Company: GCL
Filing Date: 2025-07-08
Form Type: 424B3
Source: 0001213900-25-062059
Chunk: 23

Company: GCL Global Holdings Ltd
Filing Date: 2025-07-08
Form: 424B3
Chunk 23
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 in form and substance reasonably satisfactory to PubCo, prior to the release or disclosure of       
 any such information; and provided further, PubCo may not include the name of the Holder or Underwriter or any information                  
 regarding the Holder or Underwriter in any Registration Statement or Prospectus, any amendment or supplement to such Registration Statement 
 or Prospectus, any document that is to be incorporated by reference into such Registration Statement or Prospectus, or any response to      
 any comment letter, without the prior written consent of the Holder or Underwriter and providing the Holder or Underwriter a reasonable     
 amount of time to review and comment on such applicable document, which comments PubCo shall include unless contrary to applicable law;     |

| (k) | obtain a “cold comfort” letter from PubCo’s independent registered public accountants                                                      
 in the event of an Underwritten Offering which the Holder may rely on, in customary form and covering such matters of the type customarily 
 covered by “cold comfort” letters as the managing Underwriter may reasonably request, and reasonably satisfactory to the Holder;           |

| (l) | on the date the Warrant Shares are delivered for sale pursuant to such Registration, obtain an opinion,                                   
 dated such date, of counsel representing PubCo for the purposes of such Registration, addressed to the Holder, the placement agent or     
 sales agent, if any, and the Underwriters, if any, covering such legal matters with respect to the Registration in respect of which such  
 opinion is being given as the Holder, placement agent, sales agent, or Underwriter may reasonably request and as are customarily included 
 in such opinions and negative assurance letters, and reasonably satisfactory to the Holder;                                               |

| (m) | in the event of any Underwritten Offering, enter into and perform its obligations under an underwriting 
 agreement, in usual and customary form, with the managing Underwriter of such offering;                 |

| (n) | make available to its security holders, as soon as reasonably practicable, an earnings statement covering                         
 the period of at least twelve (12) months beginning with the first day of PubCo’s first full calendar quarter after the effective 
 date of the Registration Statement which satisfies the provisions of Section 11(a) of the Securities Act and Rule 158 thereunder  
 (or any successor rule promulgated thereafter by the Commission);                                                                 |

| (o) | if the Registration involves the Registration of Warrant Shares involving gross proceeds in excess of                          
 US$50,000,000, use