Company: GVH
Filing Date: 2025-02-12
Form Type: 20-F
Source: 0001493152-25-006117
Chunk: 43

Company: Globavend Holdings Ltd
Filing Date: 2025-02-12
Form: 20-F
Item: Item 3
Chunk 43
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 recent initial public offerings,
especially among those with relatively smaller public floats. As a relatively small-capitalization company with relatively small public
float, we may experience greater stock price volatility, extreme price run-ups, lower trading volume, and less liquidity than large-capitalization
companies. In particular, our Ordinary Shares may be subject to rapid and substantial price volatility, low volumes of trades, and large
spreads in bid and ask prices. Such volatility, including any stock run-up, may be unrelated to our actual or expected operating performance
and financial condition or prospects, making it difficult for prospective investors to assess the rapidly changing value of our Ordinary
Shares.

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  Table of Contents  

The trading prices
of volatility and wide fluctuations could be due to factors beyond our control. This may happen due to broad market and industry factors,
such as performance and fluctuation in the market prices or underperformance or deteriorating financial results of other listed companies
based in Hong Kong and China. For example, if the trading volumes of our Ordinary Shares are low, persons buying or selling in relatively
small quantities may easily influence prices of our Ordinary Shares. This low volume of trades could also cause the price of our Ordinary
Shares to fluctuate greatly, with large percentage changes in price occurring in any trading day session. Holders of our Ordinary Shares
may also not be able to readily liquidate their investment or may be forced to sell at depressed prices due to low-volume trading. The
trading performances of other Hong Kong and Chinese companies’ securities after their offerings may affect the attitudes of investors
toward Hong Kong-based, U. S.-listed companies, which consequently may affect the trading performance of our Ordinary Shares, regardless
of our actual operating performance. In addition, any negative news or perceptions about inadequate corporate governance practices or
fraudulent accounting, corporate structure, or matters of other Hong Kong and Chinese companies may also negatively affect the attitudes
of investors toward Hong Kong and Chinese companies in general, including us, regardless of whether we have conducted any inappropriate
activities. Furthermore, securities markets may from time to time experience significant price and volume fluctuations that are unrelated
to our operating performance, which may have a material and adverse effect on the trading price of our Ordinary Shares.

In addition to the
above factors, the price and trading volume of our Ordinary Shares may be highly volatile due to multiple factors, including the following:

  Regulatory developments affecting us or our industry;                                
  Variations in our revenues, profit, and cash flow;