Company: GCL
Filing Date: 2025-05-22
Form Type: 424B3
Source: 0001213900-25-046609
Chunk: 82

Company: GCL Global Holdings Ltd
Filing Date: 2025-05-22
Form: 424B3
Chunk 82
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 Additional Closings (as defined below), one or more
Notes with an aggregate original principal amount for all Additional Subsequent Closings not to exceed the maximum aggregate principal
amount as set forth opposite such Buyer’s name in column (5) on the Schedule of Buyers (which aggregate principal amount for all
Buyers for all Subsequent Additional Closings shall not exceed $40,070,000 (or such other amount as the Company and each Buyer shall mutually
agree in writing)) (each such closing of the purchase of such Notes, a “Subsequent Additional Closing”, and together
with the First Additional Closing, collectively, the “Additional Closings”, and individually, each an “Additional Closing”) (each Note issued at an Additional Closing, an “Additional Note”, and collectively, the “Additional Notes”, and together with the Initial Notes, the “Notes”) (the Conversion Shares issuable pursuant to the
terms of the Additional Notes, collectively, the “Additional Conversion Shares”, and collectively with the Initial
Conversion Shares, the “Conversion Shares”).

E. The
Notes and the Conversion Shares are collectively referred to herein as the “Securities.”

F. At
the Initial Closing, the parties hereto shall execute and deliver a Registration Rights Agreement, in the form attached hereto as Exhibit B (the “Registration Rights Agreement”), pursuant to which the Company has agreed to provide certain registration
rights with respect to the Registrable Securities (as defined in the Registration Rights Agreement), under the 1933 Act and the rules
and regulations promulgated thereunder, and applicable state securities laws.

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

NOW, THEREFORE, in consideration
of the premises and the mutual covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the Company and each Buyer hereby agree as follows:

1. PURCHASE
AND SALE OF NOTES.

(a) .

(i) . Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6(a) and 7(a) below, the Company
shall issue and sell to each Buyer, and each Buyer severally, but not jointly, agrees to purchase from the Company on the Initial Closing
Date (as defined below) an Initial Note in the original principal amount as is set forth opposite such Buyer’s name in column (3)
on the Schedule of Buyers (the “Initial Closing”).

(ii) . Subject to the satisfaction (or waiver)