Company: GCL
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001213900-25-086274
Chunk: 218

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-09
Form: 424B3
Chunk 218
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6071 |     |      |      - |     |      |      - |
| Period-average AED: US$1 exchange rate |     |                                         | 3.6729 |     |      |      - |     |      |      - |

The Company accounts for
its business combinations using the acquisition method of accounting in accordance with ASC 805 “Business Combinations.”
The cost of an acquisition is measured as the aggregate of the acquisition date fair value of the assets transferred to the sellers and
liabilities incurred by the Company and equity instruments issued. Transaction costs directly attributable to the acquisition are expensed
as incurred. Identifiable assets and liabilities acquired or assumed are measured separately at their fair values as of the acquisition
date, irrespective of the extent of any non-controlling interests. The excess of (i) the total costs of acquisition, fair value
of the non-controlling interests and acquisition date fair value of any previously held equity interest in the acquiree over (ii) the
fair value of the identifiable net assets of the acquiree is recorded as goodwill. If the cost of acquisition is less than the fair value
of the net assets of the subsidiaries acquired, the difference is recognized directly in the consolidated statements of operation and
comprehensive income (loss). During the measurement period, which can be up to one year from the acquisition date, the Company may record
adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill. Upon the conclusion of the measurement
period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments
are recorded to the consolidated statements of operation and comprehensive income (loss).

For the Company’s
non-wholly owned subsidiaries, a non-controlling interest is recognized to reflect portion of equity that is not attributable, directly
or indirectly, to the Company. The cumulative results of operations attributable to non-controlling interests are also recorded as non-controlling
interests in the Company’s consolidated balance sheets and consolidated statements of operation and comprehensive income (loss).
Cash flows related to transactions with non-controlling interests are presented under financing activities in the consolidated statements
of cash flows.

The chief executive officer
is identified as the Company’s chief operating decision-maker who reviews financial information presented on a consolidated basis,
accompanied by disaggregated information about revenues by different revenues streams for purposes of allocating resources and evaluating
financial performance. Based on qualitative and quantitative criteria established by Accounting Standards Codification (“ASC”)
280, “Segment Reporting”, the Company