Company: GCL
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069672
Chunk: 14

Company: GCL Global Holdings Ltd
Filing Date: 2025-07-31
Form: 20-F
Item: Item 3
Chunk 14
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 representatives, when conducting due diligence and evalu...  

  liability for activities of the acquired company before the acquisition, including intellectual property and other litigation claims or disputes, cyber and information security vulnerabilities,...  

  we may not be able to effectively influence the operations of our joint ventures, or we may be exposed to certain liabilities if our joint venture partners do not fulfill their obligations.  
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The benefits of an acquisition,
investment, or joint venture may also take considerable time to develop, and we cannot be certain that any particular transaction will
produce the intended benefits, which could adversely affect our business, financial condition, or results of operations. Our ability to
grow through future acquisitions, investments, and joint ventures will depend on the availability of suitable candidates at an acceptable
cost, our ability to compete effectively to attract these candidates, and the availability of financing to complete larger transactions.
In addition, depending upon the duration and extent of shelter-in-place, travel and other business restrictions adopted by us and imposed
by various governments in response to the COVID-19 pandemic or other future health epidemics or contagious disease outbreaks, we may encounter
challenges in evaluating future acquisitions, investments, and joint ventures and integrating personnel, business practices, and company
cultures from acquired companies. Acquisitions, investments, and joint ventures could result in potential dilutive issuances of equity
securities, use of significant cash balances or incurrence of debt (and increased interest expense), contingent liabilities or amortization
expenses related to intangible assets, or write-offs of goodwill or intangible assets, which could adversely affect our results of operations
and dilute the economic and voting rights of our shareholders.

If we fail to manage our growth effectively,
our business, financial condition, results of operations and prospects could be materially and adversely affected.

As part of our business strategy,
we have entered into and plan to pursue a wide array of potential strategic transactions, including strategic investments, alliances,
partnerships, joint ventures and acquisitions, in each case relating to businesses, technologies, services and other assets that we expect
to complement our business or that we believe will help to grow our business.

These types of transactions involve numerous risks, including, among
others:

  intense                                                                                   

  complex                                                                                
  technologies, terms and arrangements, which may be difficult to implement and manage;  
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  failures