Company: GVH
Filing Date: 2025-10-01
Form Type: F-3
Source: 0001213900-25-094769
Chunk: 14

Company: Globavend Holdings Ltd
Filing Date: 2025-10-01
Form: F-3
Chunk 14
---
 Ordinary Shares may be prohibited from trading or delisted” in our Annual Report, which is incorporated by reference herein.

No regulatory approval is
required for Globavend Holdings to transfer cash to its subsidiaries: subject to due corporate authorization in accordance with the Memorandum
and Articles of Association of Globavend Holdings and Globavend Holdings being solvent and able to pay its debts, Globavend Holdings is
permitted under the laws of the Cayman Islands and its Memorandum and Articles of Association (as amended from time to time) to provide
funding to our subsidiaries incorporated in the British Virgin Islands (“BVI”) and Hong Kong through loans or capital
contributions. Globavend Holdings’ subsidiary formed under the laws of the BVI is permitted under the laws of the BVI to provide
funding to our HK Subsidiaries subject to certain restrictions laid down in the BVI Business Companies Act (as amended) and memorandum
and articles of association of the relevant Globavend Holdings’ subsidiary incorporated under the laws of the BVI. As a holding
company, Globavend Holdings may rely on dividends and other distributions on equity paid by its subsidiaries for its cash and financing
requirements. According to the BVI Business Companies Act (as amended), a BVI company may make dividends distribution to the extent that
immediately after the distribution, the value of the company’s assets exceeds its liabilities and that such company is able to pay
its debts as they fall due. According to the Companies Ordinance of Hong Kong, a Hong Kong company may only make a distribution
out of profits available for distribution. If any of Globavend Holdings’ subsidiaries incur debt on its own behalf in the future,
the instruments governing such debt may restrict their ability to pay dividends to Globavend Holdings. Additionally, as of the date of
this prospectus, there are no further BVI or Hong Kong statutory restrictions on the amount of funds which may be distributed by
us by dividend. However, in the future, funds may not be available to fund operations or for other use outside of Hong Kong, due
to interventions in, or the imposition of restrictions and limitations on, our ability or on our subsidiary’s ability by the PRC
government to transfer cash. Any limitation on the ability of our subsidiaries to make payments to us could have a material adverse effect
on our ability to conduct our business and might materially decrease the value of our securities or cause them to be worthless. For
a more detailed discussion of how the