Company: GVH
Filing Date: 2025-04-15
Form Type: DRS
Source: 0001641172-25-004806
Chunk: 36

Company: Globavend Holdings Ltd
Filing Date: 2025-04-15
Form: DRS
Chunk 36
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 compensation in periodic reports, proxy statements, and registration statements; and        |
| ● | exemptions                                                                                                                             
 from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute 
 payments not previously approved.                                                                                                      |

We may take advantage of these provisions until the last day of our fiscal year following the fifth anniversary of the date of the first sale of our Ordinary Shares pursuant to our IPO in November 2023. However, if certain events occur before the end of such five-year period, including if we become a “large accelerated filer,” our annual gross revenues exceed US$1.235 billion, or we issue more than US$1 billion of non-convertible debt in any three-year period, we will cease to be an emerging growth company before the end of such five-year period.

In addition, Section 107 of the JOBS Act provides that an “emerging growth company” can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. We have elected to take advantage of the extended transition period for complying with new or revised accounting standards and acknowledge such election is irrevocable pursuant to Section 107 of the JOBS Act.

We are a foreign private issuer as defined by the SEC. As a result, in accordance with the rules and regulations of Nasdaq, we may comply with home country governance requirements and certain exemptions thereunder rather than complying with Nasdaq corporate governance standards. We may choose to take advantage of the following exemptions afforded to foreign private issuers:

| ● | Exemption                                                                                                                        
 from filing quarterly reports on Form 10-Q or provide current reports on Form 8-K disclosing significant events within four days 
 of their occurrence.                                                                                                             |

| 11 |

| ● | Exemption                                                                                                                           
 from Section 16 rules regarding sales of Ordinary Shares by insiders, which will provide less data in this regard than shareholders 
 of U.S. companies that are subject to the Exchange Act.                                                                             |
| ● | Exemption                                                                                                                           
 from the Nasdaq rules applicable to domestic issuers requiring disclosure within four business days of any determination to grant   
 a waiver of the code of business conduct and ethics to directors and officers. Although we will require board approval of any such  
 waiver, we may choose not to disclose the waiver in the manner set forth in the Nasdaq rules, as permitted by the foreign private   
 issuer exemption.                                                                                                                   |

Furthermore, Nasdaq Rule