Company: GCL
Filing Date: 2025-04-08
Form Type: 424B3
Source: 0001213900-25-029989
Chunk: 288

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-08
Form: 424B3
Chunk 288
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 |          |  45,806 |   |     |       |    45,806 |   |
| Total lease payments                            |     |           | 1,198,695 |   |     |          | 342,684 |   |     |       | 1,541,379 |   |
| Less: discount                                  |     |           |   (36,395 | ) |     |          | (35,051 | ) |     |       |   (71,446 | ) |
| Present value of lease liabilities              |     | $         | 1,162,300 |   |     | $        | 307,633 |   |     | $     | 1,469,933 |   |
| Present value of lease liabilities, current     |     | $         |   792,197 |   |     | $        |  72,868 |   |     | $     |   865,065 |   |
| Present value of lease liabilities, non-current |     | $         |   370,103 |   |     | $        | 234,765 |   |     | $     |   604,868 |   |

<div align='center'>F-53

GCL GLOBAL LIMITED AND ITS SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</div>

Note 17 — Commitments and contingencies

Legal

From time to time, the Company is party to certain
legal proceedings, as well as certain asserted and un-asserted claims. Amounts accrued, as well as the total amount of reasonably possible
losses with respect to such matters, individually and in the aggregate, are not deemed to be material to the consolidated financial statements.

Note 18 — Segment information

The Company presents segment information after elimination
of inter-Company transactions. In general, revenue, cost of revenue and operating expenses are directly attributable, or are allocated,
to each segment. The Company allocates costs and expenses that are not directly attributable to a specific segment, such as those that
support infrastructure across different segments, to different segments mainly on the basis of usage, revenue or headcount, depending
on the nature of the relevant costs and expenses. The Company does not allocate assets to its segments as the CODM does not evaluate the
performance of segments using asset information.

By assessing the qualitative and quantitative criteria
established by Accounting Standards Codification (“ASC”) 280, “