Company: GCL
Filing Date: 2025-05-22
Form Type: 424B3
Source: 0001213900-25-046609
Chunk: 91

Company: GCL Global Holdings Ltd
Filing Date: 2025-05-22
Form: 424B3
Chunk 91
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i) the business, properties, assets, liabilities, operations (including results thereof), condition (financial or otherwise) or prospects of the Company or any Subsidiary, individually or taken as a whole, (ii) the transactions contemplated hereby or in any of the other Transaction Documents or any other agreements or instruments to be entered into in connection herewith or therewith or (iii) the authority or ability of the Company or any of its Subsidiaries to perform any of their respective obligations under any of the Transaction Documents (as defined below).

(i) . Each of the Company’s direct and indirect subsidiaries as defined under Rule 405 (each a “Subsidiary”
and collectively, the “Subsidiaries”) has been identified on hereto, and each of the consolidated
entities which the Company controls and through which the Company conducts its operations in the People’s Republic of China (“PRC”)
by way of contractual arrangements (each an “Affiliated Entity” and collectively, the “Affiliated Entities”)
has been identified on hereto. Each of the Subsidiaries and Affiliated Entities has been duly incorporated, is
validly existing as a corporation in good standing under the laws of the jurisdiction of its incorporation, has the corporate power and
authority to own its property and to conduct its business; all of the equity interests of each Subsidiary have been duly and validly authorized
and issued, are owned directly or indirectly by the Company, are fully paid and non-assessable and, are free and clear of all liens, encumbrances,
equities or claims; all of the equity interests in each Affiliated Entity have been duly and validly authorized and issued, are fully
paid in accordance with its constitutive or organizational documents and non-assessable and are owned directly, free and clear of all
liens, encumbrances, equities or claims. None of the outstanding share capital or equity interest in any Subsidiary was issued in violation
of pre-emptive or similar rights of any security holder of such Subsidiary. All of the constitutive or organizational documents of each
of the Subsidiaries and Affiliated Entities comply with the requirements of applicable laws of its jurisdiction of incorporation or organization
and are in full force and effect. Apart from the Subsidiaries and Affiliated Entities, the Company has no direct or indirect Subsidiaries.

(ii) The
description of the corporate structure of the Company and