Company: GCL
Filing Date: 2025-04-08
Form Type: 424B3
Source: 0001213900-25-029989
Chunk: 228

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-08
Form: 424B3
Chunk 228
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 the
judgements about carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ
from those estimates.

Fair value measurement:

The fair value of the Company’s
assets and liabilities, which qualify as financial instruments under ASC 820, “Fair Value Measurements and Disclosures,” approximates
the carrying amounts represented in the accompanying balance sheet, primarily due to their short-term nature.

Related parties and transactions

The Company identifies related
parties, and accounts for, discloses related party transactions in accordance with ASC 850, “Related Party Disclosures” and
other relevant ASC standards.

Parties, which can be a corporation
or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise
significant influence over the other party in making financial and operational decisions. Companies are also considered to be related
if they are subject to common control or significant influence.

NOTE 4 — RELATED PARTY TRANSACTIONS

| a. | Nature of relationships with related party |

| Name                            |     | Relationship with the Company |
| Epicsoft Asia Pte. Ltd. (“EPA”) |     | Common                        
 Shareholder                   |

<div align='center'>F-14

GCL GLOBAL HOLDINGS LTD

NOTES TO FINANCIAL STATEMENTS

(Amounts in U.S. Dollars, except for number of shares)</div>

| b. | Dues to related party |

Dues to a related party consists of the following:

|                               |     |            | As of September 30, 
                2024 |     |   |     As of 
 March 31, 
      2024 |
|:------------------------------|:----|:-----------|--------------------:|:----|:--|----------:|
|                               |     | -Unaudited |                     |     |   |           |
| Epicsoft Asia Pte. Ltd(“EPA”) |     | $          |               6,569 |     | $ |     4,619 |

As of September 30, 2024 and
March 31, 2024, the balance due to a related party was comprised of incorporation expense paid by the Company’s related party and
was used for working capital during the Company’s ordinary course of business.

NOTE 5 — EQUITY

The authorized number of ordinary
shares of the Company is 500,000,000 shares with par value of US$0.000