Company: GVH
Filing Date: 2025-06-27
Form Type: 424B4
Source: 0001213900-25-058674
Chunk: 74

Company: Globavend Holdings Ltd
Filing Date: 2025-06-27
Form: 424B4
Chunk 74
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.57, our pro forma as adjusted net tangible book value
as of September 30, 2024 would have been $17,775,692.00 or $0.48 per Ordinary Share.

This represents an immediate increase in the pro forma as adjusted
net tangible book value per share of $0.16 to the existing stockholders and an immediate dilution in pro forma as adjusted net tangible
book value per share of $0.21 to new investors who purchase Units in the offering. The following table illustrates this per share
dilution to new investors:

| Public offering price per Ordinary Unit                                                                                                      |     | $ | 0.69 |
| Historical pro forma net tangible book value of our Ordinary Shares as of September 30, 2024                                                 |     | $ | 0.32 |
| Increase in pro forma as adjusted net tangible book value per Ordinary Share attributable to new investors purchasing Units in this Offering |     | $ | 0.16 |
| Pro forma as adjusted net tangible book value per Ordinary Share after this Offering                                                         |     | $ | 0.48 |
| Dilution per Ordinary Share to new investors in this Offering                                                                                |     | $ | 0.21 |

The above discussion and table
are based on 14,931,123 shares of our Ordinary Shares outstanding as of September 30, 2024, and 14,978,899 shares of our Ordinary
Shares outstanding as of the date of this prospectus on a pro forma basis.

To the extent that outstanding
warrants are exercised, you will experience further dilution. In addition, we may choose to raise additional capital due to market conditions
or strategic considerations even if we believe we have sufficient funds for our current or future operating plans. To the extent that
additional capital is raised through the sale of equity or convertible debt securities, the issuance of these securities may result in
further dilution to our stockholders.

<div align='center'>37

DESCRIPTION OF SHARE CAPITAL</div>

The following description of
the share capital of the Company and the provisions of our Memorandum and Articles of Association are summaries, do not purport to be
complete and is qualified in its entirety by reference to our Memorandum and Articles of Association, filed as an exhibit to the registration
statement of which this prospectus is a part.

We are a Cayman Islands exempted
company and our affairs are governed by our Memorandum and Articles of Association, as amended from time to time, and