Company: GCL
Filing Date: 2025-05-22
Form Type: 424B3
Source: 0001213900-25-046609
Chunk: 67

Company: GCL Global Holdings Ltd
Filing Date: 2025-05-22
Form: 424B3
Chunk 67
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 each
day during the Equity Conditions Measuring Period, no public announcement of a pending, proposed or intended Fundamental Transaction shall
have occurred which has not been abandoned, terminated or consummated; (vii) the Company shall have no knowledge of any fact that would
reasonably be expected to cause (1) any Registration Statement required to be filed pursuant to the Registration Rights Agreement to not
be effective or the prospectus contained therein to not be available for the resale of the applicable Required Minimum Securities Amount
of Registrable Securities in accordance with the terms of the Registration Rights Agreement or (2) any Registrable Securities to not be
eligible for sale pursuant to Rule 144 without the need for registration under any applicable federal or state securities laws (in each
case, disregarding any limitation on conversion of the Notes, other issuance of securities with respect to the Notes) and no Current Public
Information Failure exists or is continuing; (viii) the Holder shall not be in (and no other holder of Notes shall be in) possession of
any material, non-public information provided to any of them by the Company, any of its Subsidiaries or any of their respective affiliates,
employees, officers, representatives, agents or the like; (ix) on each day during the Equity Conditions Measuring Period, the Company
otherwise shall have been in compliance with each, and shall not have breached any representation or warranty in any material respect
(other than representations or warranties subject to material adverse effect or materiality, which may not be breached in any respect)
or any covenant or other term or condition of any Transaction Document, including, without limitation, the Company shall not have failed
to timely make any payment pursuant to any Transaction Document; (x) on each Trading Day during the Equity Conditions Measuring Period,
there shall not have occurred any Volume Failure or Price Failure as of such applicable date of determination; (xi) on the applicable
date of determination (A) no Authorized Share Failure shall exist or be continuing and the applicable Required Minimum Securities Amount
of Ordinary Shares are available under the certificate of incorporation of the Company and reserved by the Company to be issued pursuant
to the Notes and (B) all Ordinary Shares to be issued in connection with the event requiring this determination (or issuable upon conversion
of the Outstanding Amount being redeemed in the event requiring this determination (without regards to any limitations on conversion set
forth herein)) may be issued in full without resulting in an Authorized Share Failure; (xii) on each day during