Company: GCL
Filing Date: 2025-04-08
Form Type: 424B3
Source: 0001213900-25-029989
Chunk: 136

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-08
Form: 424B3
Chunk 136
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 marketing and retail distribution of video
games software, game codes and other related consumer items in Hong Kong; and (b) 2Game, which is primarily engaged in the distribution
of video games and related products including digital content such as console game codes. Each of our Hong Kong subsidiaries has obtained
a business registration certificate under the Business Registration Ordinance (Chapter 310 of the Laws of Hong Kong) since incorporation
and the commencement of its business operations.

Regulations Related to Business Registration

The Business Registration Ordinance (Chapter 310
of the Laws of Hong Kong), administered by Business Registration Office, requires every person carrying on any business to make an application
to the Commissioner of Inland Revenue in the prescribed manner for the registration of that business within one month after the commencement
of business. The Commissioner of Inland Revenue must register each business for which a business registration application is made and
as soon as practicable after the prescribed business registration fee and levy are paid and issue a business registration certificate
or branch registration certificate for the relevant business or the relevant branch, as the case may be. Any person who fails to apply
for business registration shall be guilty of an offence and shall be liable for a fine of HK$5,000 and imprisonment for one year. As of
the date of this prospectus, each of the Hong Kong subsidiaries have obtained and maintains a valid business registration certificate.

Regulations Relating to Trade Description of Products

The Trade Descriptions Ordinance (Chapter 362 of
the Laws of Hong Kong) prohibits false descriptions, false, misleading or incomplete information in respect of goods provided in the course
of trade and to prohibit certain unfair trade practices. Under the Trade Descriptions Ordinance, it is an offence for a person, in the
course of trade or business, to apply a false or misleading trade description to any goods or supply any goods with false or misleading
trade descriptions, to forge any trademark or falsely apply any trademark to any goods, or to engage in relation to a consumer in a commercial
practice that is a misleading omission, aggressive, bait advertising, a bait and switch, or constitutes wrongly accepting payment for
a product.

A person who commits any such offense is subject
to, on conviction on indictment, a fine of up to HK$500,000 and imprisonment for five years and, on summary conviction, a fine of
HK$100,000 and imprisonment for two years.

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Regulations on Labor and Employment

The Employment