Company: GCL
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-070094
Chunk: 164

Company: GCL Global Holdings Ltd
Filing Date: 2025-07-31
Form: 424B3
Chunk 164
---
 2025 | GCL GLOBAL HOLDINGS LTD 
 By:                     | /s/ Sebastian Toke                         |
|:--------------|:------------------------|:-------------------------------------------|
|               | Name:                   | Sebastian Toke                             |
|               | Title:                  | Group Chief Executive Officer and Director |

<div align='center'>99

GCL GLOBAL HOLDINGS LTD. AND ITS SUBSIDIARIES

INDEX TO CONSOLIDATED FINANCIAL STATEMENTS</div>

| Audited Financial Statements                                                                                            
 Report of Independent Registered Public Accounting Firm (Marcum Asia CPAs LLP, PCAOB ID 5395)                           
 Consolidated Balance Sheets as of March 31, 2025 and 2024                                                               
 Consolidated Statements of Operations and Comprehensive Income (Loss) for the years ended March 31, 2025, 2024 and 2023 |     | F-2 
 F-3 
 F-4 |
|:------------------------------------------------------------------------------------------------------------------------|:----|:----|
| Consolidated                                                                                                            
 Statements of Change in Shareholders’ Equity for the years ended March 31, 2025, 2024 and 2023                          |     | F-5 |
| Consolidated Statements of Cash Flows for the years ended March 31, 2025, 2024 and 2023                                 |     | F-6 |
| Notes                                                                                                                   
 to Consolidated Financial Statements                                                                                    |     | F-7 |

<div align='center'>F-1

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</div>

To the Shareholders and Board of Directors of

GCL Global Holdings Limited

Opinion on the Financial Statements

We have audited the accompanying consolidated
balance sheets of GCL Global Holdings Limited (the “Company”) as of March 31, 2025 and 2024, the related consolidated statements
of operations and comprehensive income (loss), changes in shareholders’ equity and cash flows for each of the three years
in the period ended March 31, 2025, and the related notes (collectively referred to as the “financial statements”). In our
opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of March 31, 2025
and 2024, and the results of its operations and its cash flows for each of three years in the period ended March 31, 2025, in conformity
with accounting principles generally accepted in the United States of America.