Company: GCL
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001213900-25-086274
Chunk: 12

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-09
Form: 424B3
Chunk 12
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us

This prospectus relates
to the resale from time to time of up to 15,105,000 Shares, comprised of (i) up to 14,480,000 ordinary shares by PIPE Investor issuable
upon the conversion of the Notes issued pursuant to a securities purchase agreement between the Company and PIPE Investor dated as of
May 21, 2025, and (ii) 625,000 ordinary shares by Teng.

Of the 15,105,000 Shares
being registered for resale hereby, 14,480,000 ordinary shares are being registered pursuant to registration rights granted to PIPE Investor
under the PIPE Investor SPA and the Registration Rights Agreement between the parties dated May 21, 2025. The Registration Rights Agreement
requires us to file a registration statement on or before August 21, 2026 to register those number of Ordinary Shares equal to the sum
of (i) 100% of the maximum number of ordinary shares issuable upon conversion of the Notes (assuming for purposes hereof that (w) all
Additional Notes issuable hereunder have been issued as of such date of determination, (x) the Notes are convertible at the Floor Price
(as defined in the Notes) as of such applicable date of determination, (y) interest on the Notes shall accrue through the third (3rd)
anniversary of the Initial Closing Date (as defined in the SPA) and will be converted in Ordinary Shares at a conversion price equal
to the Floor Price as of such applicable date of determination, and (z) any such conversion shall not take into account any limitations
on the conversion of the Notes set forth in the Notes), all subject to adjustment provided in the Notes (the “Required Registration
Amount”). The PIPE Investor SPA provides that the First Additional Closing for the Additional Note in the aggregate original principal
amount of $2,530,000 will take place on the date this registration statement is submitted to the SEC.

For so long as the effective
registration statement of which this prospectus forms a part is available for use, the Selling Shareholders can sell under this prospectus
an aggregate of up to 15,105,000 Ordinary Shares constituting approximately 10.7% of the issued and outstanding Ordinary Shares (assuming
all Notes registered under this registration statement are converted in full at the Floor Price equal to $0.48). Given the substantial
number of Ordinary Shares being registered for potential resale by the Selling Shareholders pursuant to this prospectus, the sale