-price history for GCTS yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2029-03-26
- Redemption trigger
- $18.00
- Cashless exercise
- no
- Break-even stock price
- $11.80
From the issuer's S-1/A (2024-05-23).
Company and stock
- Company
- GCT Semiconductor Holding, Inc.
- Underlying stock
- GCTS
- Share price
- $2.25
- Market cap
- $206.93M
- Shares outstanding
- 91.97M
- Value of all listed warrants
- $5.14M (2.5% of market cap)
Market cap is the last share price times shares outstanding (as of 2026-08-06). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.2977
- Price / model
Get Pro to see whether GCTS.W is cheap or rich against our model.
Dilution
- Shares outstanding
- 91.97M
- Listed warrants
- 17.25M
- Dilution if all exercised
- 18.8%
Warrant count from filing notes, read by hand (medium): Public Warrants (Concord III IPO warrants).
Filings and events
- Terms source: S-1/A
- Merger closed; the warrants became warrants of the combined company
Questions about GCTS.W
When does the GCTS.W warrant expire?
GCTS.W expires on March 26, 2029.
What is the strike price of GCTS.W?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can GCT Semiconductor Holding, Inc. redeem the GCTS.W warrants early?
Yes. The company can call them if the share price reaches $18.00 for the required period (usually 20 of 30 trading days).
How many GCTS.W warrants are outstanding?
17.25M listed warrants, equal to 18.8% dilution if all are exercised.