Company: GVH
Filing Date: 2025-10-01
Form Type: F-3
Source: 0001213900-25-094769
Chunk: 39

Company: Globavend Holdings Ltd
Filing Date: 2025-10-01
Form: F-3
Chunk 39
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 provisions until the last day of our fiscal year following the fifth anniversary of the date of the first sale of our Ordinary Shares pursuant to our IPO in November 2023. However, if certain events occur before the end of such five-year period, including if we become a “large accelerated filer,” our annual gross revenues exceed US$1.235 billion, or we issue more than US$1 billion of non-convertible debt in any three-year period, we will cease to be an emerging growth company before the end of such five-year period.

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In addition, 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