Company: GCL
Filing Date: 2025-08-27
Form Type: DRS
Source: 0001213900-25-080905
Chunk: 204

Company: GCL Global Holdings Ltd
Filing Date: 2025-08-27
Form: DRS
Chunk 204
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 DISTRIBUTION</div>

We are registering the ordinary
shares issuable upon conversion of the notes to permit the resale of these ordinary shares by the holders of the notes from time to time
after the date of this prospectus. We will not receive any of the proceeds from the sale by the Selling Shareholders of the ordinary
shares. We will bear all fees and expenses incident to our obligation to register the ordinary shares.

The Selling Shareholders
may sell all or a portion of the ordinary shares held by them and offered hereby from time to time directly or through one or more underwriters,
broker-dealers or agents. If the ordinary shares are sold through underwriters or broker-dealers, the Selling Shareholders will be responsible
for underwriting discounts or commissions or agent’s commissions. The ordinary shares may be sold in one or more transactions at
fixed prices, at prevailing market prices at the time of the sale, at varying prices determined at the time of sale or at negotiated
prices. These sales may be effected in transactions, which may involve crosses or block transactions, pursuant to one or more of the
following methods:

| ● | on                                                                                          
 any national securities exchange or quotation service on which the securities may be listed 
 or quoted at the time of sale;                                                              |

| ● | in                           
 the over-the-counter market; |

| ● | in                                                                                           
 transactions otherwise than on these exchanges or systems or in the over-the-counter market; |

| ● | through                                                                                      
 the writing or settlement of options, whether such options are listed on an options exchange 
 or otherwise;                                                                                |

| ● | ordinary                                                                                
 brokerage transactions and transactions in which the broker-dealer solicits purchasers; |

| ● | block                                                                                       
 trades in which the broker-dealer will attempt to sell the shares as agent but may position 
 and resell a portion of the block as principal to facilitate the transaction;               |

| ● | purchases                                                                        
 by a broker-dealer as principal and resale by the broker-dealer for its account; |

| ● | an                                                                             
 exchange distribution in accordance with the rules of the applicable exchange; |

| ● | privately                
 negotiated transactions; |

| ● | short                                                                                  
 sales made after the date the Registration Statement is declared effective by the SEC; |

| ● | broker-dealers                                                                                     
 may agree with a selling security holder to sell a specified number of such shares at a stipulated 
 price per share;                                                                                   |

| ● | a                                            
 combination of any such methods of sale; and |

| ● |