SINGAPORE, Aug.  06, 2026  (GLOBE NEWSWIRE) -- GCL Global Holdings Ltd. (NASDAQ:GCL) (&#34;GCL&#34; or the &#34;Company&#34;), a leading provider of games and entertainment, today announced that it plans to propose to

GCL Announces Plan to Propose Adjournment of Extraordinary General Meeting to December 1, 2026 at Its August 7, 2026 Meeting

GCL Proposes EGM Adjournment to December 1, 2026 amid Nasdaq Review

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  <section data-block="information">
    <h3>Information</h3>
    <p>SINGAPORE, Aug.  06, 2026  (GLOBE NEWSWIRE) -- GCL Global Holdings Ltd. (NASDAQ:GCL) (&amp;#34;GCL&amp;#34; or the &amp;#34;Company&amp;#34;), a leading provider of games and entertainment, today announced that it plans to propose to</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>GCL Global Holdings plans to adjourn its August 7, 2026 extraordinary meeting to December 1, 2026 as it evaluates Nasdaq listing requirements and the potential need for a share consolidation. The delay aims to protect shareholder value by allowing more time to decide the best course of action, with near-term volatility likely until clarity on the listing path and any equity actions emerges.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>GCL proposes adjournment of its EGM to December 1, 2026.</li><li>Reason: assess Nasdaq listing compliance and whether a share consolidation is needed.</li><li>EGM originally scheduled for August 7, 2026 at 9 am Singapore time.</li><li>Forward-looking statements and 20-F risk disclosures are included in the release.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>GCL Global Holdings Ltd (GCL)</strong>: Announced EGM adjournment to Dec 1, 2026; reviewing Nasdaq compliance and potential consolidation.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. Fits as it discusses governance actions, listing compliance, and potential equity actions that affect capital structure and investor perception.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Nasdaq listing compliance progress is a near-term driver for GCL.</li><li>Adjournment timing and consolidation decisions could trigger stock volatility.</li><li>Delay may reduce immediate dilution risk if consolidation is deferred.</li><li>Key dates to monitor: Aug 7, 2026 meeting and Dec 1, 2026 adjourned date.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>EGM date and time: August 7, 2026 at 9:00 am Singapore time.</li><li>Proposed adjournment to December 1, 2026, at the same time and place.</li><li>Reason: evaluate Nasdaq listing requirements and whether share consolidation is needed.</li><li>Forward-looking statements with safe harbor language and references to Form 20-F for the year ended March 31, 2026.</li><li>GCL Global Holdings Ltd is incorporated in the Cayman Islands.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Neutral-to-bullish in 1–3 months as Nasdaq-compliance progress and consolidation decisions unfold.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>SINGAPORE, Aug.  06, 2026  (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=erZkuPOLLkspjzgy8hQ2FwMyhkbUQQcnj8FJ4gXK5exRHFb2JslXPhb2lR_dKPwswVuTpyHfX2j5xLzO99WKM03B3uZkKM2nT33t36bm8FK10RGFNMeTcD4J_4YgJdn4" rel="nofollow" target="_blank"><u>GCL Global Holdings Ltd</u></a>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/GCL">GCL</a>) ("GCL" or the "Company"), a leading provider of games and entertainment, today announced that it plans to propose to shareholders at the Extraordinary General Meeting of Shareholders to be held on August 7, 2026, at 9 am, Singapore time at 29 Tai Seng Ave., #02-01, Singapore, that they consider and approve an adjournment of the meeting to December 1, 2026, at the same time and place as originally convened.</p>  <p><strong>Reason for the Proposed Adjournment:</strong></p>  <p>The Company continues to assess its compliance with applicable Nasdaq listing requirements and has concluded that the proposed share consolidation may not be necessary at this time. The planned adjournment proposal seeks to allow the Company additional time to evaluate the available options and determine the most appropriate course of action in the best interests of the shareholders.</p>  <p><strong>About GCL Global Holdings</strong></p>  <p>GCL Global Holdings Ltd. ("GCL") is a holding company incorporated in the Cayman Islands (GCL together with its subsidiaries, the "GCL Group"). Through its operating subsidiaries, GCL Group unites people through its ecosystem of content and hardware in games and entertainment, enabling creators to deliver engaging experiences to gaming communities worldwide with a strategic focus on the rapidly expanding Asian gaming market.</p>  <p>Drawing on a deep understanding of gaming trends and market dynamics, GCL Group leverages its diverse portfolio of digital and physical content as well as multimedia peripherals to bridge cultures and reach a global audience by introducing Asian-developed IP across consoles and PCs. Learn more at <a href="https://www.globenewswire.com/Tracker?data=eu6_nBX6FGoEr_taNrdzcZc-PLOrafRhi5uHEoUvgsdiWxKNZKFDobyglO8lmLERJ8NKi2m3UnBuPHhTpoiNLE0nQSkray01wnQCdQETwKJyJAiFGiznEq3qfd6o8f5-" rel="nofollow" target="_blank"><u>https://www.gclglobalholdings.com/</u></a></p>  <p><strong>Forward-Looking Statements</strong></p>  <p>This press release includes "forward-looking statements" made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995, and may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements may also include, but are not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the estimated implied enterprise value of GCL, GCL’s ability to scale and grow its business, the advantages and expected growth of GCL, and GCL’s ability to source and retain creative talent and publish games. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of GCL’s management and are not predictions of actual performance.</p>  <p>These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although GCL believes that it has a reasonable basis for each forward-looking statement contained in this press release, GCL cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. In addition, there are risks and uncertainties described in GCL’s annual report on Form 20-F for the fiscal year ended March 31, 2026, as amended, and other documents filed by GCL from time to time with the SEC. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. GCL cannot assure you that the forward-looking statements in this press release will prove to be accurate. There may be additional risks that GCL presently knows or that GCL currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. The forward-looking statements in this press release represent the views of GCL as of the date of this press release. Subsequent events and developments may cause those views to change. However, while GCL may update these forward-looking statements in the future, there is no current intention to do so, except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing the views of GCL as of any date subsequent to the date of this press release. Except as may be required by law, GCL does not undertake any duty to update these forward-looking statements.</p>  <p><strong>GCL Investor Relations:</strong></p>  <p>Crocker Coulson<br></br><a href="https://www.globenewswire.com/Tracker?data=b_nL3LxWk1d1J1fBpC-FgDPefmYprNOLPDN-lzjqkEoaaJdJ_fBBCA1qgdvBAmxKv1ZSEcxVkJgPfxPzxrhckT2HxzUugjtGfFNtlMVhZvfC_5i8d2-LSHzV-PuWxZ-4" rel="nofollow" target="_blank"><u>crocker.coulson@aumadvisors.com</u></a><br></br>(646) 652-7185</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgwNDk3MiM3NzYyNTYwIzIyOTc3MjE="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/NTBjMDk2NjUtNzc5My00NmVjLWJjYjgtMjdkMWY3ZWJhZmMwLTEzMDkyNzEtMjAyNi0wOC0wNi1lbg==/tiny/GCL-Global-Pte-Ltd.png" referrerpolicy="no-referrer-when-downgrade"></img>

GCL Global Holdings plans to adjourn its August 7, 2026 extraordinary meeting to December 1, 2026 as it evaluates Nasdaq listing requirements and the potential need for a share consolidation. The delay aims to protect shareholder value by allowing more time to decide the best course of action, with near-term volatility likely until clarity on the listing path and any equity actions emerges.

News insight

GCL Announces Plan to Propose Adjournment of Extraordinary General Meeting to December 1, 2026 at Its August 7, 2026 Meeting

AI summary

Sentiment rationale

Key facts

Corporate Developments