Company: GCL
Filing Date: 2025-09-04
Form Type: F-1
Source: 0001213900-25-084489
Chunk: 31

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-04
Form: F-1
Chunk 31
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 lack of control that may result if such integration is delayed or not implemented, and unforeseen 
 difficulties and expenditures that may arise in connection with integration;                                                      |

| ● | the difficulty in determining the appropriate purchase price of acquired companies may lead to the                               
 overpayment of certain acquisitions and the potential impairment of intangible assets and goodwill acquired in the acquisitions; |

| ● | the difficulty in successfully evaluating and utilizing the acquired products, technology, or personnel; |

| ● | acquisitions, investments, and joint ventures may require us to spend a significant amount of cash,                                
 to incur debt, resulting in increased fixed payment obligations and could also result in covenants or other restrictions on us, or 
 to issue capital stock, resulting in dilution of ownership of our shareholders;                                                    |

| ● | the need to implement controls, procedures, and policies appropriate for a larger, U.S. public company 
 as companies that prior to acquisition may not have as robust controls, procedures, and policies;      |

| ● | the difficulty in accurately forecasting and accounting for the financial impact of an acquisition                                
 transaction, including accounting charges and integrating and reporting results for acquired companies that have not historically 
 followed U.S. GAAP;                                                                                                               |

| ● | the fact that we may be required to pay contingent consideration in excess of the initial fair value,                              
 and contingent consideration may become payable at a time when we do not have sufficient cash available to pay such consideration; |

| ● | the fees and costs of legal, accounting, and other professional advisors engaged by us for such acquisitions, 
 which may be substantial;                                                                                     |

15

| ● | under purchase accounting, we may be required to write off deferred revenue                                                              
 which may impair our ability to recognize revenue that would have otherwise been recognizable which may impact our financial performance 
 or that of the acquired company;                                                                                                         |

| ● | risks associated with our expansion into new international markets and doing                                              
 business internationally, including those described under the caption “Our international operations are, and our strategy 
 to expand internationally will be, subject to increased challenges and risks”;                                            |

| ● | in the case of foreign acquisitions, the need to integrate operations across                                                         
 different regulatory environment, cultures and languages and to address the particular economic, currency, political, and regulatory 
 risks associated with specific countries;                                                                                            |

| ● | the potential loss of, or harm to, our relationships with employees, gamers,         
 content licensors, and other suppliers as a result of integration of new businesses; |

| ● |