SCHEDULE 13G 0001848027 XXXXXXXX LIVE Ordinary Shares, par value $0.0001 per share 02/14/2025 0002002045 GCL Global Holdings Ltd G3777K103 29 Tai Seng Avenue #02-01 SINGAPORE U0 534119 Rule 13d-1(d) RF Dynamic LLC DE 7325500.00 0.00 7325500.00 0.00 7325500.00 N 5.8 CO (1) The Securities are held directly by RF Dynamic LLC (the "Sponsor"). Tse Meng Ng is the manager of the Sponsor and has voting and investment discretion with respect to the securities held by the Sponsor. (2) The Sponsor owns 2,875,000 Ordinary Stock, par value $0.0001 per share ("Ordinary Stock") of the Issuer. (3) Includes 4,450,500 Ordinary Stock issuable upon the exercise of 4,450,500 private placement warrants of the Issuer. Each warrant is exercisable to purchase one Ordinary Stock at a price of $11.50 per share, subject to adjustment, becomes exercisable beginning 30 days after the completion of the Issuer's initial business combination and expires five years after the completion of the Issuer's business combination or earlier upon redemption or liquidation, each as is described in that certain Assignment, Assumption and Amendment Agreement, dated February 13, 2025, by and among RF Acquisition Corp., Issuer, and Continental Stock Transfer & Trust Company. (4) Percentage ownership was calculated based on 126,276,394 ordinary shares outstanding as of February 18, 2025. GCL Global Holdings Ltd 29 Tai Seng Avenue #02-01, Singapore 534119 This statement is filed on behalf of RF Dynamic LLC. The principal business address of the Reporting Person is 111 Somerset Road, #05-06, Singapore 238164. See responses to Item 4 on each cover page. Y See responses to Item 9 on each cover page. See responses to Item 11 on each cover page. See responses to Item 5 on each cover page. See responses to Item 6 on each cover page. See responses to Item 7 on each cover page. See responses to Item 8 on each cover page. Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. 1. Lock-up Agreement dated February 13, 2025. 2. Joint Filing Statement RF Dynamic LLC /s/ Tse Meng Ng 02/20/2025