Company: GVH
Filing Date: 2025-10-01
Form Type: F-3
Source: 0001213900-25-094769
Chunk: 84

Company: Globavend Holdings Ltd
Filing Date: 2025-10-01
Form: F-3
Chunk 84
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689 per Pre-Funded Unit. We received an aggregate gross proceeds of $15 million, before deducting placement
agent fees and other estimated expenses payable by us. On July 24, 2025, we announced that all Series B Warrants had been fully exercised.

On July 2, 2025, our board
of directors approved a reverse stock split that would consolidate every two hundred (200) of our issued and unissued shares of $0.001
par value each in the share capital into one (1) share of $0.20 par value each, with an effective date of July 21, 2025. Upon the opening
of the market on July 21, 2025, our Ordinary Shares began trading on the Nasdaq Capital Market on a post-Reverse Stock Split basis under
the current symbol “GVH.” As a result of the Reverse Stock Split, our authorized share capital of $2,000,000 was divided
into 10,000,000 Shares of $0.20 par value each.

On August 27, 2025, we
entered into the Share Subscription Agreement with Mr. Yau, pursuant to which we agreed to issue and allot, and Mr. Yau agreed to
subscribe for, 100 Management Shares for the total consideration of US$1,000 (the “Subscription”). Pursuant to the
Management Shares Board Resolutions and the power granted to the Board pursuant to the Memorandum and the Articles, the Board
exercised its power to designate and authorize 100 shares of $0.20 par value each in the share capital of the Company as Management
Shares. The Management Shares shall carry such rights, restrictions, preferences and privileges as set forth in the Management
Shares Board Resolutions and as reflected in the Memorandum and the Articles. The Management Shares and the Ordinary Shares
generally rank pari passu and shall have the same rights, preferences, privileges and restrictions, and unless otherwise
provided in the Memorandum and Articles of the Company and/or the terms of issue of the Management Shares, shall at all times vote
as one class on all resolutions submitted to a vote by the members (whether at a general meeting or otherwise in writing), provided,
however, that (i) such Management Shares shall be entitled to 1,000,000 votes for each Management Share at a meeting of the members
or on any resolution of members of the Company (whether in writing or otherwise), and (ii) the Management Shares