Company: GVH
Filing Date: 2025-06-27
Form Type: 424B4
Source: 0001213900-25-058674
Chunk: 24

Company: Globavend Holdings Ltd
Filing Date: 2025-06-27
Form: 424B4
Chunk 24
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 public offering and listed our Ordinary Shares on Nasdaq under the symbol “GVH”. We raised approximately US$3.0 million in net proceeds from the issuance of new Ordinary Shares from the initial public offering after deducting underwriting discounts, commissions and expenses. The charts below illustrate our corporate structure and subsidiaries as of the date of this prospectus:

<div align='center'>2</div>

We are a “controlled
company” as defined under the rules and regulations of Nasdaq because, as of the date of this prospectus, our Controlling Shareholder
owns approximately 76.4% of our total issued and outstanding Ordinary Shares, representing approximately 76.4% of the total voting power.

<div align='center'>Holding Company Structure</div>

Globavend Holdings is a holding
company incorporated in the Cayman Islands with no material operations of its own, and we conduct our operations primarily in Hong Kong
through our HK Subsidiaries. This is an offering of the Ordinary Shares of Globavend Holdings, the holding company in the Cayman Islands,
instead of the shares of our HK Subsidiaries. Investors in this Offering will not directly hold any equity interests in any of our HK
Subsidiaries.

As a result of our corporate
structure, Globavend Holdings’ ability to pay dividends may depend upon dividends paid by our HK Subsidiaries, including Globavend
HK. If our HK Subsidiaries, including our existing operating subsidiary Globavend HK, or any newly formed ones incur debt on their
own behalf in the future, the instruments governing their debt may restrict their ability to pay dividends to us.

<div align='center'>Transfers of Cash To and From Our Subsidiaries</div>

Our management monitors the
cash position of our HK Subsidiaries regularly and prepares budgets on a monthly basis to ensure they have the necessary funds to fulfill
their obligations for the foreseeable future and to ensure adequate liquidity. In the event that there is a need for cash or a potential
liquidity issue, it will be reported to our Chief Financial Officer and subject to approval by our board of directors.

The ability of Globavend Holdings
to transfer cash to its subsidiaries is subject to the 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