Company: GCL
Filing Date: 2025-04-08
Form Type: 424B3
Source: 0001213900-25-029989
Chunk: 9

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-08
Form: 424B3
Chunk 9
---
AC Private Placement Warrants, in each case, at a price        
 of $1.00 per RFAC Private Placement Warrant, generating gross proceeds of $4,550,000, and         
 the private placement occurring at the exercise of the over-allotment option, pursuant to         
 which RFAC issued and sold to the Sponsor an additional 400,500 RFAC Private Placement Warrants   
 and sold to EBC an additional 49,500 RFAC Private Placement Warrants, in each case, at a          
 price of $1.00 per RFAC Private Placement Warrant, generating additional gross proceeds of        
 $450,000.                                                                                         |

<div align='center'>v</div>

| ● | “RFAC                                                                                   
 Private Placement Warrants” means the warrants purchased in the RFAC Private Placement. |

| ● | “RFAC                                                                                 
 Public Shares” means the shares of RFAC Class A Common Stock sold as part of the RFAC 
 Units in the IPO.                                                                     |

| ● | “RFAC                                                     
 Public Stockholder” means a holder of RFAC Public Shares. |

| ● | “RFAC                                                                                    
 Public Warrants” means the RFAC warrants sold as part of the RFAC Units in the IPO,      
 each warrant entitling its holder to purchase one share of RFAC Class A Common Stock for 
 $11.50 per share.                                                                        |

| ● | “RFAC                                                                                    
 Public Rights” or “RFAC Rights” means the RFAC rights sold as part of the                
 RFAC Units in the IPO, each right entitling its holder to receive one-tenth of one share 
 of RFAC Class A Common Stock upon the consummation of an initial business combination.   |

| ● | “RFAC                                                                                    
 Units” means units of RFAC, each unit comprising one share of RFAC Class A Common Stock, 
 one RFAC Public Right, and one RFAC Public Warrant.                                      |

| ● | “RFAC                                                                         
 Warrants” means the RFAC Public Warrants and RFAC Private Placement Warrants. |

| ● | “SEC”                                              
 means the U.S. Securities and Exchange Commission. |

| ● | “Securities                                        
 Act” means the Securities Act of 1933, as amended. |

| ● | “SPAC                                                        
 Merger” means the merger of Merger Sub 2 with and into RFAC. |

| ● | “Sponsor”                                                   
 means RF Dynamic LLC, a Delaware