Company: GVH
Filing Date: 2025-10-01
Form Type: F-3
Source: 0001213900-25-094769
Chunk: 61

Company: Globavend Holdings Ltd
Filing Date: 2025-10-01
Form: F-3
Chunk 61
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. Yau will have the ability to control or significantly influence the outcome of matters requiring approval by shareholders. The disparate voting rights may also have anti-takeover effects preventing a change in control transaction that shareholders might consider in their best interest.

Our authorized and issued
Shares comprised of Ordinary Shares and Management Shares.

As of the date of this prospectus,
there are currently 1,526,213 Shares issued and outstanding, comprising 1,526,113 Ordinary Shares and 100 Management Shares. Unless otherwise
provided in the Memorandum and Articles of the Company and/or the terms of issue of the Management Shares, holders of Ordinary Shares
and Management Shares shall at all times vote together as one class on all matters submitted to a vote by the shareholders. Each Ordinary
Share has one (1) vote and each Management Share has one million (1,000,000) votes. The Management Shares do not carry any dividend or
distribution rights nor are they convertible into Ordinary Shares at any time.

The Management Shares outstanding
are beneficially owned by Mr. Yau, representing approximately 98.44% of the aggregate voting power of our currently outstanding Shares
as of the date hereof. Together with the Ordinary Shares that Mr. Yau beneficially owns, Mr. Yau owns approximately 98.50% of our voting
rights. Because of the one-million-to-one voting ratio between our Management Shares and Ordinary Shares, Mr. Yau will continue to control
a majority of the combined voting power of our Ordinary Shares and Management Shares and therefore be able to control all matters submitted
to our shareholders for approval. Mr. Yau will be able to retain such control as long as the number of Management Shares that he holds
is not less than approximately 0.06% of our total issued and outstanding Shares, assuming that he does not hold any of our Ordinary Shares.
This concentrated control will limit the ability of holders of Ordinary Shares to influence corporate matters for the foreseeable future.
Furthermore, should the Company decide to issue additional Management Shares in the future, the one-million-to-one voting ratio between
the two classes of our Ordinary Shares will result in a further dilutive effect on the holders of Ordinary Shares.

As a result, for so long
as Mr. Yau owns a controlling or significant voting interest in our Shares, he generally may be able to control or significantly influence,
directly or indirectly and subject to applicable law, all matters affecting us, including without limitation:

| ● | the election of directors;