Company: GVH
Filing Date: 2025-06-27
Form Type: 424B4
Source: 0001213900-25-058674
Chunk: 39

Company: Globavend Holdings Ltd
Filing Date: 2025-06-27
Form: 424B4
Chunk 39
---
 Section 107 of the JOBS Act provides that an “emerging growth company” can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. We have elected to take advantage of the extended transition period for complying with new or revised accounting standards and acknowledge such election is irrevocable pursuant to Section 107 of the JOBS Act. We are a foreign private issuer as defined by the SEC. As a result, in accordance with the rules and regulations of Nasdaq, we may comply with home country governance requirements and certain exemptions thereunder rather than complying with Nasdaq corporate governance standards. We may choose to take advantage of the following exemptions afforded to foreign private issuers:

| ● | Exemption from                                                                 
 filing quarterly reports on Form 10-Q or providing current reports on Form 8-K 
 disclosing significant events within four days of their occurrence.            |

| ● | Exemption from Section 16 rules regarding sales of Ordinary                                                                               
 Shares by insiders, which will provide less data in this regard than shareholders of U.S. companies that are subject to the Exchange Act. |

| ● | Exemption from the Nasdaq rules applicable to domestic issuers                                                                         
 requiring disclosure within four business days of any determination to grant a waiver of the code of business conduct and ethics       
 to directors and officers. Although we will require board approval of any such waiver, we may choose not to disclose the waiver in the 
 manner set forth in the Nasdaq rules, as permitted by the foreign private issuer exemption.                                            |

Furthermore, Nasdaq Rule 5615(a)(3) provides that a foreign private issuer, such as us, may rely on our home country corporate governance practices in lieu of certain of the rules in the Nasdaq Rule 5600 Series and Rule 5250(d), provided that we nevertheless comply with Nasdaq’s Notification of Noncompliance requirement (Rule 5625), the Voting Rights requirement (Rule 5640) and that we have an audit committee that satisfies Rule 5605(c)(3), consisting of committee members that meet the independence requirements of Rule 5605(c)(2)(A)(ii). If we rely on our home country corporate governance practices in lieu of certain of the rules of Nasdaq, our shareholders may not have the same protections afforded to shareholders of companies that are subject to all of the corporate governance requirements of Nasdaq. If we choose to do so, we may utilize these exemptions for as long as