Company: GVH
Filing Date: 2025-10-01
Form Type: F-3
Source: 0001213900-25-094769
Chunk: 38

Company: Globavend Holdings Ltd
Filing Date: 2025-10-01
Form: F-3
Chunk 38
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 corporate governance requirements that provide protection to shareholders of other companies. For so long as we are a controlled company under that definition, we are permitted to elect to rely, and may rely, on certain exemptions from corporate governance rules, including:

| ● | an exemption from the rule                                               
 that a majority of our board of directors must be independent directors; |

| ● | an exemption from the rule                                                                                                  
 that the compensation of our chief executive officer must be determined or recommended solely by independent directors; and |

| ● | an exemption from the rule                                                                  
 that our director nominees must be selected or recommended solely by independent directors. |

As a result, you will not have the same protection afforded to shareholders of companies that are subject to these corporate governance requirements. Although we do not intend to rely on the “controlled company” exemption under the Nasdaq listing rules, we could elect to rely on this exemption. If we elected to rely on the “controlled company” exemption, a majority of the members of our board of directors might not be independent directors and our nominating and corporate governance and compensation committees might not consist entirely of independent directors. See “ Risk Factors — Risks Related to Our Ordinary Shares— As a “controlled company” under the rules of Nasdaq, we may choose to exempt our Company from certain corporate governance requirements, which could have an adverse effect on our public shareholders.” Implications of Being an Emerging Growth Company and a Foreign Private Issuer As a company with less than US$1.235 billion in revenue during our last fiscal year, we qualify as an “emerging growth company” as defined in the Jumpstart Our Business Startups Act (the “JOBS Act”), enacted in April 2012, and may take advantage of reduced reporting requirements that are otherwise applicable to public companies. These provisions include, but are not limited to:

| ● | being permitted to present                                                                                           
 only two years of audited financial statements and only two years of related Management’s Discussion and Analysis of 
 Financial Condition and Results of Operations in our filings with the SEC;                                           |

| ● | not being required to comply                                                                                  
 with the auditor attestation requirements in the assessment of our internal control over financial reporting; |

| ● | reduced disclosure obligations                                                                           
 regarding executive compensation in periodic reports, proxy statements, and registration statements; and |

| ● | exemptions from the requirements                                                                                                         
 of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously 
 approved.                                                                                                                                |

We may take advantage of these