Company: GCL
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001213900-25-086274
Chunk: 53

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-09
Form: 424B3
Chunk 53
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 are beyond the control of us and shareholders.

Our share price may be volatile and could decline substantially.

The market price of our
Ordinary Shares may be volatile, both because of actual and perceived changes in our financial results and prospects, and because of
general volatility in the stock market. The factors that could cause fluctuations in our share price may include, among other factors
discussed in this section, the following:

| ● | actual or anticipated variations in the financial results and prospects of the 
 company or other companies in the gaming industry;                             |

| ● | changes in economic and financial market conditions; |

| ● | changes in the market valuations of other companies in the gaming industry; |

| ● | announcements by us or our competitors of new services, expansions, investments, 
 acquisitions, strategic partnerships or joint ventures;                          |

| ● | mergers or other business combinations involving us; |

| ● | additions and departures of key personnel and senior management; |

| ● | changes in accounting principles; |

| ● | the passage of legislation or other developments affecting us or our industry; |

| ● | the trading volume of the Ordinary Shares in the public market; |

| ● | the release                                                                                                                               
 of lockup, escrow or other transfer restrictions on our outstanding equity securities or sales of additional equity securities, including 
 sales of ordinary shares being offered and sold from time to time by the Selling Shareholders pursuant to this prospectus;                |

| ● | potential litigation or regulatory investigations; |

| ● | changes in financial estimates by research analysts; |

| ● | natural disasters, terrorist acts, acts of war or periods of civil unrest; and |

| ● | the realization of some or all of the risks described in this section. |

In addition, the stock markets
have experienced significant price and trading volume fluctuations from time to time, and the market prices of equity securities of businesses
in our and certain other industries may become extremely volatile and sometimes subject to sharp price and trading volume changes. These
broad market fluctuations may materially and adversely affect the market price of the Ordinary Shares.

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We may issue additional Ordinary Shares or other equity or convertible debt securities without approval of the holders of the Ordinary Shares, which would dilute existing ownership interests and may depress the market price of our Ordinary Shares.

We may issue additional
Ordinary Shares or other equity or convertible debt securities of equal or senior rank in the future without approval of the holders
of the Ordinary Shares in certain circumstances