Company: GCL
Filing Date: 2025-05-22
Form Type: 424B3
Source: 0001213900-25-046609
Chunk: 209

Company: GCL Global Holdings Ltd
Filing Date: 2025-05-22
Form: 424B3
Chunk 209
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 including, without limitation, to the extent applicable, Regulation M of the Exchange
Act, which may limit the timing of purchases and sales of any of the ordinary shares by the selling shareholders and any other participating
person. To the extent applicable, Regulation M may also restrict the ability of any person engaged in the distribution of the ordinary
shares to engage in market-making activities with respect to the ordinary shares. All of the foregoing may affect the marketability of
the ordinary shares and the ability of any person or entity to engage in market-making activities with respect to the ordinary shares.

We will pay all expenses of
the registration of the ordinary shares pursuant to the registration rights agreement, estimated to be $[ ]
in total, including, without limitation, Securities and Exchange Commission filing fees and expenses of compliance with state securities
or “blue sky” laws; provided, however, a selling shareholder will pay all underwriting discounts and selling commissions,
if any. We will indemnify the selling shareholders against liabilities, including some liabilities under the Securities Act in accordance
with the registration rights agreements or the selling shareholders will be entitled to contribution. We may be indemnified by the selling
shareholders against civil liabilities, including liabilities under the Securities Act that may arise from any written information furnished
to us by the selling shareholder specifically for use in this prospectus, in accordance with the related registration rights agreements
or we may be entitled to contribution.

Once sold under the registration
statement, of which this prospectus forms a part, the ordinary shares will be freely tradable in the hands of persons other than our affiliates.

Exhibit 99.1

<div align='center'>GCL Secures USD $2.9 Million Senior Unsecured Convertible Note Financing</div>

SINGAPORE – May 22, 2025 - GCL Global Holdings
Ltd (NASDAQ: GCL) (“GCL” or the “Company”), a leading provider of games and entertainment, today announced that
it has entered into a securities purchase agreement (the “SPA”) with ATW Partners (the “Investor”) for the issuance
of senior unsecured convertible notes, through a facility of up to $45.5 million.

Pursuant to the SPA, the Company will issue an
initial note in the aggregate original principal amount of $2,900,000, at a purchase price of $2,610,000. GCL has the right to require
the Investor to purchase additional notes in the aggregate original principal amount of up to $42