Company: GCL
Filing Date: 2025-03-17
Form Type: DRS
Source: 0001213900-25-024502
Chunk: 152

Company: GCL Global Holdings Ltd
Filing Date: 2025-03-17
Form: DRS
Chunk 152
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 is against public policy as expressed in the Securities Act and is therefore unenforceable.

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SELECTED HISTORICAL FINANCIAL INFORMATION AND OPERATING DATA</div>

The following tables set forth selected historical financial information of GCL Global included elsewhere in this prospectus, derived from GCL Global’s audited consolidated financial statements as of September 30, 2024, March 31, 2024 and 2023, and for the six months ended September 30, 2024 and 2023, and for the years ended March 31, 2024 and 2023.

The financial data set forth below should be read in conjunction with, and is qualified by reference to, “ The Company’s Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the financial statements and notes thereto, included elsewhere in this prospectus are prepared and presented in accordance with U.S. GAAP. GCL Global’s historical results are not necessarily indicative of future results.

| Condensed consolidated balance sheets                        |     | September 30, 
 2024          |            |     | March 31, 
 2024      |            |     | 2023 |            |
|:-------------------------------------------------------------|:----|:--------------|-----------:|:----|:----------|-----------:|:----|:-----|-----------:|
| Current assets                                               |     | $             | 40,514,256 |     | $         | 32,566,905 |     | $    | 29,238,762 |
| Total assets                                                 |     | $             | 62,425,441 |     | $         | 49,558,244 |     | $    | 47,823,975 |
| Total current liabilities                                    |     | $             | 45,911,681 |     | $         | 30,395,238 |     | $    | 25,098,249 |
| Total liabilities                                            |     | $             | 46,615,216 |     | $         | 32,933,085 |     | $    | 30,504,182 |
| Ordinary shares subject to possible redemption               |     | $             |    700,000 |     | $         |    700,000 |     | $    |    163,905 |
| Total stockholders’ equity                                   |     | $             | 15,110,225 |