Company: GCL
Filing Date: 2025-04-08
Form Type: 424B3
Source: 0001213900-25-029989
Chunk: 365

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-08
Form: 424B3
Chunk 365
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 26, 2023, RF Dynamic LLC, the sole holder of Class B common stock, also consented to the conversion
of the Company’s Class B Common Stock to shares of Class A common stock on a one - for - one basis. On July 7, 2023, the Company instructed
its transfer agent to initiate the conversion of the shares of Class B common stock to shares of Class A common stock. An aggregate of
2,875,000 shares of Class B common stock with a par value of $0.0001 per share was converted into 2,875,000 shares of Class A common stock
with a par value of $0.0001. Following, the Company had a total of 3,075,000 shares of Class A common stock outstanding.

On October 18, 2023, the Company
entered into an agreement and plan of merger (as amended by the First Amendment, dated as of December 1, 2023, the Second Amendment, dated
as of December 15, 2023, the Third Amendment, dated as of January 31, 2024, and the Fourth Amendment dated September 30, 2024, the “Merger
Agreement”) with GCL Global Holdings Ltd, a Cayman Islands exempted company limited by shares, Grand Centrex Limited, a British
Virgin Islands business company, GCL Global Limited, a Cayman Islands exempted company limited by shares, and, for the limited purposes
set forth therein, RF Dynamic LLC, a Delaware limited liability company.

Additionally, on December
20, 2023, a special meeting was held where the Company’s stockholders approved (i) a proposal to amend the Company’s second
amended and restated certificate of incorporation to give the Company the right to extend the date by which it has to consummate a business
combination from December 28, 2023 to September 28, 2024, composed of an initial three-month extension and six subsequent one-month extensions,
for a total of up to nine months after December 28, 2023, by depositing into the Trust Account (A) for the initial three-month extension,
the lesser of (i) $225,000 or (ii) $0.09 for each share of the Company’s Class A common stock not redeemed in connection with the
proposal, and (B) for each of the six subsequent one-month extensions, the lesser of (i) $75,