Company: GVH
Filing Date: 2025-06-27
Form Type: 424B4
Source: 0001213900-25-058674
Chunk: 14

Company: Globavend Holdings Ltd
Filing Date: 2025-06-27
Form: 424B4
Chunk 14
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 (United States) (the
“PCAOB”) is unable to inspect our auditors for two consecutive years. Pursuant to the HFCA Act, the PCAOB issued a
Determination Report on December 16, 2021 which found that the PCAOB is unable to inspect or investigate completely registered
public accounting firms headquartered in: (i) mainland China and (ii) Hong Kong; and such
report identified the specific registered public accounting firms which are subject to these determinations. On August 26,
2022, the PCAOB signed a Statement of Protocol with the CSRC and China’s Ministry of Finance in respect of cooperation on the
oversight of PCAOB-registered public accounting firms based in mainland China and Hong Kong. Pursuant to the Statement of
Protocol, the PCAOB conducted inspections on select registered public accounting firms subject to the Determination Report in
Hong Kong between September 2022 and November 2022. On December 15, 2022, the PCAOB board announced that it has
completed the inspections, determined that it had complete access to inspect or investigate completely registered public accounting
firms headquartered in mainland China and Hong Kong, and voted to vacate the Determination Report. Our auditor, ZH CPA, LLC,
the independent registered public accounting firm that issued the audit report included in this prospectus, as an auditor of
companies that are traded publicly in the United States and a firm registered with the PCAOB, is subject to laws in the
United States pursuant to which the PCAOB conducts regular inspections to assess ZH CPA, LLC’s compliance with applicable
professional standards. ZH CPA, LLC is headquartered in Denver, Colorado, and can be inspected by the PCAOB. ZH CPA, LLC was
not identified in the Determination Report as a firm subject to the PCAOB’s determination. Notwithstanding the foregoing, in
the event that, in the future, the PCAOB determines that it is not able to fully conduct inspections of our auditor for three
consecutive years, or the PCAOB re-evaluates its determination as a result of any obstruction with the implementation of the
Statement of Protocol in the future, trading of our securities on a national securities exchange or in the over-the counter market
may be prohibited under the HFCA Act and our access to the U.S. capital markets may be limited or restricted. In addition, on
June 22, 2021, the U.S. Senate passed the Accelerating Holding Foreign Companies Account