Company: GVH
Filing Date: 2025-10-01
Form Type: F-3
Source: 0001213900-25-094769
Chunk: 56

Company: Globavend Holdings Ltd
Filing Date: 2025-10-01
Form: F-3
Chunk 56
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| ● | Rule 5250(b)(3), which                                                
 requires disclosure of third party director and nominee compensation. |

We submitted to Nasdaq a
written statement by counsel of the Cayman Islands certifying that the above non-compliant practices are not prohibited under the laws
of the Cayman Islands, the Company’s home jurisdiction. In future, we may also rely on home country practices with respect to our
other corporate governance. As a result of which, our shareholders may be afforded less protection than they would otherwise enjoy under
the Nasdaq corporate governance listing standards applicable to U.S. domestic issuers.

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We may lose our foreign private issuer status in the future, which could result in significant additional costs and expenses.

We are a foreign private
issuer, and therefore, we are not required to comply with all of the periodic disclosure and current reporting requirements of the Exchange Act.
The determination of foreign private issuer status is made annually on the last business day of an issuer’s most recently completed
second fiscal quarter. We would lose our foreign private issuer status if, for example, more than 50% of our Ordinary Shares are directly
or indirectly held by residents of the United States and we fail to meet additional requirements necessary to maintain our foreign
private issuer status. If we lose our foreign private issuer status on this date, we will be required to file with the SEC periodic reports
and registration statements on U.S. domestic issuer forms, which are more detailed and extensive than the forms available to a foreign
private issuer. We will also have to mandatorily comply with U.S. federal proxy requirements, and our officers, directors, and principal
shareholders will become subject to the short-swing profit disclosure and recovery provisions of Section 16 of the Exchange Act.
In addition, we will lose our ability to rely upon exemptions from certain corporate governance requirements under the Nasdaq rules. As
a U.S.-listed public company that is not a foreign private issuer, we will incur significant additional legal, accounting, and other expenses
that we will not incur as a foreign private issuer in order to maintain a listing on a U.S. securities exchange.

There can be no assurance that we will not be a passive foreign investment company (“PFIC”) for U.S. federal income tax purposes for any taxable year, which could result in adverse U.S. federal income tax consequences to U.S. holders of our Ordinary Shares.

A non-U.S. corporation
will be a