SAN JOSE, Calif.--(BUSINESS WIRE)--GCT® Semiconductor, Inc. (GCT) a leading fabless designer and supplier of advanced 4G mobile semiconductor solutions, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the offering have not yet been determined.
Goldman, Sachs & Co. and BofA Merrill Lynch are acting as book-running managers for the offering. Cowen and Company, LLC and Oppenheimer & Co, Inc. are acting as co-managers for the offering.
When available, a copy of the preliminary prospectus may be obtained from Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing prospectus-ny@ny.email.gs.com or from BofA Merrill Lynch, 4 World Financial Center, New York, NY 10080, Attn: Prospectus Department or by emailing dg.prospectus_requests@baml.com.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
About GCT Semiconductor, Inc.
GCT Semiconductor is a leading fabless designer and supplier of advanced 4G mobile solutions. GCT’s products are system-on-a-chip solutions that integrate radio frequency, baseband modem and digital signal processing functions onto a single die for the 4G LTE and WiMAX markets. GCT was the first to commercialize single-chip solutions for LTE and WiMAX and believes it is currently the only company selling fully-commercialized single-chip LTE solutions. GCT’s proprietary technology and system-level expertise enable us to provide complete 4G platform solutions, which are differentiated by their small form factors, low power consumption, high performance, high reliability and cost effectiveness.