Company: GCL
Filing Date: 2025-04-30
Form Type: 424B3
Source: 0001213900-25-037646
Chunk: 10

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-30
Form: 424B3
Chunk 10
---
curring brokerage and other trading costs                                                                 |

As set out in paragraph 9 below, the
Offer Price represents a premium of approximately 63.9%, 69.3%, 73.4% and 75.5% over the volume-weighted average price (“VWAP”)
per Share for the one (1)-month period, three (3)-month period, six (6)-month period and 12-month period respectively up to and including
29 April 2025 being the last full day of trading of the Shares prior to the date of this Offer Announcement (“Last Trading Day”).
The Offer Price also represents a premium of 60.8% over the last transacted price per Share on the Last Trading Day.

The Offer presents Shareholders with
a clean cash exit opportunity to realise their entire investment in the Shares at a premium over the prevailing trading prices of the
Shares without incurring brokerage and other trading costs.

| 6.5 | Opportunity for Shareholders who may find it difficult to exit their investment in the Company due 
 to low trading liquidity                                                                           |

The trading volume of the Shares has
been low, with an average daily trading volume of approximately 18,607 Shares, 51,439 Shares, 35,836 Shares and 33,439 Shares during the
one (1)-month period, three (3)-month period, six (6)-month period and 12-month period respectively up to and including the Last Trading
Day. Each of these represents less than approximately 0.048% of the total number of issued Shares (excluding treasury shares) as at the
Offer Announcement Date.

The Offer therefore provides Shareholders
who find it difficult to exit their investment in the Company as a result of the low trading volume in the Shares with an opportunity
to realise their entire investment in the Shares at a premium over the prevailing market prices, an option which would not otherwise be
readily available to Shareholders given the low trading liquidity of the Shares.

| 6.6 | Greater Management Flexibility |

If the Company is delisted and privatised,
the Offeror is of the view that the delisting and privatisation of the Company will provide the Offeror and the Company with greater control
and management flexibility in utilising and deploying the available resources of the Company.

<div align='center'>10</div>

| 6.7 | Costs of maintaining listing status |

In maintaining its listed status,
the Company incurs compliance and associated costs relating to continuing