Core Points - Globavend Holdings Limited has regained compliance with Nasdaq's minimum bid price requirement after maintaining a closing bid price of at least $1.00 per share for 10 consecutive business days [1][2] - The listing matter has been closed, and the company's ordinary shares continue to trade on Nasdaq under the symbol "GVH" [2] Company Overview - Globavend Holdings Limited is an emerging e-commerce logistics provider offering end-to-end logistics solutions in Hong Kong, Australia, and New Zealand [3] - The company primarily serves enterprise customers, including e-commerce merchants and operators of e-commerce platforms, facilitating business-to-consumer (B2C) transactions [3] - Globavend provides integrated cross-border logistics services, including pre-carriage parcel drop-off, parcel consolidation, air-freight forwarding, customs clearance, on-carriage parcel transportation, and final delivery [3]
Globavend Regains Compliance with Nasdaq Minimum Bid Price Deficiency