Company: GCL
Filing Date: 2025-07-08
Form Type: 424B3
Source: 0001213900-25-062059
Chunk: 18

Company: GCL Global Holdings Ltd
Filing Date: 2025-07-08
Form: 424B3
Chunk 18
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. Otherwise,         
 such Subsequent Shelf Registration shall be on another appropriate form. PubCo’s obligation under this Section 5.1 shall, for                 
 the avoidance of doubt be subject to Section 5.6 hereto.                                                                                      |

| 5.2 | Piggyback Registration. |

| (a) | Piggyback Rights. If PubCo proposes to file a Registration Statement under the Securities Act with                                                
 respect to an offering of equity securities, or securities or other obligations exercisable or exchangeable for, or convertible into equity       
 securities, for its own account or for the account of stockholders of PubCo (or by PubCo and by the stockholders of PubCo including, without      
 limitation, pursuant to Section 5.1 hereof), other than a Registration Statement (i) filed in connection with any employee stock option           
 or other benefit plan, (ii) for an exchange offer or offering of securities solely to PubCo’s existing stockholders, (iii) for an                 
 offering of debt that is convertible into equity securities of PubCo, (iv) pursuant to a Registration Statement on Form F-4 (or similar           
 form that relates to a transaction subject to Rule 145 under the Securities Act) or (v) for a dividend reinvestment plan, then PubCo shall        
 give written notice of such proposed filing to the Holder as soon as practicable but not less than ten (10) days before the anticipated           
 filing date of such Registration Statement, which notice shall (A) describe the amount and type of securities to be included in such offering,    
 the intended method(s) of distribution, and the name of the proposed managing Underwriter or Underwriters, if any, in such offering, and          
 (B) offer to the Holder of Warrant Shares the opportunity to register the sale of such number of Warrant Shares as the Holder may request         
 in writing within five (5) days after receipt of such written notice (such Registration a “Piggyback Registration”).                              
 PubCo shall, in good faith, cause such Warrant Shares to be included in such Piggyback Registration and shall use its reasonable best             
 efforts to cause the managing Underwriter or Underwriters of a proposed Underwritten Offering to permit the Warrant Shares requested by           
 the Holder pursuant to this Section 5.2(a) to be included in a Piggyback Registration on the same terms and conditions as any similar             
 securities of PubCo included in such Registration and to permit the sale or other disposition of such W