Company: GCL
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001213900-25-028608
Chunk: 355

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-03
Form: F-1
Chunk 355
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, redeemable                 |     | $              |        (0.18 | ) |     | $              |        (0.06 | ) |
| Weighted average shares outstanding, Class A and Class B common shares non-redeemable            |     |                |    3,075,000 |   |     |                |    3,075,000 |   |
| Basic and diluted net income (loss) per share, Class A and Class B common shares, non-redeemable |     | $              |        (0.18 | ) |     | $              |        (0.06 | ) |

<div align='center'>The accompanying notes are an integral part of the audited financial statements.

F-98

RF ACQUISITION CORP.

STATEMENT OF CHANGES IN STOCKHOLDERS’ DEFICIT

FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2024</div>

|                                                        |     | Class A       
 Common Shares 
 Shares        |           |     | Amount |     |     | Class B       
 Common Shares 
 Shares        |   |     | Amount |   |     | Additional 
 Paid-in    
 Capital    |   |     | Accumulated 
 Deficit     |            |   |     | Total         
 Stockholders’ 
 Deficit       |            |   |
|:-------------------------------------------------------|:----|:--------------|----------:|:----|:-------|----:|:----|:--------------|:--|:----|:-------|:--|:----|:-----------|:--|:----|:------------|:-----------|:--|:----|:--------------|:-----------|:--|
| Balance—December 31, 2023                              |     |               | 3,075,000 |     | $      | 308 |     |               | — |     | $      | — |     | $          | — |     | $           | (4,680,630 | ) |     | $             | (4,680,322 | ) |
| Accretion of Class A common stock to redemption amount |     |               |         — |     |        |   — |     |               | — |     |        | — |     |            | — |     |             | (1,646,341 | ) |     |               | (1,646,341 | ) |
| Net loss for the period