Company: GVH
Filing Date: 2025-10-01
Form Type: F-3
Source: 0001213900-25-094769
Chunk: 22

Company: Globavend Holdings Ltd
Filing Date: 2025-10-01
Form: F-3
Chunk 22
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 placement agent fees and other estimated expenses payable by us. On July 24, 2025, we
announced that all Series B Warrants had been fully exercised.

Reverse Stock Spilt

On July 2, 2025, our board
of directors approved a reverse stock split that would consolidate every two hundred (200) of our issued and unissued shares of US$0.001
par value each in the share capital into one (1) share of US$0.20 par value each, with an effective date of July 21, 2025 (the “Reverse
Stock Split”). Upon the opening of the market on July 21, 2025, our Ordinary Shares began trading on the Nasdaq Capital Market on
a post-Reverse Stock Split basis under the current symbol “GVH.”As a result of the Reverse Stock Split, our authorized share
capital of $2,000,000 was divided into 10,000,000 Shares of $0.20 par value each.

Dual Class Restructuring

On August 27, 2025, we entered
into a share subscription agreement (the “Share Subscription Agreement”) with Mr. Yau, pursuant to which we agreed to issue
and allot, and Mr. Yau agreed to subscribe for, 100 Management Shares for the total consideration of US$1,000 (the “Subscription”).
Pursuant to the Management Shares Board Resolutions and the power granted to the Board pursuant to the Memorandum and the Articles,
the Board exercised its power to designate and authorize 100 shares of $0.20 par value each of the share capital of the Company as Management
Shares. The Management Shares shall carry such rights, restrictions, preferences and privileges as set forth in the Management Shares
Board Resolutions and as reflected in the Memorandum and the Articles. The Management Shares and the Ordinary Shares generally rank pari passu and, unless otherwise provided in the Memorandum and Articles of the Company and/or the terms of issue of the Management Shares,
shall have the same rights, preferences, privileges and restrictions, and shall at all times vote as one class on all resolutions submitted
to a vote by the members (whether at a general meeting or otherwise in writing), provided, however, that (i) such Management Shares shall
be entitled to 1,000,000 votes for each Management Share at a meeting of the members or on any resolution of members of the Company (whether
in writing or otherwise), and (ii)