Company: GCL
Filing Date: 2025-04-08
Form Type: 424B3
Source: 0001213900-25-029989
Chunk: 301

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-08
Form: 424B3
Chunk 301
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% to 85% 
 upon completion of the acquisition of Starry. (see Note 3)                            |

| (2) | On July 14, 2023, Starlight was dissolved    
 due to cease operation since September 2021. |

| (3) | On September 4, 2023, Titan Digital                                                        
 acquired 100% equity interest of Martiangear from two third-party for cash consideration   
 of $148,000 and share consideration consisted of issuance of 53,711 ordinary shares by GCL 
 BVI. (see Note 3)                                                                          |

<div align='center'>F-62

GCL GLOBAL LIMITED AND ITS SUBSIDIARIES

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS</div>

Note 2 — Summary of significant accounting policies

The
accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally
accepted in the United States of America (“U.S. GAAP”) for information pursuant to the rules and regulations of the
Securities Exchange Commission (“SEC”). The unaudited condensed consolidated financial statements as of September 30,
2024 and for the six months ended September 30, 2024 and 2023 are included all adjustments considered necessary to present fairly
the financial position, results of operations and cash flow for such interim periods. Certain information and footnote disclosures normally
included in the financial statements prepared in conformity with U.S. GAAP have been condensed or omitted pursuant to such rules and
regulations. The results of operations for the six months ended September 30, 2024 and 2023 are not necessarily indicative of results
to be expected for the full year of 2025 and 2024, respectively. Accordingly, these unaudited condensed consolidated financial statements
should be read in conjunction with the Company’s audited consolidated financial statements as of and for the years ended March 31,
2024 and 2023.

The
unaudited condensed consolidated financial statements include the financial statements of the Company and its subsidiaries. All transactions
and balances among the Company and its subsidiaries have been eliminated upon consolidation.

A
subsidiary is an entity in which the Company, directly or indirectly, controls more than one half of the voting power; or has the power
to govern the financial and operating policies, to appoint or remove the majority of the members of the board of directors, or to cast
a majority of votes at the meeting