Company: GVH
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052766
Chunk: 7

Company: Globavend Holdings Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 7
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minimum offering amount, investors could be in a position where they have invested in our company, but we are unable to fulfill our objectives
due to a lack of interest in this Offering. Also, any proceeds from the sale of Units offered by us will be available for our immediate
use, despite uncertainty about whether we would be able to use such funds to effectively implement our business plan. See “Risk Factors,” beginning on page 14. We may undertake one or more closings for the sale of the Units to the investors. We
expect to hold an initial closing on , 2025, but the offering will be terminated by , 2025 provided that the closing(s) of
this Offering for all of the Units have not occurred by such date. Any extensions or material changes to the terms of this Offering
will be contained in an amendment to this prospectus.

Given the relative lack of
liquidity in our stock, sales of the Units under the registration statement of which this prospectus is a part could result in a
significant decline in the market price of our securities.

On August 16, 2024,
we received a notice from Nasdaq that we were not in compliance with Nasdaq’s minimum bid price requirement under Nasdaq Listing
Rule 5550(a)(2) as the minimum bid price of our Ordinary Shares had been below $1.00 per share (the “Minimum Bid Price”)
for 30 consecutive business days (the “Minimum Bid Price Requirement”). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A),
we had until February 12, 2025 to regain compliance with the Minimum Bid Price Requirement. To regain compliance, the minimum bid
price of our Ordinary Shares must meet or exceed $1.00 per share for a minimum of ten consecutive business days during this grace
period. On February 13, 2025, the Company received a letter from Nasdaq, indicating that the Company is granted an additional 180
calendar days, or until August 11, 2025, to regain compliance with the Minimum Bid Price Requirement or be subject to delisting.
In the event we did not regain compliance with the Minimum Bid Price Requirement by August 11, 2025, our Ordinary Shares would become
subject to delisting. On May 23, 2025, we received a notification letter from Nasdaq confirming that we evidenced a closing bid price
at or greater than $1.00 per share for the last 10 consecutive business