Company: GCL
Filing Date: 2025-04-08
Form Type: 424B3
Source: 0001213900-25-029989
Chunk: 276

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-08
Form: 424B3
Chunk 276
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       34 |     |   |     (473 | ) |
| Ending balance         |     | $ |  209,412 |     | $ |   51,755 |   |

Note 8 — Property and equipment, net

Property and equipment consist of the following:

|                                   |     |   | March 31, 
      2024 |   |     |   | March 31, 
      2023 |   |
|:----------------------------------|:----|:--|----------:|:--|:----|:--|----------:|:--|
| Office equipment                  |     | $ |   822,262 |   |     | $ |   701,442 |   |
| Furniture & Fitting               |     |   |    68,490 |   |     |   |    76,590 |   |
| Office and warehouse renovation   |     |   |   431,293 |   |     |   |   416,070 |   |
| Subtotal                          |     |   | 1,322,045 |   |     |   | 1,194,102 |   |
| Less: accumulated depreciation    |     |   |  (816,934 | ) |     |   |  (559,861 | ) |
| Total property and equipment, net |     | $ |   505,111 |   |     | $ |   634,241 |   |

Depreciation expenses for the years ended March 31,
2024 and 2023 were amounted to $320,308 and $297,069, respectively. The Company recognized loss from disposal of property and equipment
were $57,202, and $nil for the years ended March 31, 2024 and 2023, respectively.

<div align='center'>F-45

GCL GLOBAL LIMITED AND ITS SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</div>

Note 9 — Definite-lived Intangible assets, net

Definite-lived intangible assets consisted of the following:

|                                        |     |   |  March 31, 
       2024 |   |     |   | March 31, 
      2023 |   |
|:---------------------------------------|:----|:--|-----------:|:--|:----|:--|----------:|:--|
| Customer relationships                 |     | $ |