Company: GCL
Filing Date: 2025-09-04
Form Type: F-1
Source: 0001213900-25-084489
Chunk: 174

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-04
Form: F-1
Chunk 174
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’s Ordinary Shares that they received in the Business Combination. A registration statement for the resale of these securities was filed with the SEC on April 3, 2025 and was declared effective on April 7, 2025. Pursuant to a Registration Rights Agreement dated May 21, 2025 between the Company and ATW (the “Registration Rights Agreement”), the Company has agreed to provide certain registration rights with respect to the Shares and file a registration statement with the SEC to register the Shares within twelve (12) months from May 21, 2025 (the “Initial Closing Date”), and to have such registration statement effective within the earlier of the 15th month anniversary of the Initial Closing Date and the second business day after the date the Company is notified by the SEC that such registration statement will not be reviewed or will not be subject to further review. We are registering these Shares on behalf of ATW in order to satisfy its obligations under this Registration Rights Agreement. On July 7, 2025, the Company issued to Oversea-Chinese Banking Corporation Limited (“OCBC”) certain Warrant to Purchase Ordinary Shares of GCL Global Holdings Ltd dated as of July 7, 2025 (the “OCBC Warrant”), in connection with that certain Facility Letter dated as of October 1, 2024, as supplemented by those certain Supplemental Letters dated as of March 12, 2025 and July 7, 2025, between the Holder and Epicsoft Asia Pte. Ltd. (the “Borrower”) which is a wholly-owned subsidiary of the Company for a financing of up to SGD5,000,000 (together, the “Facility Agreement”). On July 29, 2025, the Company and the OCBC entered into Amendment No. 1 to the OCBC Warrant (the “Amendment”) to clarify their commercial understanding that none of the terms of the Warrant shall have any legal effect on the Borrower and/or the Company unless and until the entire SGD 5,000,000 has been disbursed to the Borrower by the Holder under the Facility Agreement; and that the Holder will have no claims for penalties, damages and legal remedies of any kind against either the Company or the Borrower for non-performance of any obligations under the OCBC Warrant. The Amendment also provides that, among other things, until the full amount of SGD5,000,000 is disbursed by OCBC to the Borrower pursuant to the Facility Agreement,