IPO - Globavend Holdings Ltd

Form Type: F-1

Filing Date: 2025-05-23

Corporate Action: Ipo

Type: New

Accession Number: 000121390025046965

Filing Summary: Globavend Holdings Limited is filing a registration statement for an initial public offering (IPO) under the Securities Act of 1933. The company plans to offer up to 16,176,471 Ordinary Units, each consisting of one ordinary share, one Series A warrant, and one Series B warrant, with a proposed offering price of $1.36 per unit as indicated by the closing price of its Ordinary Shares on Nasdaq on May 19, 2025. Additionally, it plans to offer up to 16,176,471 Pre-Funded Units for those purchasers whose ownership would exceed 4.99% of outstanding shares. The shares are intended for public sale following the effective registration statement. Globavend Holdings is a Cayman Islands entity with a holding company structure, primarily engaged in e-commerce logistics through its subsidiary, Globavend HK, which operates in Hong Kong. The company is categorized as an emerging growth company and is subject to the risks associated with its operations and the regulatory environment in which it operates, particularly concerning compliance with the listing and trading requirements of Nasdaq. The offering may face market conditions that could affect the final sale price and number of units sold. Significant regulatory and operational risks exist, particularly related to changes in the PRC government policies and impacts on the company's ability to operate and raise capital in the U.S. market.