Company: GCL
Filing Date: 2025-04-08
Form Type: 424B3
Source: 0001213900-25-029989
Chunk: 280

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-08
Form: 424B3
Chunk 280
---
 demand |        |   |         — |     |   |    19,104 |
| Starry                        |                        | Debbie, the CEO of this entity is the spouse of Jianhao Tan who is the CEO    
 of Titan Digital                                                              |              | Interest free loan due on demand |        |   |         — |     |   |     3,219 |
| 4Divinity Limited (Hong Kong) |                        | Choo See Wee, the CEO of the Company, is the major shareholder of this entity |              | Interest free loan due on demand |        |   |         — |     |   |    22,895 |
| Total                         |                        |                                                                               |              |                                  |        | $ |    21,880 |     | $ | 2,132,520 |

| * | As of the date of the issuance of these consolidated financial statements, the amount due from related parties has been fully repaid. |

<div align='center'>F-47

GCL GLOBAL LIMITED AND ITS SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</div>

Accounts payable, a related party

|                  | Name of related party |                            | Relationship |   |     As of 
 March 31, 
      2024 |     |   |     As of 
 March 31, 
      2023 |
|:-----------------|:----------------------|:---------------------------|:-------------|:--|----------:|:----|:--|----------:|
| SEGA Corporation |                       | Shareholder of the Company |              | $ | 6,567,480 |     | $ | 4,065,721 |

Amount due to related parties

|                            | Name of related party |                            | Relationship |           | Nature |   |     As of 
 March 31, 
      2024 |     |   |     As of 
 March 31, 
      2023 |
|:---------------------------|:----------------------|:---------------------------|:-------------|:----------|:-------|:--|----------:|:----|:--|----------:|
| Choo See Wee (“Jacky”)     |                       | Chairman of the Company    |              | Loan form 
 Director  |        | $ |   482,252 |     | $ |    24,615 |
| Joseph Thomas Van Heeswijk |                       | Shareholder of the Company |              |