Company: GVH
Filing Date: 2025-04-15
Form Type: DRS
Source: 0001641172-25-004806
Chunk: 38

Company: Globavend Holdings Ltd
Filing Date: 2025-04-15
Form: DRS
Chunk 38
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 total number of Ordinary Shares of [●] excludes [●] Ordinary Shares issuable upon exercise of the Warrants 
 issued as part of this Offering.                                                                           |

| 14 |

<div align='center'>RISK FACTORS</div>

An investment in our securities involves significant risk. The occurrence of any of the following risks could have a material adverse effect on our business, financial condition, results of operations, and future growth prospects. Before making an investment in our securities, you should carefully consider the following information about these risks, including the risk factors described in our Annual Report, and all other information contained or incorporated by reference into this prospectus before deciding to invest in our securities. The risks and uncertainties not presently known to us or that we currently deem immaterial may also materially harm our business, operating results and financial condition and could result in a complete loss of your investment.

<div align='center'>Risks Related to Our Ordinary Shares</div>

We have received a deficiency letter from Nasdaq relating to our non-compliance with Nasdaq’s continued listing requirements and our Ordinary Shares could become subject to delisting from Nasdaq if we fail to regain compliance.

On August 16, 2024, we received a notice from Nasdaq that we are not in compliance with Nasdaq’s minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) as the minimum bid price of our ordinary share had been below $1.00 per share for 30 consecutive business days (the “Minimum Bid Price Requirement”). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), we had until February 12, 2025 to regain compliance with the Minimum Bid Price Requirement. To regain compliance, the minimum bid price of our Ordinary Shares must meet or exceed $1.00 per share for a minimum of ten consecutive business days during this grace period. On February 13, 2025, the Company received a letter from Nasdaq, indicating that the Company is granted an additional 180 calendar days, or until August 11, 2025, to regain compliance with the Minimum Bid Price Rule or be subject to delisting. In the event we do not regain compliance with the Minimum Bid Price Requirement by August 11, 2025, our Ordinary Shares will become subject to delisting.

We
intend to actively monitor the closing bid price for its Ordinary Shares and will consider available options to resolve the deficiency
and regain compliance with the Minimum Bid Price Requirement. To cure the deficiency, we are seeking