Company: GCL
Filing Date: 2025-07-08
Form Type: 424B3
Source: 0001213900-25-062059
Chunk: 20

Company: GCL Global Holdings Ltd
Filing Date: 2025-07-08
Form: 424B3
Chunk 20
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 if any, of such requesting persons or        
 entities, other than the Holder, which can be sold without exceeding the Maximum Number of Securities; (B) second, to the extent that          
 the Maximum Number of Securities has not been reached under the foregoing clause (A), the Warrant Shares of the Holder exercising its          
 rights to register its Warrant Shares pursuant to Section 5.2(a), which can be sold without exceeding the Maximum Number of Securities;        
 (C) third, to the extent that the Maximum Number of Securities has not been reached under the foregoing clauses (A) and (B), the Ordinary      
 Shares or other equity securities that PubCo desires to sell, which can be sold without exceeding the Maximum Number of Securities; and        
 (D) fourth, to the extent that the Maximum Number of Securities has not been reached under the foregoing clauses (A), (B) and (C), the         
 Ordinary Shares or other equity securities for the account of other persons or entities that PubCo is obligated to register pursuant to        
 separate written contractual arrangements with such persons or entities, which can be sold without exceeding the Maximum Number of Securities. |

| (c) | Piggyback Registration Withdrawal. The Holder shall have the right to withdraw from a Piggyback                                               
 Registration for any or no reason whatsoever upon written notification to PubCo and the Underwriter or Underwriters (if any) of its intention 
 to withdraw from such Piggyback Registration prior to the effectiveness of the Registration Statement filed with the Commission with respect  
 to such Piggyback Registration. PubCo (whether on its own good faith determination or as the result of a request for withdrawal by persons    
 pursuant to separate written contractual obligations) may withdraw a Registration Statement filed with the Commission in connection with      
 a Piggyback Registration at any time prior to the effectiveness of such Registration Statement. Notwithstanding anything to the contrary      
 in this Agreement, PubCo shall be responsible for the Registration Expenses incurred in connection with the Piggyback Registration prior      
 to its withdrawal under this Section 5.2 (c).                                                                                                 |

| 5.3 | General Procedures. If at any time PubCo is required to effect the Registration of the Warrant                                                
 Shares, PubCo shall use its best efforts to effect such Registration to permit the sale of the Warrant Shares in accordance with the intended 
 plan of distribution thereof, and pursuant thereto PubCo shall, as expeditiously as possible:                                                 |

| (a) | prepare and file with the Commission as soon