Company: GCL
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-070094
Chunk: 231

Company: GCL Global Holdings Ltd
Filing Date: 2025-07-31
Form: 424B3
Chunk 231
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5      |           |     | As of     
 March 31, 
 2024      |   |
|:----------------------|:----|:---------------------------|:----|:----------------------------------------------------------------------------------------------------------------|:----|:----------|----------:|:----|:----------|:--|
| Nekcom Inc            |     | Equity securities investee |     | Prepayment for a recoupable minimum sales guarantee, Five (5) years following the First Commercial Release Date |     | $         | 3,000,000 |     | $         | - |

Accounts payable, a related party

|                  | Name of related party |                            | Relationship |          | Nature |   |     As of 
 March 31, 
      2025 |     |   |     As of 
 March 31, 
      2024 |
|:-----------------|:----------------------|:---------------------------|:-------------|:---------|:-------|:--|----------:|:----|:--|----------:|
| SEGA Corporation |                       | Shareholder of the Company |              | Purchase |        | $ | 4,567,337 |     | $ | 6,567,480 |

Amount due to related parties

|                            | Name of related party |                               | Relationship |                                                             | Nature |   |     As of 
 March 31, 
      2025 |     |   |     As of 
 March 31, 
      2024 |
|:---------------------------|:----------------------|:------------------------------|:-------------|:------------------------------------------------------------|:-------|:--|----------:|:----|:--|----------:|
| Choo See Wee (“Jacky”)     |                       | Chairman of the Company       |              | Loan from Director, interest fee and repayable on demand    |        | $ |    12,293 |     | $ |   482,252 |
| Tan Jian Hao               |                       | Shareholder of the Company    |              | Loan from Director, interest fee and repayable on demand    |        |   |    56,127 |     |   |         - |
| Joseph Thomas Van Heeswijk |                       | Minority Shareholder of 2Game |              | Loan from Director                                          |        |   |         - |     |   |       128 |
| Joseph Thomas Van Heeswijk |                       | Minority Shareholder of 2Game |              | Consideration payable for