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 of $2,610,000.
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