- GCL Global Holdings Ltd reported **total revenues of $142,072,586** for the year ended March 31, 2025, representing a **45.7% increase** from the previous year, and a **net income attributable to shareholders of $5,587,625**.  **[2002045_0001213900-25-087392_ea025729301ex99-1_gclglobal.htm:103]** **[2002045_0001213900-25-087392_ea025729301ex99-1_gclglobal.htm:152]** 
- Following the business combination consummated on February 13, 2025, the company's pro forma combined revenues for the year ended March 31, 2025, were **$286,786,289**, with pro forma net income attributable to shareholders of **$6,850,213** and **$0.06** per share.  **[2002045_0001213900-25-087392_ea025729301ex99-1_gclglobal.htm:52]** **[2002045_0001213900-25-087392_ea025729301ex99-1_gclglobal.htm:100]** 
- The company experienced significant growth in its game publishing segment, with revenue increasing by **367.1% to $16,029,523** in FY 2025, primarily due to the new title _Black Myth: Wukong_.  **[2002045_0001213900-25-087392_ea025729301ex99-1_gclglobal.htm:103]** **[2002045_0001213900-25-087392_ea025729301ex99-1_gclglobal.htm:104]** 
- GCL Global Holdings Ltd is expanding its game IP development through an equity investment in Nekcom, Inc. and acquired an additional controlling interest in 2Game on March 19, 2025, increasing its stake to **61%**.  **[2002045_0001213900-25-087392_ea025729301ex99-1_gclglobal.htm:77]** **[2002045_0001213900-25-087392_ea025729301ex99-1_gclglobal.htm:100]**

GCL Global Holdings Ltd Reports Strong FY 2025 Financials and Strategic Growth Initiatives

- GCL Global Holdings Ltd.'s publishing subsidiary, 4Divinity Pte. Ltd., has entered into a Memorandum of Understanding (MOU) to acquire a **60%** equity interest in Taiwan-based Alliance-Star International Enterprise Co., Ltd..  **[2002045_0001213900-25-086685_ea025696501ex99-1_gclglobal.htm:0]** 
- The acquisition is planned through a strategic share swap, valuing Alliance-Star at **US$10 million**.  **[2002045_0001213900-25-086685_ea025696501ex99-1_gclglobal.htm:0]** 
- Alliance-Star shareholders are expected to receive **US$6 million** in newly issued 4Divinity ordinary shares, representing approximately **2.4%** of 4Divinity's equity on a fully diluted post-transaction basis.  **[2002045_0001213900-25-086685_ea025696501ex99-1_gclglobal.htm:0]** 
- Upon completion of the contemplated acquisition, Alliance-Star is anticipated to become a majority-owned subsidiary of 4Divinity and be rebranded as "**4D Taiwan**".  **[2002045_0001213900-25-086685_ea025696501ex99-1_gclglobal.htm:0]** 
- This proposed acquisition aims to expand GCL's publishing footprint across Greater China and enhance its capability to deliver high-quality Asian intellectual property to global audiences.  **[2002045_0001213900-25-086685_ea025696501ex99-1_gclglobal.htm:0]**

GCL Subsidiary 4Divinity to Acquire Alliance-Star International

- GCL Global Holdings Ltd's indirect wholly-owned subsidiary, Epicsoft Asia Pte. Ltd., successfully completed the acquisition of **100% of Ban Leong Technologies Limited** for an estimated **US$48.3 million**.  **[2002045_0001213900-25-082042_ea025500001ex99-2_gclglobal.htm:0]** **[2002045_0001213900-25-082042_ea025500001ex99-2_gclglobal.htm:5]**  Ban Leong was subsequently **delisted from the SGX-ST on August 26, 2025**.  **[2002045_0001213900-25-082042_ea025500001ex99-2_gclglobal.htm:0]** **[2002045_0001213900-25-082042_ea025500001ex99-1_gclglobal.htm:20]** 
- For the fiscal year ended March 31, 2025, Ban Leong reported **revenue of S$193.63 million** and **net profit attributable to shareholders of S$4.01 million**.  **[2002045_0001213900-25-082042_ea025500001ex99-3_gclglobal.htm:0]** 
- GCL's subsidiary, 2Game Digital Limited, partnered with KuCoin Pay to accept **crypto payments** on 2Game.com, offering customers an **additional 20% discount** on eligible products from August 29, 2025, to November 28, 2026.  **[2002045_0001213900-25-082042_ea025500001ex99-4_gclglobal.htm:0]**

GCL Global Holdings Ltd Completes Ban Leong Acquisition and Announces Crypto Payment Partnership

- GCL Global Holdings Ltd. issued an **additional senior convertible note** for an original principal amount of **$1,500,000** at a purchase price of **$1,350,000** on **August 26, 2025**.  **[2002045_0001213900-25-081124_ea0254747-6k_gclglobal.htm:0]** **[2002045_0001213900-25-081124_ea025474701ex4-1_gclglobal.htm:0]** 
- This issuance brings the total original principal amount of convertible notes issued to **$4,400,000**, including the initial note of **$2,900,000** issued on May 21, 2025.  **[2002045_0001213900-25-081124_ea0254747-6k_gclglobal.htm:0]** 
- Both the initial and additional notes are convertible into ordinary shares at a price of **$2.16 per share**, subject to anti-dilution adjustments.  **[2002045_0001213900-25-081124_ea0254747-6k_gclglobal.htm:0]** **[2002045_0001213900-25-081124_ea025474701ex4-1_gclglobal.htm:2]** 
- The company or the buyer may require the issuance of additional convertible notes, with an aggregate maximum original principal amount of **$41,100,000**.  **[2002045_0001213900-25-081124_ea0254747-6k_gclglobal.htm:0]**

GCL Global Holdings Ltd. Issues Additional Convertible Note

- GCL Global Holdings Ltd's indirect wholly-owned subsidiary, Epicsoft Asia Pte. Ltd., **completed the compulsory acquisition** of Ban Leong Technologies Limited on **August 25, 2025**.  **[2002045_0001213900-25-080124_ea0254434-6k_gclglobal.htm:0]** **[2002045_0001213900-25-080124_ea025443401ex99-1_gclglobal.htm:0]** **[2002045_0001213900-25-080124_ea025443401ex99-2_gclglobal.htm:0]** 
- Following the acquisition, Ban Leong Technologies Limited will be **delisted from the Singapore Stock Exchange** effective **August 26, 2025**.  **[2002045_0001213900-25-080124_ea0254434-6k_gclglobal.htm:0]** **[2002045_0001213900-25-080124_ea025443401ex99-1_gclglobal.htm:0]** **[2002045_0001213900-25-080124_ea025443401ex99-2_gclglobal.htm:0]** 
- The acquisition is viewed as a pivotal step in GCL's vision to build a **fully integrated gaming ecosystem**, expecting significant synergies from operational efficiencies and expanded sales channels.  **[2002045_0001213900-25-080124_ea025443401ex99-2_gclglobal.htm:0]**

GCL Global Holdings (GCL)