Core Viewpoint - Globavend Holdings Limited has announced a public offering expected to generate approximately $1.4 million in gross proceeds, aimed at enhancing its working capital and general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of 889,359 ordinary shares or pre-funded warrants, with an effective purchase price of $1.60 per share [2]. - The offering is anticipated to close on January 2, 2026, with Univest Securities, LLC serving as the sole placement agent [2]. Group 2: Company Overview - Globavend Holdings Limited is an emerging e-commerce logistics provider, offering end-to-end logistics solutions primarily in Hong Kong, Australia, and New Zealand [4]. - The company serves enterprise customers, including e-commerce merchants and platforms, facilitating business-to-consumer (B2C) transactions [4]. - Globavend provides integrated cross-border logistics services, including parcel drop-off, consolidation, air-freight forwarding, customs clearance, transportation, and final delivery [4].
Globavend Holdings Limited Announces Pricing of $1.4 Million Registered Direct Offering