Company: GVH
Filing Date: 2025-05-23
Form Type: F-1
Source: 0001213900-25-046965
Chunk: 94

Company: Globavend Holdings Ltd
Filing Date: 2025-05-23
Form: F-1
Chunk 94
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arrant will not be deemed a holder of our underlying Ordinary Shares until the Pre -FundedWarrant is exercised. The exercise price and the number of Ordinary Shares issuable upon exercise of the Pre -FundedWarrants is subject to appropriate adjustment in the event of recapitalization events, stock dividends, stock splits, stock combinations, reclassifications, reorganizations or similar events affecting our Ordinary Shares. The Pre -FundedWarrant holders must pay the exercise price in cash upon exercise of the Pre -FundedWarrants, unless such Pre -FundedWarrant holders are utilizing the cashless exercise provision of the Pre -FundedWarrants. 50 The Pre -FundedWarrant holders must pay the exercise price in cash upon exercise of the Pre -FundedWarrants unless there is not an effective registration statement covering the issuance of the shares underlying the Pre -FundedWarrants (in which case, the Pre -FundedWarrants may only be exercised via a “cashless” exercise provision). Upon the holder’s exercise of a Pre -FundedWarrant, we will issue the Ordinary Shares issuable upon exercise of the Pre -FundedWarrant within one trading day following our receipt of a notice of exercise, provided that payment of the exercise price has been made (unless exercised to the extent permitted via the “cashless” exercise provision). Prior to the exercise of any Pre -FundedWarrants to purchase Ordinary Shares, holders of the Pre -FundedWarrants will not have any of the rights of holders of Ordinary Shares purchasable upon exercise, including the right to vote, except as set forth therein. The Pre -Fundedholder will not have the right to exercise any portion of the Pre -FundedWarrant if the holder (together with its affiliates) would beneficially own in excess of 4.99% of the number of Ordinary Shares outstanding immediately after giving effect to the exercise, as such percentage ownership is determined in accordance with the terms of the Pre -FundedWarrants. However, any Pre -FundedWarrant holder may increase or decrease such percentage to any other percentage not in excess of 9.99%, provided that any increase in such percentage shall not be effective until 61 days following notice from the holder to us. Fundamental Transaction.In the event of a fundamental transaction, as described in the Pre -FundedWarrants and generally including any reorganization, recapitalization or reclassification of our Ordinary Shares, the sale, transfer or other disposition of all