Company: GCL
Filing Date: 2025-05-22
Form Type: 424B3
Source: 0001213900-25-046609
Chunk: 203

Company: GCL Global Holdings Ltd
Filing Date: 2025-05-22
Form: 424B3
Chunk 203
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any of the other the Transaction Documents. Each Investor shall be entitled to independently protect and enforce its rights, including,
without limitation, the rights arising out of this Agreement or out of any other Transaction Documents, and it shall not be necessary
for any other Investor to be joined as an additional party in any proceeding for such purpose. The use of a single agreement with respect
to the obligations of the Company contained herein was solely in the control of the Company, not the action or decision of any Investor,
and was done solely for the convenience of the Company and not because it was required or requested to do so by any Investor. It is expressly
understood and agreed that each provision contained in this Agreement and in each other Transaction Document is between the Company and
an Investor, solely, and not between the Company and the Investors collectively and not between and among Investors.

<div align='center'>[signature page follows]

23</div>

IN WITNESS WHEREOF, each Buyer and the Company
have caused their respective signature page to this Registration Rights Agreement to be duly executed as of the date first written above.

| COMPANY:                |        |                         |
| GCL GLOBAL HOLDINGS LTD |        |                         |
| By:                     |        |                         |
|                         | Name:  | Sebastian Toke          |
|                         | Title: | Chief Executive Officer |

IN WITNESS WHEREOF, each Buyer and the Company
have caused their respective signature page to this Registration Rights Agreement to be duly executed as of the date first written above.

| BUYERS: |        |                      |
| [●]     |        |                      |
| By:     |        |                      |
|         | Name:  | [●]                  |
|         | Title: | Authorized Signatory |

IN WITNESS WHEREOF,
each Buyer and the Company have caused their respective signature page to this Registration Rights Agreement to be duly executed as of
the date first written above.

| [OTHER BUYERS] |        |
| By:            |        |
|                | Name:  |
|                | Title: |

EXHIBIT A

______________________
______________________
______________________
Attention: _____________

Re:GCL Global Holdings
Ltd.

Ladies and Gentlemen:

[We are][I am] counsel to GCL
Global Holdings Ltd., an exempted company incorporated under the laws of the Cayman Islands (the “Company”), and have
represented the Company in connection with that certain Securities Purchase Agreement (the