Company: GCL
Filing Date: 2025-08-27
Form Type: DRS
Source: 0001213900-25-080905
Chunk: 7

Company: GCL Global Holdings Ltd
Filing Date: 2025-08-27
Form: DRS
Chunk 7
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 connection with the Merger Agreement.

“PIPE Investor SPA” means the securities purchase agreement
entered into between the Company and PIPE Investor dated May 21, 2025 and as amended on August 26, 2025.

“Ban Leong”
means Ban Leong Technologies Limited, a Singapore company.

“Business Combination,”
“Transactions,” or “Merger” means, collectively, the transactions contemplated by the Merger Agreement and the
Ancillary Agreements.

“Closing” means
the closing of the Transactions.

“Closing Date”
means February 13, 2025.

“Code” means
the Internal Revenue Code of 1986, as amended.

“Companies Act”
means the Companies Act (As Revised) of the Cayman Islands as the same may be amended from time to time.

“Exchange Act”
means the Securities Exchange Act of 1934, as amended.

“GCL BVI” means
Grand Centrex Limited, a British Virgin Islands business company.

“GCL Global”
means GCL Global Limited, a Cayman Islands exempted company limited by shares.

“Merger Agreement”
means the Merger Agreement, dated as of October 18, 2023 (as amended on December 1, 2023, December 15, 2023, January 31, 2024, and September
30, 2024) by and among (i) the Company, (ii) RF Acquisition Corp., a Delaware corporation (“RFAC”), (iii) Grand Centrex Limited,
a British Virgin Islands business company (“GCL BVI”), (iv) GCL Global Limited, a Cayman Islands exempted company limited
by shares (“GCL Global”), and, (v) for the limited purposes set forth therein, RF Dynamic LLC, a Delaware limited liability
company (the “Sponsor”).

“Nasdaq” means
The Nasdaq Stock Market LLC.

“Ordinary Shares”
means, collectively, the ordinary shares of the Company, each with par value $0.0001 per share.

“RFAC” means
RF Acquisition Corp., a Delaware corporation.

“Registration Rights
Agreement” means the registration rights agreement, dated May 21, 2025, by and among the Company and the buyer named therein.

“Sarbanes-Oxley Act”
means the Sarbanes-Oxley Act of 2002, as may be amended.

“S$” and “SGD”
refer to Singapore dollars.

“SEC