Company: GVH
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052766
Chunk: 6

Company: Globavend Holdings Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 6
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,000,000
divided into 2,000,000,000 shares of US$0.001 par value each and adopted the Second Amended and Restated Memorandum and Articles of
Association. Pursuant to the Second Amended and Restated Memorandum and Articles of Association, the board of directors of the
Company (the “Board”) is empowered to authorize by resolutions from time to time the issuance of one or more classes or
series of preferred or other shares and to fix the designations, powers, preferences and relative, participating, optional and other
rights, if any, and the qualifications, limitations and restrictions thereof, if any, including, without limitation, the
number of shares constituting each such class or series, dividend rights, conversion rights, redemption privileges, voting powers,
full or limited or no voting powers, and liquidation preferences, and to increase or decrease the size of any such class or series
(but not below the number of shares of any class or series of shares then outstanding) to the extent permitted by the Companies Act
(as amended) without further approval of the shareholders. In addition, we also obtained shareholder approval which empowers the
Board to effect a reserve stock spilt of our Ordinary Shares with a ratio ranging from two Ordinary Shares to one Ordinary Share to
two hundred and fifty Ordinary Shares to one Ordinary Share (the “Reverse Stock Split”).

The number of Units offered
in this prospectus and all other applicable information has been determined based on an assumed public offering price of $1.36 per Ordinary
Unit, which is the closing price of our Ordinary Shares on Nasdaq on May 19, 2025. The actual number of Units sold in the Offering
will be determined between us and Univest Securities, LLC (the “Placement Agent”) and purchasers based on market conditions
at the time of pricing and may reflect a discount to the current market price for our Ordinary Shares. Therefore, the recent market price
used throughout this preliminary prospectus as a basis for an assumed public offering price per Ordinary Unit may not be indicative of
the final offering price.

Because there is no minimum
offering amount required as a condition to closing this Offering, we may sell fewer than all of the Units offered hereby, which
may significantly reduce the amount of proceeds received by us, and investors in this Offering will not receive a refund in the event
that we do not sell an amount of Units sufficient to pursue the business goals outlined in this prospectus. Because there is