Company: GCL
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001213900-25-028608
Chunk: 42

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-03
Form: F-1
Chunk 42
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 that we currently face, including risks associated with:

| ● | inability to offer certain games in certain foreign countries; |

| ● | recruiting and retaining talented and capable management and employees in foreign countries; |

| ● | challenges caused by distance, language, and cultural differences; |

| ● | developing and customizing games and other offerings that appeal to the tastes and preferences of gamers 
 in international markets;                                                                                |

| ● | competition from local game makers with intellectual property rights and significant market share in those 
 markets and with a better understanding of gamer preferences;                                              |

| ● | obtaining, utilizing, protecting, defending, and enforcing our intellectual property rights; |

| ● | negotiating agreements with local distribution platforms that are sufficiently economically beneficial 
 to us and protective of our rights;                                                                    |

| ● | the inability to extend proprietary rights in our brand, content, or technology into new jurisdictions; |

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| ● | compliance with applicable foreign laws and regulations, including laws relating to content and consumer 
 protection;                                                                                              |

| ● | compliance with anti-bribery laws, including the Foreign Corrupt Practices Act; |

| ● | credit risk and higher levels of payment fraud; |

| ● | currency exchange rate fluctuations; |

| ● | protectionist laws and business practices that favor local businesses in some countries; |

| ● | double taxation of our international earnings and potentially adverse tax consequences due to changes 
 in the tax laws of the U.S. or the foreign jurisdictions in which we operate;                         |

| ● | political, economic, and social instability; |

| ● | public health crises, such as the COVID-19 pandemic and other future health epidemics or contagious disease                
 outbreaks, which can result in varying impacts to our employees, gamers, vendors, and commercial partners internationally; |

| ● | higher costs associated with doing business internationally; |

| ● | export or import regulations; and |

| ● | trade and tariff restrictions. |

If we are unable to manage
the complexity of our global operations successfully, our business, financial condition, and operating results could be adversely affected.
Additionally, our ability to successfully gain market acceptance in any particular market is uncertain, and the distraction of our senior
management team could harm our business, financial condition, or results of operations. Please refer to “Business — Regulations Applicable to the Company” for further information.

Any failure by us or our vendors to comply with applicable anti-money laundering or other related laws and regulations could damage its business, reputation, financial