Company: GCL
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-070094
Chunk: 22

Company: GCL Global Holdings Ltd
Filing Date: 2025-07-31
Form: 424B3
Chunk 22
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 if we fail to successfully integrate or manage such transactions, our business,
financial condition, results of operations and prospects could be materially and adversely affected.

We plan to raise additional funds through sale of equity or convertible debt securities in order to fuel business growth.

To fuel the growth of our
business, we plan to raise financing through sale of equity or convertible debt securities in the near future. However, there is no assurance
that such financing will be available to us when needed, or if available, on terms that are favorable to us. Should the financing we require
be unavailable to us, or on terms unacceptable to us when we require it, we may have to delay, curtail or alter our strategic acquisition
or business plans, and as a result, our business, operating results, financial condition, and prospects could be materially adversely
affected.

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The terms of any securities
issued by us in future capital transactions may be more favorable to new investors, and may include preferences, superior voting rights
and the issuance of warrants or other derivative securities, which may have a further dilutive effect on the holders of any of our securities
then outstanding. In addition, we may incur substantial costs in pursuing future capital financing, including investment banking fees,
legal fees, accounting fees, securities law compliance fees, printing and distribution expenses and other costs. We may also be required
to recognize non-cash expenses in connection with certain securities we issue, such as convertible notes and warrants, which may adversely
impact our financial condition.

We are or may be subject to contractual covenants which place certain limitations on how we manage our business.

Certain credit agreements
we have with banks (the “Credit Agreement”) may limit our ability to take various actions, including incurring
additional debt, paying dividends, repurchasing shares, and acquiring or disposing of assets or businesses. Accordingly, we may be restricted
from taking actions that management believes would be desirable and in the best interests of us and our shareholders. Our Credit Agreement
also requires us to satisfy specified financial covenants and comply with other affirmative and negative covenants. A breach of any of
the covenants contained in our Credit Agreement could result in an event of default, which would allow our lenders to pursue various remedies,
including accelerating the repayment of any outstanding indebtedness under our Credit Agreement.

Risks Related to the Company’s International Operations, Legal and Regulatory Matters

Our business is subject to numerous legal and regulatory risks that could have an adverse impact