Company: GCL
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-070094
Chunk: 252

Company: GCL Global Holdings Ltd
Filing Date: 2025-07-31
Form: 424B3
Chunk 252
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   |
| Other operating expenses                                         |     |                                   |            |   |     |            |           |   |     |             |           |   |     |       |     14,415 |   |
| Professional fee                                                 |     |                                   |            |   |     |            |           |   |     |             |           |   |     |       |    694,381 |   |
| Other income (expense), net                                      |     |                                   |            |   |     |            |           |   |     |             |           |   |     |       |    (41,693 | ) |
| Change in fair value of contingent consideration for acquisition |     |                                   |            |   |     |            |           |   |     |             |           |   |     |       |    932,152 |   |
| Income (loss) before income taxes                                |     |                                   |            |   |     |            |           |   |     |             |           |   |     | $     |  2,760,812 |   |

| * | Other operating expenses primarily consist of office, entertainment,                   
 travel, and other costs incurred in connection with the Company’s business operations. |

<div align='center'>F-56

GCL GLOBAL HOLDINGS LTD AND ITS SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</div>

As of March 31, 2025, the
Company’s total assets comprised of $83,105,479 for sale of console game, hardware and accessories, $15,553,582 for game publishing,
$938,881 for advertising services, and $1,989,641 for other and unallocated. For the year ended March 31, 2025, capital expenditures comprised
of $159,495 for sale of console game, hardware and accessories and $1,056 for advertising services.

As of March 31, 2024, the
Company’s total assets comprised of $41,359,537 for sale of console game, hardware and accessories, $7,042,024 for game publishing,
$957,031 for advertising services, and $199,652 for other and unallocated. For the year ended March 31, 2024, capital expenditures comprised
of $243,012 for sale of console game, hardware and accessories, $15,267 for advertising services, and $19,366 for other and unallocated.

As of