Company: GCL
Filing Date: 2025-08-27
Form Type: DRS
Source: 0001213900-25-080905
Chunk: 208

Company: GCL Global Holdings Ltd
Filing Date: 2025-08-27
Form: DRS
Chunk 208
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 or furnished to, the SEC: our Annual Reports on Form 20-F;
our reports on Form 6-K; amendments to these documents; and other information as may be required by the SEC. The information contained
on, or that may be accessed through, our website is not part of, and is not incorporated into, this prospectus.

As a foreign private issuer,
we are exempt under the Exchange Act from, among other things, the rules prescribing the furnishing and content of proxy statements,
and our officers, directors and principal shareholders are exempt from the reporting and short-swing profit recovery provisions contained
in Section 16 of the Exchange Act. In addition, we will not be required under the Exchange Act to file periodic reports and financial
statements with the SEC as frequently or as promptly as U.S. companies whose securities are registered under the Exchange Act.

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ENFORCEABILITY OF CIVIL LIABILITIES UNDER U.S. SECURITIES LAWS</div>

Cayman Islands

The Company was incorporated
in the Cayman Islands in order to enjoy the following benefits:

| ● | political and economic stability; |

| ● | an effective judicial system; |

| ● | a favorable tax system; |

| ● | the absence of exchange control or currency restrictions; and |

| ● | the availability of professional and support services. |

However, certain disadvantages
accompany incorporation in the Cayman Islands. These disadvantages include, but are not limited to, the following:

| ● | the Cayman Islands has a less developed body of securities laws as                                              
 compared to the United States and these securities laws provide significantly less protection to investors; and |

| ● | Cayman Islands companies may not have standing to sue before the federal 
 courts of the United States.                                             |

Our Amended and Restated
Memorandum and Articles of Association do not contain provisions requiring that disputes, including those arising under the securities
laws of the United States, between us, our officers, directors and shareholders, be arbitrated.

A majority of our Company’s
operations are conducted outside the United States, and a majority of our Company’s assets are located outside the United States.
A majority of our Company’s directors and officers are nationals or residents of jurisdictions other than the United States and
a substantial portion of their assets are located outside the United States. As a result, it may be difficult for a shareholder to effect
service of process within the United States upon these persons, or to enforce against our Company