Company: GCL
Filing Date: 2025-08-27
Form Type: DRS
Source: 0001213900-25-080905
Chunk: 6

Company: GCL Global Holdings Ltd
Filing Date: 2025-08-27
Form: DRS
Chunk 6
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 or less than the total amount and certain percentages may add up to be more or less than 100% due to rounding.
In particular and without limitation, amounts expressed in millions contained in this prospectus have been rounded to a single decimal
place for the convenience of readers.

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INDUSTRY AND MARKET DATA</div>

This prospectus contains
estimates and other information concerning our industry, including market size and growth of the market in which we participate, that
are derived from various public sources. This information involves a number of assumptions and limitations, and you are cautioned not
to give undue weight to these estimates.

Industry publications, research, studies and forecasts generally state
that the information they contain has been obtained from sources believed to be reliable, but that the accuracy and completeness of such
information is not guaranteed. In some cases, we do not expressly refer to the sources from which these estimates and information are
derived. While we have compiled, extracted, and reproduced industry data from these sources, we have not independently verified the data.
Forecasts and other forward-looking information obtained from these sources are subject to the same qualifications and uncertainties as
the other forward-looking statements in this prospectus. These forecasts and forward-looking information are subject to uncertainty and
risk due to a variety of factors, including those described under “Risk Factors,” “Cautionary Note Regarding Forward-Looking Statements” and “GCL Management’s Discussion and Analysis of Financial Condition and Results of Operations” in this prospectus. These and other factors could cause results to differ materially from those expressed in
any forecasts or estimates.

<div align='center'>iii

FREQUENTLY USED TERMS</div>

In this prospectus, unless the context otherwise requires, the “GCL,”
“GCL Group,” “Company” and references to “we,” “us,” or similar such references should
be understood to be references to GCL Global Holdings Ltd and its subsidiaries and consolidated affiliated entities (“Group Subsidiaries,”
each a “Group Subsidiary”).

In this prospectus, unless
otherwise stated, references to:

“$,” “USD,”
“US$” and “U.S. dollar” each refers to the United States dollar.

“Amended and Restated Memorandum and Articles of Association”
means the Company’s current amended and restated memorandum and articles of association.

“Ancillary Agreements”
means certain additional agreements entered into or to be entered into pursuant to or in