IPO - Globavend Holdings Ltd

Form Type: 424B4

Filing Date: 2025-06-27

Corporate Action: Ipo

Type: New

Accession Number: 000121390025058674

Filing Summary: Globavend Holdings Limited is conducting an initial public offering offering up to 21,739,130 ordinary units at a public offering price of $0.69 per unit. Each ordinary unit consists of one ordinary share and two types of warrants. The company also provides an option for buyers whose purchases would result in owning more than 4.99% of outstanding shares to buy pre-funded units. The offering aims at raising capital and is set to close by July 16, 2025, with the possibility of selling fewer than the total offered units. The prospectus notes a past compliance issue with Nasdaq's minimum bid price requirement, which was resolved prior to this filing. Investors are cautioned about liquidity risks and regulatory uncertainties, particularly concerning operations in Hong Kong and oversight from PRC authorities. The company's shares are traded on Nasdaq under the symbol 'GVH'.

Form Type: F-1/A

Filing Date: 2025-06-10

Corporate Action: Ipo

Type: Update

Accession Number: 000121390025052766

Filing Summary: Globavend Holdings Limited is amending its registration statement under the Securities Act of 1933 for a proposed initial public offering (IPO) of up to 16,176,471 Ordinary Units. Each Ordinary Unit consists of one ordinary share, one Series A warrant, and one Series B warrant. The assumed public offering price is $1.36 per Ordinary Unit, based on the closing price of its ordinary shares on May 19, 2025. Additionally, pre-funded units are available for certain purchasers exceeding beneficial ownership thresholds. The offering includes warrants that have unique exercise features, including a zero exercise price option for Series B Warrants. The company has undergone a corporate governance change with an extraordinary general meeting held on April 28, 2025, to increase its authorized share capital and amend its articles of association. The company has regained compliance with Nasdaq's minimum bid price requirement, but future sales from this offering may affect share price and lead to compliance risk. Regulatory uncertainties stemming from operations in Hong Kong under PRC laws could significantly impact its business and stock value. Investors are advised of the speculative nature of this investment.

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.