Company: GCL
Filing Date: 2025-08-27
Form Type: DRS
Source: 0001213900-25-080905
Chunk: 26

Company: GCL Global Holdings Ltd
Filing Date: 2025-08-27
Form: DRS
Chunk 26
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 all stakeholders in our market and formulating
business strategies. Loss of services of Mr. Choo or any of our key management members and failure to promptly find suitable replacement
will cause our business and operations to suffer.

Our games and other software applications, and our and our vendors’ and other partners’ information technology and other systems and platforms (Steam/PSN and other partner platforms), have on occasion, experienced failures, errors, defects, or disruptions. Although such events have not had a material impact in the past, future similar events could disrupt our business, impact our games and related software applications, affect our ability to scale our technical infrastructure, diminish our brand and reputation, subject us to liability, and adversely affect our operating results and growth prospects.

Our games may contain errors,
bugs, flaws, corrupted data, defects, and other vulnerabilities, some of which may only become apparent after their launch, particularly
as we launch new games and rapidly release new features to existing games under tight time constraints. Furthermore, our development
and testing processes may not detect errors and vulnerabilities in our games prior to their release. Any such errors, flaws, defects,
and vulnerabilities may adversely affect the game experience of our gamers, harm our reputation, cause our gamers to stop playing our
games, divert our resources, and delay market acceptance of our games, any of which could result in harm to our business, financial condition,
or results of operations.

Our technology infrastructure
is critical to the performance of our games and satisfaction of our gamers and to the general operation of our business. We devote significant
resources to network and data security to protect our systems and data. However, our systems may not be adequately designed with the
necessary reliability and redundancy to avoid performance delays or outages that could be harmful to our business. We cannot assure you
that the measures we take to detect and prevent or hinder cyber-attacks or other security or data breaches, to protect our systems, data
and gamer information, and to prevent outages, data loss, and fraud, including a disaster recovery strategy for server, equipment, or
systems failure and the use of third parties for certain cybersecurity services, will provide sufficient security or be adequate for
our operations. Our vendors and other partners are also subject to the foregoing risks, and we do not have any control over them. We
have experienced, and may in the future experience, system disruptions, outages, and other performance problems, including when releasing
new software versions or bug fixes, due to a variety of factors,