Company: GVH
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052766
Chunk: 44

Company: Globavend Holdings Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 44
---
 Minimum Bid Price Requirement for 30 consecutive business
days, our Ordinary Shares may be delisted from Nasdaq if we are not then eligible for a grace period of 180 calendar days from such notification
to achieve compliance. While we obtained shareholder approval to empower the Board to effect a reserve stock spilt of our Ordinary Shares
with a ratio ranging from two Ordinary Shares to one Ordinary Shares to two hundred and fifty Ordinary Shares to one Ordinary Share (the
“Reverse Stock Split”), given the substantial number of Ordinary Shares that will be sold as a result of this Offering, we
cannot assure you that the Reverse Stock Split is sufficient for us to maintain compliance with the Minimum Bid Price Requirement. If
we cannot maintain compliance with the Minimum Bid Price Requirement, our Ordinary Shares could be delisted from Nasdaq. Furthermore,
if Nasdaq determines that this Offering has raised public interest concerns due to its dilutive effect, we may not be entitled to a grace
period of 180 calendar days to regain compliance with the Minimum Bid Price Requirement, and our Ordinary Shares could be delisted from
Nasdaq.

In addition, Nasdaq Listing
Rule 5810(c)(3)(A)(iii) (the “Low Priced Stock Rule”) provides that if a company’s security has a closing
bid price of $0.10 or less for ten consecutive trading days during any bid price compliance period, Nasdaq must issue a delisting
determination with respect to that security. The closing price of our Ordinary Shares on Nasdaq on May 19, 2025 was $1.36 per share. A
sale of substantial number of Ordinary Shares could depress the trading price of our Ordinary Shares and result in non-compliance of the
Low Priced Stock Rule. If we receive a letter from Nasdaq indicating that we are not compliant with the Low Priced Stock Rule, we may
timely request a hearing before a Hearings Panel to appeal the delisting determination, which would stay the delisting and suspension
of our Ordinary Shares pending the decision of the Hearings Panel. No assurances may be made as to whether our effectuation of a reverse
stock would cure any future deficiencies regarding the price of our Ordinary Shares for purposes of the Low Priced Stock Rule.

<div align='center'>14</div>

This offering may result in an immediate trading halt or delisting of our Ordinary Shares from The Nasdaq Capital Market due to public interest concerns.

Under Nasdaq Listing
Rule 5101, The