Company: GVH
Filing Date: 2025-02-12
Form Type: 20-F
Source: 0001493152-25-006117
Chunk: 49

Company: Globavend Holdings Ltd
Filing Date: 2025-02-12
Form: 20-F
Item: Item 3
Chunk 49
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 able to meet the continued listing standards of Nasdaq in the future.
If we fail to comply with the applicable listing standards and Nasdaq delists our Ordinary Shares, we and our shareholders could face
significant material adverse consequences, including:

  A limited availability of market quotations for our Ordinary Shares;                                                                 
  Reduced liquidity for our Ordinary Shares;                                                                                           
  A determination that our Ordinary Shares are “penny stock,”                                                                          
  A limited amount of news about us and analyst coverage of us; and                                                                    
  A decreased ability for us to issue additional equity securities or                                                                  

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  Table of Contents  

The U. S. National
Securities Markets Improvement Act of 1996 prevents or preempts the states from regulating the sale of certain securities, which are
referred to as “covered securities.” Because we expect that our Ordinary Shares will be listed on Nasdaq, such securities
will be covered securities. Although the states are preempted from regulating the sale of our securities, this statute does allow the
states to investigate companies if there is a suspicion of fraud and, if there is a finding of fraudulent activity, then the states can
regulate or bar the sale of covered securities in a particular case. Further, if we were no longer listed on Nasdaq, our securities would
not be covered securities and we would be subject to regulations in each state in which we offer our securities.

Because the amount, timing, and
whether or not we distribute dividends at all is entirely at the discretion of our board of directors, you must rely on price appreciation
of our Ordinary Shares for return on your investment.

Our board of directors
has complete discretion as to whether to distribute dividends under our Memorandum and Articles. The declaration and payment of all dividends
are subject to certain restrictions under Cayman Islands law, namely that the Company may only pay dividends out of profits or share
premium and provided that under no circumstances may a dividend be paid if this would result in the Company being unable to pay its debts
as they fall due in the ordinary course of business. Even if our board of directors decides to declare and pay dividends, the timing,
amount, and form of future dividends, if any, will depend on, among other things, our future results of operations and cash flow; our
capital requirements and surplus; the amount of distributions, if any, received by us from our subsidiaries; and our financial condition,
contractual restrictions, and other factors deemed relevant by our board of directors. Accordingly, the