Company: GCL
Filing Date: 2025-02-20
Form Type: 20FR12B
Source: 0001213900-25-015736
Chunk: 5

Company: GCL Global Holdings Ltd
Filing Date: 2025-02-20
Form: 20FR12B
Chunk 5
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 statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, our actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include:

| ● | the ability to recognize the                                                                                                           
 anticipated benefits of the Business Combination, which may be affected by, among other things, the ability of the Company to grow and 
 manage growth profitably, maintain relationships with customers, compete within its industry and retain its key employees;             |

| ● | future exchange and interest 
 rates;                       |

| ● | the Company is highly dependent                                            
 on the services of its Group Chairman of the Board and executive officers; |

| ● | the Company may experience                                        
 difficulties in managing its growth and expanding its operations; |

| ● | the outcome of any legal proceedings                                                                                           
 that may be instituted against the Company or others in connection with the Business Combination and the related transactions; |

| ● | the Company’s business                                                               
 largely depend on relationships with game studios, customers and platform providers. |

The risk factors and cautionary language referred to or incorporated by reference in this Report provide examples of risks, uncertainties and events that may cause actual results to differ materially from the expectations described in our forward-looking statements, including among other things, the items identified in the section entitled “Risk Factors” of the final prospectus, dated December 31, 2024, to the Company’s Registration Statement on Form F-4 (File No.: 333-280559) initially filed with the SEC on June 28, 2024, and declared effective by the SEC on December 30, 2024 (the “Form F-4”), which are incorporated by reference into this Report.

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DEFINED TERMS</div>

In this Report, 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 amended and restated memorandum and articles of association of the Company adopted prior to consummation of the Business Combination.

“Ancillary Agreements” means certain additional agreements