GCL Global Holdings Ltd Enters Convertible Note Facility Agreement
Ticker: GCLWW · Form: 6-K · Filed: Aug 27, 2025 · CIK: 2002045
| Field | Detail |
|---|---|
| Company | Gcl Global Holdings Ltd (GCLWW) |
| Form Type | 6-K |
| Filed Date | Aug 27, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $2,900,000, $2,610,000, $1,500,000, $1,350,000, $2.16 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financing, debt, convertible-notes
TL;DR
GCL Global Holdings Ltd signs deal for convertible notes, details TBD.
AI Summary
GCL Global Holdings Ltd announced on August 27, 2025, that it has entered into a Securities Purchase Agreement related to a Convertible Note Facility. The filing does not specify the dollar amounts or specific parties involved in this agreement.
Why It Matters
This filing indicates potential future financing or debt restructuring for GCL Global Holdings Ltd, which could impact its financial leverage and operational capacity.
Risk Assessment
Risk Level: medium — The filing mentions a convertible note facility, which can introduce financial complexity and potential dilution for existing shareholders.
Key Players & Entities
- GCL Global Holdings Ltd (company) — Registrant
- August 2025 (date) — Reporting period
- 29 Tai Seng Avenue, #02-01 Singapore 534119 (location) — Principal Executive Offices
- +65 80427330 (phone_number) — Registrant's telephone number
FAQ
What are the specific terms of the Convertible Note Facility?
The filing does not provide specific terms for the Convertible Note Facility, only that a Securities Purchase Agreement has been entered into.
Who are the parties involved in the Securities Purchase Agreement?
The filing does not disclose the names of the parties involved in the Securities Purchase Agreement.
What is the principal amount of the convertible notes?
The filing does not specify the principal amount of the convertible notes.
What is the conversion price or ratio for the convertible notes?
The filing does not detail the conversion price or ratio for the convertible notes.
When is the expected closing date for the Convertible Note Facility?
The filing does not provide an expected closing date for the Convertible Note Facility.
Filing Stats: 484 words · 2 min read · ~2 pages · Grade level 14.1 · Accepted 2025-08-27 16:08:53
Key Financial Figures
- $2,900,000 — ote in the original principal amount of $2,900,000 (the "Initial Note") at a purchase pric
- $2,610,000 — "Initial Note") at a purchase price of $2,610,000 at the Initial Closing (as defined in t
- $1,500,000 — ote in the original principal amount of $1,500,000 (the "Additional Note") at a purchase p
- $1,350,000 — dditional Note") at a purchase price of $1,350,000 at the First Additional Closing (as def
- $2.16 — into ordinary shares of the Company at $2.16 per share, subject to anti-dilution adj
- $41,100,000 — te maximum original principal amount of $41,100,000. The foregoing description of the term
Filing Documents
- ea0254747-6k_gclglobal.htm (6-K) — 17KB
- ea025474701ex4-1_gclglobal.htm (EX-4.1) — 288KB
- ea025474701ex10-1_gclglobal.htm (EX-10.1) — 24KB
- 0001213900-25-081124.txt ( ) — 542KB
- gcl-20250827.xsd (EX-101.SCH) — 3KB
- gcl-20250827_lab.xml (EX-101.LAB) — 33KB
- gcl-20250827_pre.xml (EX-101.PRE) — 22KB
- ea0254747-6k_gclglobal_htm.xml (XML) — 2KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: August 27, 2025 GCL Global Holdings Ltd. By: /s/ Sebastian Toke Name: Sebastian Toke Title: Group CEO 2