Company: GCL
Filing Date: 2025-04-08
Form Type: 424B3
Source: 0001213900-25-029989
Chunk: 277

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-08
Form: 424B3
Chunk 277
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  4,594,812 |   |     | $ | 4,742,000 |   |
| License                                |     |   |    139,865 |   |     |   |         — |   |
| Trademark                              |     |   |    224,809 |   |     |   |         — |   |
| Less: accumulated amortization         |     |   | (1,686,260 | ) |     |   |  (517,902 | ) |
| Total definite-lived intangible assets |     | $ |  3,273,226 |   |     | $ | 4,224,098 |   |

Amortization expense for the years ended March 31,
2024 and 2023 was amounted to $1,168,358 and $517,902, respectively.

The following table sets forth the Company’s amortization
expense for the next five years ending:

|                                                    |     | Amortization expenses |           |
|:---------------------------------------------------|:----|:----------------------|----------:|
| Twelve months ending March 31, 2025                |     | $                     | 1,054,311 |
| Twelve months ending March 31, 2026                |     |                       | 1,045,682 |
| Twelve months ending March 31, 2027                |     |                       | 1,041,288 |
| Twelve months ending March 31, 2028                |     |                       |   106,103 |
| Twelve months ending March 31, 2029 and thereafter |     |                       |    25,842 |
| Total                                              |     | $                     | 3,273,226 |

Note 10 — Bank Loans

Outstanding balance of banking facilities consisted of the
following:

| Bank name            
 United Overseas Bank 
 Limited (“UOB”)      |     | Maturity date 
 July 2025     |     | Interest rate 
 2.5%          |     | Collateral/Guarantee                                                                                                                           
 Personal Guarantee by Choo See Wee, the Chairman of the Company, and Play-E Corporation Pte. Ltd, which Choo See Wee is the major shareholder. |     | March 31, 
 2024      |   826,000 |     | March 31, 
 2023      |  1,448,518 |
|:---------------------|:----|:--------------