Company: GCL
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001213900-25-086274
Chunk: 61

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-09
Form: 424B3
Chunk 61
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 Transaction. See “Unaudited 
 Pro Forma Condensed Combined Financial Information” for more details.                       |

|                                            |     | As of March 31, 2025 |            |     |           |            |
|:-------------------------------------------|:----|:---------------------|-----------:|:----|:----------|-----------:|
|                                            |     | Actual               |            |     | Pro forma |            |
| Cash, cash equivalents and restricted cash |     | $                    | 21,378,715 |     | $         | 27,260,434 |
| Debt:                                      |     |                      |            |     |           |            |
| Bank Loans, current                        |     | $                    | 10,500,085 |     | $         | 15,872,474 |
| Bank Loans, non-current                    |     |                      |  1,421,139 |     |           | 35,812,676 |
| Total indebtedness                         |     | $                    | 11,921,224 |     | $         | 51,685,150 |
| Total shareholders’ equity                 |     | $                    | 36,957,262 |     | $         | 36,957,262 |
| Total capitalization                       |     | $                    | 48,878,486 |     | $         | 88,642,412 |

The information in this
table should be read in conjunction with the financial statements and notes thereto and other financial information included in this
prospectus and any prospectus supplement and the information in the section titled “GCL Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the section titled “Unaudited Pro Forma Condensed Combined Financial Information.”

<div align='center'>UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION</div>

On April 30, 2025, GCL Global Holdings Ltd (“GCL”)
announced that its indirect wholly-owned subsidiary, Epicsoft Asia Pte. Ltd. (the “Offeror”), made a voluntary conditional
cash offer to acquire 100% of the issued shares of Ban Leong Technologies Limited (“Ban Leong”) (SGX: B26) at S$0.6029 per
share (approximately US$0.4484). The total estimated consideration for the transaction is approximately US$48.3 million, which was financed
through a secured term loan facility from