Company: GCL
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001213900-25-028608
Chunk: 324

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-03
Form: F-1
Chunk 324
---
 not include any impact of transaction synergies and is presented for informational purposes only and is not necessarily indicative
of the results of operations that would actually have been occurred had the business combination been consummated as of that time or
that may result in the future.

|                              |     | 2024 |         For the Six 
              Months 
 Ended September 30, |   |     | 2023 |                 For 
      the Six Months 
 Ended September 30, |   |
|:-----------------------------|:----|:-----|--------------------:|:--|:----|:-----|--------------------:|:--|
| Unaudited pro forma revenue  |     | $    |          50,905,705 |   |     | $    |          36,088,569 |   |
| Unaudited pro forma net loss |     | $    |            (802,442 | ) |     | $    |          (1,801,528 | ) |

The
following tables summarizes the consideration transferred to acquiring starry at the date of acquisition:

| Share issuance*                   |     | $ | 564,546 |
| Total consideration at fair value |     | $ | 564,546 |

<div align='center'>F-77

GCL GLOBAL LIMITED AND ITS SUBSIDIARIES

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS</div>

The
following table summarizes the fair value of the identifiable assets acquired and liabilities assumed at the acquisition date, which
represents the net purchase price allocation at the date of the acquisition of Starry:

|                             |     | Fair value  
 as of       
 acquisition 
 date        |         |   |
|:----------------------------|:----|:------------|--------:|:--|
| Total consideration         |     | $           | 564,546 |   |
| Less: net assets of Starry: |     |             |         |   |
| Cash                        |     |             | 128,843 |   |
| Inventory                   |     |             |  57,102 |   |
| Prepaid expense             |     |             |  34,202 |   |
| Deposit Paid                |     |             |     442 |   |
| Intangible asset            |     |             | 131,810 |   |
| Total assets                |     |             | 352,399 |   |
| Accounts payable            |     |