Company: GVH
Filing Date: 2025-10-01
Form Type: F-3
Source: 0001213900-25-094769
Chunk: 21

Company: Globavend Holdings Ltd
Filing Date: 2025-10-01
Form: F-3
Chunk 21
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| ● | We are an accredited cargo                            
 agent by the International Air Transport Association; |

| ● | We have a stable business relationship                                         
 with air freight carriers, which enhances our competitiveness in our business; |

| ● | We have established a strong           
 presence in Australia and New Zealand; |

| ● | We offer cost-efficient customizable,                                                                                          
 one-stop integrated cross-border logistics and air freight forwarding services to accommodate our customers’ various logistics 
 needs;                                                                                                                         |

| ● | Our proprietary all-in-one                                                                            
 shipping solution provides operational efficiency and facilitates effective logistics management; and |

| ● | Our management and staff have                         
 extensive experience and in-depth industry knowledge. |

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Recent Developments</div>

Extraordinary General Meeting of Shareholders in April 2025

On April 28, 2025, we held
our extraordinary general meeting of shareholders whereby our shareholders approved, among other things, (a) the increase of our authorized
share capital from US$50,000 divided into 50,000,000 shares of US$0.001 par value each to US$2,000,000 divided into 2,000,000,000 shares
of US$0.001 par value each, and (b) a share consolidation of every issued and unissued shares in our share capital, with such ratio to
be determined by our board of directors. Concurrently, our shareholders approved the adoption of our second amended and restated memorandum
and articles of association, which became effective on April 30, 2025.

Public Offering of $15 Million

On June 26, 2025, we priced
a best efforts public offering, which was closed on June 27, 2025, for the sale of (i) 5,645,997 units (the “Ordinary Units”),
each consisting of one Ordinary Share, one series A warrant to purchase one Ordinary Share (each, a “Series A Warrant”) and
one series B warrant initially to purchase one Ordinary Share (each, a “Series B Warrant”), and (ii) 16,093,133 pre-funded
units (the “Pre-Funded Units”), each consisting of one pre-funded warrant to purchase one Ordinary Share, one Series A Warrant
and one Series B Warrant. The public offering price was $0.69 per Ordinary Unit and $0.689 per Pre-Funded Unit. We received aggregate
gross proceeds of $15 million, before deducting