Company: GVH
Filing Date: 2025-05-23
Form Type: F-1
Source: 0001213900-25-046965
Chunk: 93

Company: Globavend Holdings Ltd
Filing Date: 2025-05-23
Form: F-1
Chunk 93
---
 such Fundamental Transaction by holders of the number of Ordinary Shares for which the Series B Warrants are exercisable immediately prior to such Fundamental Transaction without regard to any limitations on exercise contained in the Series B Warrants. The holders of the Series B Warrants may also require us or any successor entity to purchase the Series B Warrants from the holders by paying to the holder an amount in cash (or other types or form of consideration in special circumstances listed in the Series B Warrant) equal to the Black Scholes value (as defined in the Series B Warrant) of the remaining unexercised portion of the Series B Warrant on the date of the fundamental transaction. Rights as a Shareholder.Except as otherwise provided in the Series B Warrants or by virtue of such holder’s ownership of our Ordinary Shares, the holder of a Series B Warrant does not have the rights or privileges of a holder of our Ordinary Shares, including any voting rights, until the holder exercises the Series B Warrant. Pre-Funded Warrants The following summary of certain terms and provisions of the Pre -FundedWarrants offered hereby is not complete and is subject to, and qualified in its entirety by, the provisions of the form of Pre -FundedWarrant. Prospective investors should carefully review the terms and provisions set forth in the form of Pre -FundedWarrant. The term “pre -funded” refers to the fact that the purchase price of our Ordinary Shares in this Offering includes almost the entire exercise price that will be paid under the Pre -FundedWarrants, except for a nominal remaining exercise price of $0.001. The purpose of the Pre -FundedWarrants is to enable investors that may have restrictions on their ability to beneficially own more than 4.99% (or, upon election of the holder, 9.99%) of our outstanding Ordinary Shares following the consummation of this Offering the opportunity to make an investment in the Company without triggering their ownership restrictions, by receiving Pre -FundedWarrants in lieu of our Ordinary Shares, and receive the ability to exercise their option to purchase the shares underlying the Pre -FundedWarrants at such nominal price at a later date. Exercise of Pre -Funded Warrants.Each Pre -FundedWarrant is exercisable for one Ordinary Share, with an exercise price equal to $0.001 per Ordinary Share, at any time up to the date that is one year after their original issuance. The holder of a Pre -FundedW