Company: GCL
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-070094
Chunk: 211

Company: GCL Global Holdings Ltd
Filing Date: 2025-07-31
Form: 424B3
Chunk 211
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the “SPA”) with three
unrelated parties to acquire a 51% equity interest in 2Game. 2Game, incorporated in Hong Kong, primarily engages in the distribution of
game codes and other related consumer items. Pursuant to the SPA, the Company is obligated to pay an aggregate of up to $6,120,000 consideration
which consist of following five tranches to the aforementioned three parties upon certain conditions are met.

| ● | Tranche                                                              
 1 — A cash consideration of $6,550 is to be paid upon the completion 
 of the acquisition of 2Game.                                         |

| ● | Tranche                                                                          
 2 — A consideration of $2,993,450, comprised of 67% in cash and 33%              
 in shares, is to be issued upon the successful listing on the US capital market. |

| ● | Tranche                                                                                  
 3 — A consideration of $800,000, comprising 67% in cash and 33% in                       
 shares, is to be paid upon 2Game’s achievement in a gross revenue target of $19,400,000  
 and a Net Profit After Tax (NPAT) of $714,273 for the fiscal year ending March 31, 2023. |

| ● | Tranche                                                                                    
 4 — A consideration of $1,000,000, comprising 67% in cash and 33%                          
 in shares, is to be paid upon 2Game’s achievement in a gross revenue target of $31,072,773 
 and an NPAT of $893,201 for the fiscal year ending March 31, 2024.                         |

| ● | Tranche                                                                                    
 5 — A consideration of $1,320,000, comprising 67% in cash and 33%                          
 in shares, is to be paid upon 2Game’s achievement in a gross revenue target of $37,852,287 
 and an NPAT of $1,238,956 for the fiscal year ending March 31, 2025                        |

Under Tranche 3 to 5, in the event that either one or both the gross revenue and NPAT are below the gross revenue target and NPAT target, the consideration shares shall be reduced on a pro rata basis.

Additionally, in the event of 2Game’s net profit after tax (“NPAT”) is in excess of