Company: GCL
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-070094
Chunk: 42

Company: GCL Global Holdings Ltd
Filing Date: 2025-07-31
Form: 424B3
Chunk 42
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road market fluctuations may materially and adversely affect the market price of the Ordinary Shares.

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We may issue additional Ordinary Shares or other equity or convertible debt securities without approval of the holders of the Ordinary Shares, which would dilute existing ownership interests and may depress the market price of our Ordinary Shares.

We may issue additional Ordinary
Shares or other equity or convertible debt securities of equal or senior rank in the future without approval of the holders of the Ordinary
Shares in certain circumstances. Our issuance of additional Ordinary Shares or other equity or convertible debt securities of equal or
senior rank would have the following effects: (1) our existing shareholders’ proportionate ownership interest may decrease; (2)
the amount of cash available per share, including for payment of dividends in the future, may decrease; (3) the relative voting power
of each previously outstanding Ordinary Shares may be diminished; and (4) the market price of the Ordinary Shares may decline.

Volatility in our share price could subject us to securities class action litigation.

The market price of our Ordinary
Shares may be volatile and, in the past, companies that have experienced volatility in the market price of their shares have been subject
to securities class action litigation. We may be the target of securities class action litigation and investigations. Securities litigation
against us could result in substantial costs and divert management’s attention from other business concerns, which could adversely
affect our business, financial condition and results of operations.

The requirements of being a public company may strain our resources, divert our management’s attention and affect our ability to attract and retain qualified board members.

As a public company, we are
subject to the reporting requirements of the Exchange Act, the Sarbanes-Oxley Act, the Dodd-Frank Act, listing requirements of Nasdaq
and other applicable securities rules and regulations. As such, we have incurred and expect to continue to incur relevant legal, accounting
and other expenses, and these expenses may increase even more if we no longer qualify as an “emerging growth company,” as
defined in Section 2(a) of the Securities Act. The Exchange Act requires, among other things, that we file annual and current reports
with respect to our business and results of operations. The Sarbanes-Oxley Act requires, among other things, that we maintain effective
disclosure controls and procedures and internal control over financial reporting. We may need to hire more employees or engage outside
consultants to comply with these requirements, which will increase our