GCL Secures USD $2.9 Million Senior Unsecured Convertible Note Financing

SINGAPORE, May 22, 2025 (GLOBE NEWSWIRE) -- 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 ...