Globavend Holdings Limited announces pricing of $1.4 million public offering
Globavend Holdings Limited has recently announced the pricing of a registered direct offering amounting to approximately $1.4 million. This emerging e-commerce logistics provider is set to receive gross proceeds of $1.4 million from the public offering, with the funds being utilized for working capital and general corporate purposes. The offering includes 889,359 ordinary shares or pre-funded warrants to purchase ordinary shares, at an effective purchase price of $1.60 per ordinary share.
Univest Securities, LLC is serving as the sole placement agent for the offering, with the closing expected to take place on January 2, 2026. The Company is offering these securities in accordance with a registration statement on Form F-3, which has been previously filed and declared effective by the Securities and Exchange Commission (SEC). The purpose of this announcement is not to solicit offers but to provide information about the offering being made by the Company, which is subject to the respective laws and regulations governing such transactions.
Globavend Holdings Limited operates as an e-commerce logistics provider, specializing in end-to-end logistics solutions in Hong Kong, Australia, and New Zealand. It primarily caters to enterprise customers, particularly e-commerce merchants and operators of e-commerce platforms, facilitating business-to-consumer (B2C) transactions. The Company’s services range from pre-carriage parcel drop-off to final delivery, covering parcel consolidation, air-freight forwarding, customs clearance, and on-carriage parcel transportation.
This press release may contain forward-looking statements in compliance with the Private Securities Litigation Reform Act of 1995, reflecting the beliefs, assumptions, and current information available to the management of Globavend Holdings Limited. These statements discuss the completion and timing of the offering, the anticipated gross proceeds, and their intended uses. While the Company aims to make accurate predictions about its future results, there are inherent risks and uncertainties that could impact its actual performance.
In conclusion, Globavend Holdings Limited’s registered direct offering represents a significant financial milestone, providing the Company with the necessary capital to support its operations and future growth. As an emerging player in the e-commerce logistics sector, Globavend continues to expand its footprint in key markets, offering comprehensive end-to-end solutions to its enterprise customers. Investors and stakeholders will closely monitor the closing of the offering and how the Company strategically utilizes the proceeds to achieve its business objectives.