Initial Statement of Beneficial Ownership

This filing reports the initial statement of beneficial ownership for Tse Meng Ng, a director at GCL Global Holdings Ltd. The filing details 2,875,000 Ordinary Shares acquired through an exchange with RF Dynamic LLC, which is the record holder. Tse Meng Ng is the sole member and manager of RF Dynamic LLC, holding voting and investment discretion over these shares. Additionally, the filing includes 4,450,500 Ordinary Shares issuable upon the exercise of warrants. RF Dynamic LLC is also the record holder of these shares, with Tse Meng Ng retaining voting and investment control. The shares are of Ordinary Shares, par value $0.0001 per share. The report is dated February 13, 2025, with a signature date of March 16, 2026.