Company: GVH
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052766
Chunk: 50

Company: Globavend Holdings Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 50
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 imposed in the future, may delay or hinder the expansion of our business to outside of Hong Kong
and may affect our ability to receive funds from our operating subsidiary in Hong Kong. The promulgation of new laws or regulations,
or the new interpretation of existing laws and regulations, in each case, that restrict or otherwise unfavorably impact the ability or
way we conduct our business, could require us to change certain aspects of our business to ensure compliance, which could decrease demand
for our services; reduce revenues; increase costs; require us to obtain more licenses, permits, approvals, or certificates; or subject
us to additional liabilities. To the extent any new or more stringent measures are required to be implemented, our business, financial
condition, and results of operations could be adversely affected, and such measures could materially decrease the value of our Ordinary
Shares, potentially rendering them worthless. Further, any limitation on the ability of our subsidiaries to pay dividends or make other
distributions to us could materially and adversely limit our ability to grow, make investments or acquisitions that could be beneficial
to our business, pay dividends, or otherwise fund and conduct our business.

Any lack of effective internal controls over financial reporting may affect our ability to accurately report our financial results or prevent fraud, which may affect the market for and price of our Ordinary Shares.

We are a public company in
the United States subject to the Sarbanes-Oxley Act. Section 404 of the Sarbanes-Oxley Act requires that we include a report
of management on our internal control over financial reporting in our annual report on Form 20-F. Our management may conclude
that our internal control over financial reporting is not effective. Moreover, even if our management concludes that our internal control
over financial reporting is effective, our independent registered public accounting firm, after conducting its own independent testing,
may issue a report that is qualified if it is not satisfied with our internal controls or the level at which our controls are documented,
designed, operated or reviewed, or if it interprets the relevant requirements differently from us. In addition, our reporting obligations
as a public company may place a significant strain on our management, operational and financial resources and systems for the foreseeable
future. We may be unable to timely complete our evaluation testing and any required remediation. Our independent registered public accounting
firm has not conducted an audit of our internal control over financial reporting. In the course of management’s preparation and
our independent registered public accounting firm’s auditing our consolidated financial statements for the