Company: GVH
Filing Date: 2025-04-15
Form Type: DRS
Source: 0001641172-25-004806
Chunk: 66

Company: Globavend Holdings Ltd
Filing Date: 2025-04-15
Form: DRS
Chunk 66
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 of $[●] for net proceeds of $[●], our pro forma as adjusted net tangible book value as of September 30, 2024 would have been $[●] or $[●] per Ordinary Share.

This represents an immediate increase in the pro forma as adjusted net tangible book value per share of $[●] to the existing stockholders and an immediate dilution in pro forma as adjusted net tangible book value per share of $[●] to new investors who purchase Units in the offering. The following table illustrates this per share dilution to new investors:

| Assumed public offering price per Ordinary                                                                 
 Unit                                                                                                       |     | $ |      |
| Historical pro forma net tangible                                                                          
 book value of our Ordinary Shares as of September 30, 2024                                                 |     | $ | 0.32 |
| Increase in pro forma as adjusted                                                                          
 net tangible book value per Ordinary Share attributable to new investors purchasing Units in this Offering |     | $ |      |
| Pro forma as adjusted net tangible book value per                                                          
 Ordinary Share after this Offering                                                                         |     | $ |      |
| Dilution per Ordinary Share to new investors in this Offering                                              |     | $ |      |

The above discussion and table are based on 14,931,123 shares of our Ordinary Shares outstanding as of September 30, 2024, and 14,978,899 shares of our Ordinary Shares outstanding as of the date of this prospectus on a pro forma basis.

To the extent that outstanding warrants are exercised, you will experience further dilution. In addition, we may choose to raise additional capital due to market conditions or strategic considerations even if we believe we have sufficient funds for our current or future operating plans. To the extent that additional capital is raised through the sale of equity or convertible debt securities, the issuance of these securities may result in further dilution to our stockholders.

The dilution information set forth in the table above is illustrative only and will be adjusted based on the actual public offering price and other terms of this Offering determined at pricing.

Each [●]% ($[●]) increase (decrease) in the assumed public offering price of $[●] per Ordinary Unit, which is the closing price of our Ordinary Shares on Nasdaq on [●], 2025, would increase (decrease) our pro forma as adjusted net tangible book value after this Offering by approximately $[●] and would increase (decrease) the dilution per Ordinary Share to new investors