Company: GCL
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001213900-25-086274
Chunk: 264

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-09
Form: 424B3
Chunk 264
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 net

As of March 31, 2025 and 2024, other receivables
and other current assets, net comprised of the following:

|                                                       |     | 2025 | March 31, |   |     | 2024 | March 31, |   |
|:------------------------------------------------------|:----|:-----|----------:|:--|:----|:-----|----------:|:--|
| Deposits (i)                                          |     | $    |   273,041 |   |     | $    |    42,832 |   |
| Prepaid expenses (ii)                                 |     |      | 1,122,403 |   |     |      |    18,279 |   |
| Prepaid income tax (iii)                              |     |      |     1,812 |   |     |      |    23,366 |   |
| GST recoverable (iv)                                  |     |      |   209,880 |   |     |      |   232,367 |   |
| Other receivables (v)                                 |     |      |   153,809 |   |     |      |   197,102 |   |
| Less: allowance for credit loss                       |     |      |   (27,923 | ) |     |      |   (52,949 | ) |
| Total other receivables and other current assets, net |     | $    | 1,733,022 |   |     | $    |   460,997 |   |

| (i) | Deposits |

The balance of deposit mainly comprised deposits made for
rental and utility service of the Company.

| (ii) | Prepaid expenses |

The balance of prepaid expenses represented
prepayment for services, such as subscription fees, advertising expenses, and director & officer insurance.

<div align='center'>F-36

GCL GLOBAL HOLDINGS LTD AND ITS SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</div>

| (iii) | Prepaid income tax |

The balance of prepaid income tax
represents prepaid estimated income tax from the Company’s Singapore subsidiary.

| (iv) | GST recoverable |

The balance of GST recoverable represented
the amount of GST, which resulted from historical purchasing activities and could be further used for deducting future GST in Singapore.

| (v) | Other receivables |