Company: GVH
Filing Date: 2025-10-01
Form Type: F-3
Source: 0001213900-25-094769
Chunk: 4

Company: Globavend Holdings Ltd
Filing Date: 2025-10-01
Form: F-3
Chunk 4
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 Share has one million (1,000,000) votes. The Management Shares do not carry any dividend or distribution rights nor
are they convertible into Ordinary Shares at any time. As of the date of this prospectus, we have 1,526,113 Ordinary Shares and 100 Management
Shares issued and outstanding. Wai Yiu Yau (“Mr. Yau” or the “Controlling Shareholder”), our founder, chief executive
officer, chairman and controlling shareholder beneficially owns 57,224 Ordinary Shares and 100 Management Shares, representing approximately
3.76% of our total issued and outstanding Ordinary Shares and Management Shares and approximately 98.50% of our total voting power. As
a result, Mr. Yau will have the ability to control or significantly influence the outcome of matters requiring approval by our shareholders.
The disparate voting rights may also have anti-takeover effects preventing a change in control transaction that shareholders might consider
in their best interest. For more information about risks relating to the dual-class structure, See “Risk Factors - Risks Related to our Capital Structure - We have a dual-class share capital structure and Mr. Yau will have the ability to control or significantly influence the outcome of matters requiring approval by shareholders. The disparate voting rights may also have anti-takeover effects preventing a change in control transaction that shareholders might consider in their best interest.” on page 21 of this prospectus.

We are “controlled
company” as defined under the rules and regulations of Nasdaq because, as of the date of this prospectus, Mr. Yau owns approximately
3.76% of our total issued and outstanding Shares, representing approximately 98.50% of the total voting power. See “Prospectus Summary—Implications of Being a Controlled Company” on page 10 of this prospectus. For more information about risks relating
to “controlled company,” see “Item 3. Key Information—D. Risk Factors—Risks Relating to our Ordinary Shares—As a “controlled company” under the rules of the Nasdaq Capital Market, we may choose to exempt our Company from certain corporate governance requirements, which could have an adverse effect on our public shareholders” in the Annual Report.
See also “Risk Factors - Risks Related to our Capital Structure - We have a dual-class share capital structure and Mr. Yau will have the ability to control or significantly influence the outcome of matters requiring approval by shareholders. The disparate voting rights may also have anti-takeover