Lucosky Brookman LLP Acts as Placement Agent Counsel to Univest Securities in Globavend Holdings Limited $1.4 Million Registered Direct Offering
Globavend Holdings Limited (Nasdaq: GVH), an emerging e-commerce logistics provider offering end-to-end cross-border logistics solutions, announced the closing of a $1.4 million registered direct offering of its ordinary shares and pre-funded warrants.
Pursuant to the securities purchase agreement, the Company sold an aggregate of 889,359 ordinary shares or pre-funded warrants at an effective purchase price of $1.60 per share, resulting in gross proceeds of approximately $1.4 million.
The registered direct offering was conducted pursuant to an effective shelf registration statement on Form F-3 (File No. 333-290675) filed with and declared effective by the U.S. Securities and Exchange Commission. A final prospectus supplement and accompanying prospectus describing the terms of the offering were filed with the SEC.
Lucosky Brookman LLP acted as counsel to Univest Securities, LLC. Univest Securities, LLC acted as the sole placement agent.