Company: GCL
Filing Date: 2025-04-08
Form Type: 424B3
Source: 0001213900-25-029989
Chunk: 308

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-08
Form: 424B3
Chunk 308
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The
Company reviews the carrying value of intangible assets not subject to amortization, including goodwill, to determine whether impairment
may exist annually or more frequently if events and circumstances indicate that it is more likely than not that an impairment has occurred.
Management has determined that the Company has two reporting unit within the entity at which goodwill is monitored for internal management
purposes.

The
table below summarizes the changes in the carrying amount of goodwill for each reporting unit:

|                                           |     | Console 
 Game    |           |     | Publishing |   |     | Media       
 Advertising 
 service     |   |     | Others |         |     | Total |           |
|:------------------------------------------|:----|:--------|----------:|:----|:-----------|:--|:----|:------------|:--|:----|:-------|--------:|:----|:------|----------:|
| Balance at March 31, 2023                 |     | $       | 2,047,154 |     | $          | - |     | $           | - |     | $      |       - |     | $     | 2,047,154 |
| Acquired goodwill                         |     |         |   674,367 |     |            | - |     |             | - |     |        | 268,873 |     |       |   943,240 |
| Impairments                               |     |         |         - |     |            | - |     |             | - |     |        |       - |     |       |         - |
| Balance at March 31, 2024                 |     |         | 2,721,521 |     |            | - |     |             | - |     |        | 268,873 |     |       | 2,990,394 |
| Acquired goodwill                         |     |         |         - |     |            | - |     |             | - |     |        |       - |     |       |         - |
| Impairments                               |     |         |         - |     |            | - |     |             | - |     |        |       - |     |       |         - |
| Balance at September 30, 2024 (Unaudited) |     | $       | 2,721,521 |     | $          | - |     | $           | - |     | $      | 268,873 |