Company: GVH
Filing Date: 2025-05-23
Form Type: F-1
Source: 0001213900-25-046965
Chunk: 6

Company: Globavend Holdings Ltd
Filing Date: 2025-05-23
Form: F-1
Chunk 6
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, and the qualifications, limitations and restrictions thereof, if any, including, without limitation, the number of shares constituting each such class or series, dividend rights, conversion rights, redemption privileges, voting powers, full or limited or no voting powers, and liquidation preferences, and to increase or decrease the size of any such class or series (but not below the number of shares of any class or series of shares then outstanding) to the extent permitted by the Companies Act (as amended) without further approval of the shareholders. In addition, we also obtained shareholder approval which empowers the Board to effect a reserve stock spilt of our Ordinary Shares with a ratio ranging from two Ordinary Shares to one Ordinary Share to two hundred and fifty Ordinary Shares to one Ordinary Share (the “Reverse Stock Split”). The number of Units offered in this prospectus and all other applicable information has been determined based on an assumed public offering price of $1.36 per Ordinary Unit, which is the closing price of our Ordinary Shares on Nasdaq on May19, 2025. The actual number of Units sold in the Offering will be determined between us and Univest Securities, LLC (the “Placement Agent”) and purchasers based on market conditions at the time of pricing and may reflect a discount to the current market price for our Ordinary Shares. Therefore, the recent market price used throughout this preliminary prospectus as a basis for an assumed public offering price per Ordinary Unit may not be indicative of the final offering price. Because there is no minimum offering amount required as a condition to closing this Offering, we may sell fewer than all of the Units offered hereby, which may significantly reduce the amount of proceeds received by us, and investors in this Offering will not receive a refund in the event that we do not sell an amount of Units sufficient to pursue the business goals outlined in this prospectus. Because there is no minimum offering amount, investors could be in a position where they have invested in our company, but we are unable to fulfill our objectives due to a lack of interest in this Offering. Also, any proceeds from the sale of Units offered by us will be available for our immediate use, despite uncertainty about whether we would be able to use such funds to effectively implement our business plan. See “ Risk Factors,” beginning on page 14. We may undertake one or more closings for the sale of the Units to the investors. We expect to hold an initial closing on , 2025, but the offering will be terminated by , 2025 provided that the closing(s) of this