Company: GCL
Filing Date: 2025-09-04
Form Type: F-1
Source: 0001213900-25-084489
Chunk: 2

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-04
Form: F-1
Chunk 2
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 Leong Technologies Pte. Ltd. (“Teng” together with ATW, collectively, the “Selling Shareholders”), an indirect wholly-owned subsidiary of the Company. We are not selling any securities under this prospectus and will not receive any proceeds from the sale of the Shares by the Selling Shareholders. The Selling Shareholders may sell the Shares from time to time in public or private transactions, at fixed or negotiated prices.. See “Plan of Distribution.” We will bear all reasonable costs, expenses, and fees in connection with the registration of the Shares. We are registering up to 14,480,000 of the Shares on behalf of ATW to satisfy certain registration rights that the Company granted in connection with the issuance of the Notes. The Notes are convertible at the option of the holders into Ordinary Shares at a conversion price of $2.16, subject to certain anti-dilution adjustments. Given the substantial number of Shares being registered for potential resale by the Selling Shareholders pursuant to this prospectus, the sale of shares by the Selling Shareholders, or the perception in the market that the holders of a large number of our ordinary shares intend to sell their shares, could increase the volatility of, or result in a significant decline in, the public trading price of our securities. See “ Shares Eligible for Future Sales” for more details. Our registration of the securities covered by this prospectus does not mean that either we will issue, or the Selling Shareholders will offer or sell, as applicable, any of the securities. The Selling Shareholders may offer, sell or distribute all or part of the securities registered hereby for resale from time to time through public or private transactions at either prevailing market prices or at privately negotiated prices. The securities are being registered to permit the Selling Shareholders to sell the securities from time to time, in amounts, at prices and on terms determined at the time the Selling Shareholders offer and sell the securities covered by this prospectus. The Selling Shareholders may offer and sell the securities covered by this prospectus through ordinary brokerage transactions, directly to market makers of our securities or through any other means described in the section entitled “ Plan of Distribution” herein. In connection with any sales of the securities offered hereunder, the Selling Shareholders, any underwriters, agents, brokers or dealers participating in such sales may be deemed to be “underwriters” within the meaning of the Securities Act of 1933, as amended (the “Securities Act”). We will pay certain fees in connection with the registration of the