Company: GVH
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052766
Chunk: 41

Company: Globavend Holdings Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 41
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 current reports on Form 8-K 
 disclosing significant events within four days of their occurrence.            |

| ● | Exemption from Section 16 rules regarding sales of Ordinary                                                                               
 Shares by insiders, which will provide less data in this regard than shareholders of U.S. companies that are subject to the Exchange Act. |

| ● | Exemption from the Nasdaq rules applicable to domestic issuers                                                                         
 requiring disclosure within four business days of any determination to grant a waiver of the code of business conduct and ethics       
 to directors and officers. Although we will require board approval of any such waiver, we may choose not to disclose the waiver in the 
 manner set forth in the Nasdaq rules, as permitted by the foreign private issuer exemption.                                            |

Furthermore, Nasdaq Rule 5615(a)(3) provides that a foreign private issuer, such as us, may rely on our home country corporate governance practices in lieu of certain of the rules in the Nasdaq Rule 5600 Series and Rule 5250(d), provided that we nevertheless comply with Nasdaq’s Notification of Noncompliance requirement (Rule 5625), the Voting Rights requirement (Rule 5640) and that we have an audit committee that satisfies Rule 5605(c)(3), consisting of committee members that meet the independence requirements of Rule 5605(c)(2)(A)(ii). If we rely on our home country corporate governance practices in lieu of certain of the rules of Nasdaq, our shareholders may not have the same protections afforded to shareholders of companies that are subject to all of the corporate governance requirements of Nasdaq. If we choose to do so, we may utilize these exemptions for as long as we continue to qualify as a foreign private issuer. On April 16, 2025, we notified Nasdaq that we intend to follow our home country practice in lieu of the following Nasdaq Listing Rules:

| ● | Rule 5620, which requires the holding of an annual meeting         
 of shareholders no later than one year after each fiscal year-end; |

| ● | Rule 5635(a) and (d), which require shareholder                                                                                        
 approval prior to an issuance of securities in connection with the acquisition of the stock or assets of another company, and with any 
 transactions other than public offerings; and                                                                                          |

| ● | Rule 5250(b)(3), which requires disclosure of third 
 party director and nominee compensation.            |

We submitted to Nasdaq a written statement by counsel of the Cayman Islands certifying that the above noncom