Company: GCL
Filing Date: 2025-09-04
Form Type: F-1
Source: 0001213900-25-084489
Chunk: 22

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-04
Form: F-1
Chunk 22
---
3, respectively, was generated from game distributions. If we are unable to maintain a good relationship with such platform providers, if their terms and conditions or pricing change to our detriment, if we violate, or if a platform provider believes that we have violated, the terms and conditions of its platform, or if any of these platforms loses market share or falls out of favor, or is unavailable for a prolonged period of time, our business will suffer. We are subject to the standard and non-negotiated policies and terms of service/publisher agreements of third-party platforms, which govern the promotion, distribution, content, and operation generally of games on the platform. Each platform provider has broad discretion to unilaterally change and interpret its terms of service and other policies with respect to us and other developers, and those changes may be unfavorable to us. A platform provider may also change its fee structure, add fees associated with access to and use of its platform, alter how we are able to advertise on the platform, change how the personal information of its users is made available to application developers on the platform, limit the use of personal information for advertising purposes, or restrict how gamers can share information with their friends on the platform or across platforms. Our business could be harmed if:

| ● | the platform providers discontinue or limit our access to their platforms; |

| ● | governments or private parties, such as internet providers, impose bandwidth       
 restrictions, increase charges, or restrict or prohibit access to those platforms; |

| ● | the platforms increase the fees they charge us or change the ways in which their fees are determined; |

| ● | the platforms decline in popularity; |

| ● | the platforms block or limit access to the genres of games that we provide in any jurisdiction; |

| ● | the platforms change how the personal information of gamers is made available 
 to developers or develop or expand their own competitive offerings; or        |

| ● | we are unable to comply with the platform providers’ terms of service. |

Changes in the respective terms of service or policy changes of third-party platforms may decrease the visibility or availability of our games, limit our distribution capabilities, prevent access to our existing games, increase our costs to operate on these platforms, or result in the exclusion or limitation of our games. Any such changes could adversely affect our business, financial condition, or results of operations. In addition, third-party platforms typically impose certain file size limitations, restricting our ability to create software with additional features that would result in a larger file size than what the platform providers