Company: GCL
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001213900-25-028608
Chunk: 202

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-03
Form: F-1
Chunk 202
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 lock-up        
 as further described in “Shares Eligible for Future Sales.” RF Dynamic LLC is                       
 the record holder of the securities reported herein. Tse Meng Ng is the sole member and manager     
 of RF Dynamic LLC and has voting and investment discretion with respect to the securities           
 held of record by the Sponsor. Tse Meng Ng disclaims any beneficial ownership of any shares         
 held by the Sponsor except to the extent of his respective pecuniary interest therein. The          
 business address of RF Dynamic LLC is 111 Somerset Road, #05-06, Singapore 238164.                  |

<div align='center'>120

SELLING SHAREHOLDERS</div>

This prospectus relates to, among other things, the issuance from time to time by us of up to up to 16,500,000 Ordinary Shares, which consist of (i) up to 11,500,000 Ordinary Shares issuable upon the exercise of 11,500,000 Warrants, which were originally issued as RFAC Public Warrants, and (ii) up to 5,000,000 Ordinary Shares issuable upon the exercise of 5,000,000 Warrants, which were originally issued as RFAC Private Placement Warrants to the Sponsor and EBC.

This prospectus also relates to the resale from time to time by the Selling Shareholders named in this prospectus or their permitted transferees of (a) up to 83,456,793 Ordinary Shares, which consist of (i) 80,581,793 Ordinary Shares issued to Epicsoft Ventures in connection with the Business Combination at an implied purchase price of $10.00 per share; and (ii) 2,875,000 Ordinary Shares issued to the Sponsor, which were originally purchased by the Sponsor at approximately $0.009 per share; (b) up to 4,450,500 Ordinary Shares issuable upon the exercise of 4,450,500 Warrants, which were originally issued as RFAC Private Placement Warrants to the Sponsor at a price of $1.00 per warrant; and (c) up to 549,500 Ordinary Shares issuable upon the exercise of 549,500 Warrants, which were originally issued as RFAC Private Placement Warrants to EBC at a price of $1.00 per warrant. The Selling Shareholders may from time to time offer and sell any or all of the securities set forth below pursuant to this prospectus.

Upon expiration of a lock-up period which is twelve months after