Globavend Holdings Limited (Nasdaq: GVH), an emerging e-commerce logistics provider, announced the pricing of a public offering providing for aggregate gross proceeds of approximately $1.4 million, before placement agent fees and other estimated offering expenses, subject to customary closing conditions.
The offering consists of 889,359 ordinary shares or pre-funded warrants to purchase ordinary shares at an effective purchase price of $1.60 per share. The offering is expected to close on January 2, 2026.
The securities are being offered pursuant to an effective registration statement on Form F-3 (File No. 333-290675) previously filed with and declared effective by the U.S. Securities and Exchange Commission. A final prospectus relating to the offering will be filed with the SEC.
Net proceeds from the offering are expected to be used for working capital and general corporate purposes.
Univest Securities, LLC is acting as sole placement agent for the offering. Lucosky Brookman LLP acted as counsel to Univest Securities, LLC in connection with the transaction.
