Company: GCL
Filing Date: 2025-03-17
Form Type: DRS
Source: 0001213900-25-024502
Chunk: 189

Company: GCL Global Holdings Ltd
Filing Date: 2025-03-17
Form: DRS
Chunk 189
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 vote per share on all matters to be voted on 
 by shareholders generally, including the appointment of directors;                        |

| ● | the                                                                                              
 holders of our Ordinary Shares are entitled to dividends and other distributions, as may         
 be declared from time to time by our board of directors out of funds legally available for       
 that purpose, if any, and pursuant to the PubCo Charter, all dividends unclaimed for three years 
 from the date the dividend became due for payment shall be forfeited and shall revert to         
 PubCo; and                                                                                       |

| ● | upon                                                                                            
 our liquidation, dissolution or winding up, the holders of Ordinary Shares will be entitled     
 to share ratably, in the distribution of all of our assets remaining available for distribution 
 after satisfaction of all our liabilities.                                                      |

Preference Shares

The rights, preferences and privileges of Ordinary Shares are subject to, and may be adversely affected by, the rights of the holders of any other class of shares that we may designate in the future having such rights as specified by the board of directors pursuant to the resolution of directors approving the creation of such class of shares. The directors shall not require any approval of the shareholders or any class of shareholders in respect of the creation or issuance of preference shares. However, any related amendment to the PubCo Charter will require approval of our shareholders by way of special resolution (which requires a majority of not less than two-thirds).

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Preemption

Holders of Ordinary Shares do not have any preemptive or other rights to subscribe for additional shares pursuant to the PubCo Charter.

Shareholders’ Meetings

The following summarizes certain relevant provisions of Cayman Islands law and the PubCo Charter in relation to our shareholders’ meetings:

| ● | the                                                                                               
 directors of PubCo may convene meetings of shareholders at such times and in such manner          
 and places within or outside the Cayman Islands as the directors consider necessary or desirable. 
 There is no requirement for PubCo to hold annual general meetings;                                |

| ● | our                                                                                       
 shareholders holding not less than twenty percent (20%) in par value of the issued shares 
 which as at that date carry the right to vote at general meetings shall have the ability  
 to requisition a general meeting.                                                         |

| ● | the                                                                                   
 directors convening a meeting of shareholders must give not less than ten days’ clear 
 notice of the proposed meeting;                                                       |

| ● | a                                                                                        
 shareholder may be represented at a meeting of shareholders by a proxy who