Company: GCL
Filing Date: 2025-09-05
Form Type: F-1/A
Source: 0001213900-25-085150
Chunk: 190

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-05
Form: F-1/A
Chunk 190
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 | 100% owned by GCL Global SG |
| Hainan GCL Technology Co. Ltd. (“Hainan GCL”)  |     | ●       A PRC Company ●       Incorporated on July 26, 2024 ●       Distribution of console game code               |     | 100% owned by GCL Global SG |
| 2 Game Pro LTDA (“2Game Brazil)                |     | ●       A Brazil Company ●       Incorporated on August 25, 2023 ●       Distribution of console game code          |     | 100% owned by 2Game         |
| 2 Game Digital DMCC (“2Game Dubai”)            |     | ●       A Dubai Company ●       Incorporated on October 1, 2024 ●       Distribution of console game code           |     | 100% owned by 2Game         |

| (1) | On April 12, 2023, Titan Digital acquired 100% equity interest in Starry from Debbie Soon Rui Yi (“Debbie”), the spouse of Jianhao Tan, the Chief Executive Officer (“CEO”) of Titan Digital, through issuance of 17,648 or 15% of Titan Digital’s ordinary shares to Debbie. As a result, the Company’s equity interest in Titan Digital was reduced from 100% to 85% upon completion of the acquisition of Starry. (see Note 4) |

| (2) | On July 14, 2023, Starlight was dissolved due to cessation of operation since September 2021. |

| (3) | On September 4, 2023, Titan Digital acquired 100% equity interest of Martiangear from two third-parties for cash consideration of $148,000 and share consideration of 53,711 ordinary shares by GCL BVI.   On December 12, 2024, Titan Digital sold all of its equity interest in Martiangear to GCL Global SG for a total consideration of SGD 10. |

| (4) | On March 19, 2025, GCL Global SG acquired an additional 10% equity interest in 2Game for a total consideration of $1,200,000. As a result of this acquisition, GCL Global SG increased its equity interest in 2Game from 51% to 61% (See Note 19). |

F-9 GCL GLOBAL HOLDINGS LTD AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATE