Epicsoft Asia Pte. Ltd. Secures SGD5 Million Financing Agreement with OCBC
Epicsoft Asia Pte. Ltd., a wholly-owned subsidiary of GCL Global Holdings Ltd., has entered into a financial agreement with Oversea-Chinese Banking Corporation Limited (OCBC). The agreement involves a financing facility of up to SGD5,000,000, as outlined in the Facility Letter dated October 1, 2024, and supplemented by a letter dated March 12, 2025. In conjunction with the agreement, GCL has issued a warrant to OCBC, allowing the purchase of up to 899,281 ordinary shares of GCL at an exercise price of US$4.17 per share. The proceeds from the warrant exercise are designated to repay amounts outstanding under the facility agreement and, if any remain, to support the working capital of Epicsoft Asia Pte. Ltd. A registration statement for the public resale of the warrant shares is planned to be filed within six months of the warrant's issuance date, July 7, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GCL Global Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-062056), on July 08, 2025, and is solely responsible for the information contained therein.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。