Company: GVH
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052766
Chunk: 94

Company: Globavend Holdings Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 94
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 a cashless exercise, in which case the holder would receive
upon such exercise the net number of Ordinary Shares determined according to the formula set forth in the Series A Warrant. No fractional
shares will be issued in connection with the exercise of a Series A Warrant. In lieu of fractional shares, we will pay the holder
an amount in cash equal to the fractional amount multiplied by the exercise price or round up to the next whole share.

Exercise Limitation.A
holder will not have the right to exercise any portion of the Series A Warrant 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 Series A Warrants. However, any holder may increase 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.

Exercise Price.The
exercise price per whole Ordinary Share purchasable upon exercise of the Series A Warrants is 100% of the price per Ordinary Unit
sold in this Offering. The exercise price of each Series A Warrant will be reset immediately following the thirtieth (30) calendar
day (the “Reset Date”) following the issuance date of the Series A Warrants to a price equal to 105% of the arithmetic
average of the sum of the three lowest per share VWAPs of the Ordinary Shares on Nasdaq for the five (5) trading days immediately
prior to the Reset Date, provided that such price shall not be lower than the Floor Price. The exercise price is subject to appropriate
adjustment in the event of certain stock dividends and distributions, stock splits, stock combinations, reclassifications or similar events
affecting our Ordinary Shares and also upon any distributions of assets, including cash, stock or other property to our shareholders.

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Transferability.Subject
to applicable laws, the Series A Warrants may be offered for sale, sold, transferred or assigned without our consent.

Exchange Listing.We
do not intend to apply to list the Series A Warrants on any securities exchange or other nationally recognized trading system. Without
an active trading market, the liquidity of the Series A Warrants will be limited.

Fundamental Transactions.In
the event of a Fundamental Transaction (as defined in the Series