SINGAPORE, June 12, 2025 (GLOBE NEWSWIRE) -- GCL Global Holdings Ltd. (NASDAQ: GCL) (“GCL” or the “Company”), a leading provider of games and entertainment, today announced that the Company will be participating in an upcoming tech-focused webinar series hosted by Webull on June 20th. Webull Tech Week Corporate Webinar Series Presentation format with Q&A to follow Who: Sebastian Toke, Group CEOWhen: June 20, 2025, 2:00pm – 3:00pm EasternWhere: Virtual - Register Here About GCL Global Holdings GCL Global Hol ...

Core Viewpoint - GCL Global Holdings Ltd has entered into a securities purchase agreement with ATW Partners for the issuance of senior unsecured convertible notes, totaling up to $45.5 million, which is expected to support the company's strategic growth initiatives and operational scaling [1][2][3]. Financing Details - The initial note will have an original principal amount of $2,900,000, purchased at $2,610,000. GCL can require the investor to purchase additional notes up to $42,600,000 at a purchase price of $38,340,000, subject to certain conditions [2]. - The notes will have a three-year term with an interest rate of 6% per annum, payable monthly in cash or, under certain conditions, in GCL's ordinary shares [2]. Strategic Implications - The financing is viewed as a strong endorsement of GCL's strategy and future, providing necessary capital to accelerate growth and invest in gaming innovations while maintaining long-term financial health [3]. - GCL aims to leverage its diverse portfolio to bridge cultures and audiences, focusing on the rapidly expanding Asian gaming market [4].