Research analysts covering Globavend Holdings.
Recent press releases and 8-K filings for GVH.
Globavend Holdings Limited Announces Pricing and Closing of Registered Direct Offering
GVH
- Globavend Holdings Limited announced the pricing of a registered direct offering with gross proceeds of approximately $1.4 million.
- The offering included 889,359 ordinary shares or pre-funded warrants, with an effective purchase price of $1.60 per ordinary share.
- The offering closed on January 2, 2026, and the net proceeds are intended for working capital and general corporate purposes.
- Univest Securities, LLC acted as the sole placement agent, receiving a 7.0% cash fee of the aggregate gross proceeds.
Jan 2, 2026, 10:07 PM
Globavend Holdings Announces Closing of Registered Direct Offering
GVH
- Globavend Holdings Limited (GVH) announced the closing of a registered direct offering on January 2, 2026.
- The offering resulted in aggregate gross proceeds of approximately $1.4 million for the company.
- Under the terms of the agreement, the company sold 889,359 ordinary shares or pre-funded warrants to purchase ordinary shares.
- The effective purchase price per ordinary share was $1.60.
Jan 2, 2026, 10:00 PM
Globavend Holdings Limited Establishes Dual-Class Share Structure
GVH
- On August 27, 2025, Globavend Holdings Limited entered into a Share Subscription Agreement with its founder, CEO, and Chairman, Wai Yiu Yau, who subscribed for 100 Management Shares for a total consideration of US$1,000.
- Each Management Share is entitled to 1,000,000 votes, significantly altering the company's voting structure.
- As a result of this subscription, Wai Yiu Yau now holds approximately 98.44% of the total voting power in the Company, despite owning only about 3.62% of the total issued and outstanding shares.
- This transaction establishes a dual-class share capital structure and designates Globavend Holdings Limited as a "controlled company" under Nasdaq Stock Market Rules, which means it is exempt from certain corporate governance requirements.
Aug 29, 2025, 8:10 PM
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