Company: GVH
Filing Date: 2025-02-12
Form Type: 20-F
Source: 0001493152-25-006117
Chunk: 55

Company: Globavend Holdings Ltd
Filing Date: 2025-02-12
Form: 20-F
Item: Item 3
Chunk 55
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 a foreign private issuer
within the meaning of the rules under the Exchange Act, and, as such, we are exempt from certain provisions applicable to U. S. domestic
public companies.

Because we qualify
as a foreign private issuer under the Exchange Act, we are exempt from certain provisions of the securities rules and regulations in
the United States that are applicable to U. S. domestic issuers, including:

  The rules under the Exchange Act requiring the filing with the SEC                                                                
  of quarterly reports on Form 10-Q or current reports on Form 8-K;                                                                 
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  The sections of the Exchange Act regulating the solicitation of proxies,                                                          
  The sections of the Exchange Act requiring insiders to file public                                                                
  The selective disclosure rules by issuers of material non-public information                                                      

We will be required
to file an annual report on Form 20-F within four months of the end of each fiscal year. Press releases relating to financial results
and material events will also be furnished to the SEC on Form 6-K. However, the information we are required to file with or furnish to
the SEC will be less extensive and less timely compared to that required to be filed with the SEC by U. S. domestic issuers. As a result,
you may not be afforded the same protections or information that would be made available to you were you investing in a U. S. domestic
issuer.

As a foreign private issuer, we
are permitted to adopt certain home country practices in relation to corporate governance matters that differ significantly from Nasdaq
corporate governance listing standards. These practices may afford less protection to shareholders than they would enjoy if we complied
fully with Nasdaq corporate governance listing standards.

As a foreign private
issuer, we are permitted to take advantage of certain provisions in the Nasdaq rules that allow us to follow our home country law for
certain governance matters. Certain corporate governance practices in our home country, the Cayman Islands, may differ significantly
from corporate governance listing standards. Currently, we do not intend to rely on home country practices with respect to our corporate
governance. However, if we choose to follow home country practices in the future, our shareholders may be afforded less protection than
they would otherwise enjoy under the Nasdaq corporate governance listing standards applicable to U. S. domestic issuers.

We may lose our foreign private
issuer status in the future, which could