Company: GCL
Filing Date: 2025-09-04
Form Type: F-1
Source: 0001213900-25-084489
Chunk: 179

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-04
Form: F-1
Chunk 179
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 Shareholders. The second column lists the number of ordinary shares beneficially owned by the Selling Shareholders, based on its ownership of ordinary shares and notes, as of August 26, 2025, assuming conversion of the notes held by ATW on that date but taking account of any limitations on conversion set forth therein. The third column lists the ordinary shares being offered by this prospectus by the Selling Shareholders and does not take in account any limitations on conversion of the notes set forth therein. In accordance with the terms of a registration rights agreement with the holders of the notes, this prospectus generally covers the resale of the sum of 100% of the maximum number of ordinary shares issued or issuable pursuant to the notes, including payment of interest on the notes through the third anniversary of the issuance date of such notes, in each case, determined as if the outstanding notes (including interest thereon) were converted in full (without regard to any limitations on conversion contained in the notes, solely for the purpose of such calculation) at the $0.48 floor price of the notes calculated as of the trading day immediately preceding the date this registration statement was initially filed with the SEC. Because the conversion price and alternate conversion price of the notes may be adjusted, the number of shares that will actually be issued may be more or less than the number of shares being offered by this prospectus. The fourth column assumes the sale of all of the shares offered by the Selling Shareholders pursuant to this prospectus. Under the terms of the notes, a Selling Shareholders may not convert the notes to the extent (but only to the extent) such Selling Shareholders or any of its affiliates would beneficially own a number of shares of our ordinary shares which would exceed 9.99% of the outstanding shares of the Company. The number of shares in the second column reflects these limitations. The Selling Shareholders may sell all, some or none of their shares in this offering. See “Plan of Distribution.”

| Name of Selling Shareholders |     | Number of    
 Ordinary     
 Shares       
 Beneficially 
 Owned        
 Prior to     
 Offering     |            |     | Maximum     
 Number of   
 Ordinary    
 Shares to   
 be Sold     
 Pursuant to 
 this        
 Prospectus  |            |    |     | Number of    
 Ordinary     
 Shares       
 Beneficially 
 Owned After  
 Offering(2)  |   |
| ATW Interactive              
 Ventures, LLC(1)             |     |              | 12,186,801 |     |             |