Company: GCL
Filing Date: 2025-03-17
Form Type: DRS
Source: 0001213900-25-024502
Chunk: 206

Company: GCL Global Holdings Ltd
Filing Date: 2025-03-17
Form: DRS
Chunk 206
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, if any, will be set forth by prospectus supplement to the extent required prior to the time of any offer or sale of such Selling Shareholder’s securities pursuant to this prospectus. Any prospectus supplement may add, update, substitute, or change the information contained in this prospectus, including the identity of each Selling Shareholder and the number of Ordinary Shares registered on its behalf. A Selling Shareholder may sell all, some or none of such securities in this offering. See the section titled “ Plan of Distribution.”

The calculations in the table below are based on 126,276,372 Ordinary Shares and 16,500,000 Warrants outstanding as of the date of this prospectus.

| Name of Selling Shareholder |     | Ordinary            
 Shares Beneficially 
 Owned               
 Prior to            
 this Offering       |            |     | % |      |   |     | Ordinary          
 Shares Registered 
 for Sale in       
 this Offering     |            |     | Ordinary            
 Shares beneficially 
 owned               
 after this          
 Offering            |   |     | % |   |
| Epicsoft Ventures Ltd.(1)   |     |                     | 80,581,793 |     |   | 63.8 | % |     |                   | 80,581,793 |     |                     | - |     |   | - |
| RF Dynamic LLC(2)           |     |                     |  7,325,500 |     |   |  5.8 | % |     |                   |  7,325,500 |     |                     | - |     |   | - |
| EarlyBirdCapital Inc.(3)    |     |                     |    549,500 |     |   |    - |   |     |                   |    549,500 |     |                     | - |     |   | - |

Notes:

| * | Represents                            
 beneficial ownership of less than 1%. |

| (1) | Comprises                                                                                     
 of 80,581,793 Ordinary Shares issued to Epicsoft Ventures Ltd. as merger consideration, which 
 are subject to lock-up restrictions as further described in “Shares Eligible for Future       
 Sales.” The address of Epicsoft Ventures is 29 Tai Seng Ave., #02-01, Singapore 534119.       |

| (2) | Shares                                                                                            
 beneficially owned is comprised of (i) 2,875,000 Ordinary Shares issued to the Sponsor in         
 exchange for the same number of shares of RF