Company: GVH
Filing Date: 2025-05-23
Form Type: F-1
Source: 0001213900-25-046965
Chunk: 5

Company: Globavend Holdings Ltd
Filing Date: 2025-05-23
Form: F-1
Chunk 5
---
 242,647,065 Ordinary Shares underlying each Series B Warrant if the Low Price for the Ordinary Shares decreases to and equals the Floor Price at the time of such election. As such, holders of the Series B Warrants may elect to be issued up to 242,647,065 Ordinary Shares upon the exercise of the Series B Warrants assuming the $0.27 Floor Price. The Units have no stand -alonerights and will not be certificated or issued as stand -alonesecurities. The Ordinary Shares and the Pre -FundedWarrants can each be purchased in this offering only with the accompanying Series A Warrants and Series B Warrants as part of the Ordinary Units or Pre -FundedUnits, respectively, but the component parts of the Units will be immediately separable and issued separately in this Offering. We are also registering all of the Ordinary Shares issuable from time to time upon full exercise of each of the Pre -FundedWarrants, Series A Warrants and Series B Warrants included in the Ordinary Units and Pre -FundedUnits offered hereby. Our Ordinary Shares are listed on Nasdaq under the symbol “GVH”. The last reported sale price of our Ordinary Shares on Nasdaq on May19, 2025 was $1.36 per share. There is no established public trading market for the Warrants, and we do not expect a market to develop. We do not intend to apply to list the Ordinary Units, Pre -FundedUnits or the Warrants on any securities exchange or other nationally recognized trading system. Without an active trading market, the liquidity of the Warrants will be limited. We held an Extraordinary General Meeting on April 28, 2025, where the shareholders of the Company passed a special resolution to increase the authorized share capital of the Company from US$50,000 divided into 50,000,000shares of US$0.001 par value each to US$2,000,000 divided into 2,000,000,000shares of US$0.001 par value each and adopted the Second Amended and Restated Memorandum and Articles of Association. Pursuant to the Second Amended and Restated Memorandum and Articles of Association, the board of directors of the Company (the “Board”) is empowered to authorize by resolutions from time to time the issuance of one or more classes or series of preferred or other shares and to fix the designations, powers, preferences and relative, participating, optional and other rights, if any