Company: GCL
Filing Date: 2025-04-08
Form Type: 424B3
Source: 0001213900-25-029989
Chunk: 38

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-08
Form: 424B3
Chunk 38
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 partners do not fulfill their obligations.                 |

<div align='center'>17</div>

The benefits of an acquisition,
investment, or joint venture may also take considerable time to develop, and we cannot be certain that any particular transaction will
produce the intended benefits, which could adversely affect our business, financial condition, or results of operations. Our ability to
grow through future acquisitions, investments, and joint ventures will depend on the availability of suitable candidates at an acceptable
cost, our ability to compete effectively to attract these candidates, and the availability of financing to complete larger transactions.
In addition, depending upon the duration and extent of shelter-in-place, travel and other business restrictions adopted by us and imposed
by various governments in response to the COVID-19 pandemic or other future health epidemics or contagious disease outbreaks, we may encounter
challenges in evaluating future acquisitions, investments, and joint ventures and integrating personnel, business practices, and company
cultures from acquired companies. Acquisitions, investments, and joint ventures could result in potential dilutive issuances of equity
securities, use of significant cash balances or incurrence of debt (and increased interest expense), contingent liabilities or amortization
expenses related to intangible assets, or write-offs of goodwill or intangible assets, which could adversely affect our results of operations
and dilute the economic and voting rights of our stockholders.

We plan to raise additional funds through sale of equity or convertible debt securities in order to fuel business growth.

To fuel the growth of our
business, we plan to raise financing through sale of equity or convertible debt securities in the near future. However, there is no assurance
that such financing will be available to us when needed, or if available, on terms that are favorable to us. Should the financing we require
be unavailable to us, or on terms unacceptable to us when we require it, we may have to delay, curtail or alter our strategic acquisition
or business plans, and as a result, our business, operating results, financial condition, and prospects could be materially adversely
affected.

The price per share at which
we sell additional Ordinary Shares or securities convertible into our Ordinary Shares in future transactions may be higher or lower than
the price per share paid to the Selling Shareholders. The terms of any securities issued by us in future capital transactions may be more
favorable to new investors, and may include preferences, superior voting rights and the issuance of warrants or other derivative securities,
which may have a further dilutive effect on the holders of any