Company: GCL
Filing Date: 2025-07-08
Form Type: 424B3
Source: 0001213900-25-062059
Chunk: 27

Company: GCL Global Holdings Ltd
Filing Date: 2025-07-08
Form: 424B3
Chunk 27
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5 | Ordinary Shares and Warrant Shares. PubCo has authorised sufficient shares                                                                      
 of Ordinary Shares to allow for the exercise of this Warrant, and will not take or permit any action that would result in an increase           
 in the number of the Warrant Shares issuable upon exercise of this Warrant without first properly authorising and reserving any additional      
 shares of Ordinary Shares necessary to comply with this Section 6.5. All Ordinary Shares to be issued and delivered to the Holder in accordance 
 with Article 2 shall be, upon issuance and delivery, duly authorised and validly issued and fully paid and non-assessable, issued in compliance 
 with all applicable state and federal securities laws, free and clear of all Liens, other than restrictions arising from Applicable Law,        
 the Organisational Documents of PubCo, and the provisions of this Warrant.                                                                      |

| 6.6 | Listing. The Ordinary Shares have been registered pursuant to Section 12(b)                                                                     
 of the Exchange Act and the Ordinary Shares outstanding on the date hereof are listed on the Principal Market. PubCo has taken no action        
 designed to, or likely to have the effect of, terminating the registration of the Ordinary Shares under the Exchange Act or the listing         
 of the Ordinary Shares on the Principal Market, nor has PubCo received any notification that the Commission or the Principal Market is          
 contemplating terminating such registration or listing. To its knowledge, PubCo is in compliance with applicable continued listing requirements 
 of the Principal Market in all material respects.                                                                                               |

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| 6.7 | Reports. Since the date of this Warrant, PubCo has timely filed all reports,                                                                 
 registrations, documents, filings, statements and submissions, together with any amendments thereto, that it was required to file with       
 any Governmental Authority prior to the date hereof (the foregoing, collectively, the “Company Reports”) and has paid                        
 all fees and assessments due and payable in connection therewith, except, in each case, as would not, individually or in the aggregate,      
 reasonably be expected to have a material adverse effect on PubCo. As of their respective dates of filing, the Company Reports complied      
 in all material respects with all statutes and applicable rules and regulations of the applicable Governmental Authority. In the case        
 of each such Company Report filed with or furnished to the Commission, such Company Report (a) did not, as of its date or if amended prior   
 to the date here