Perth, Australia, July 11, 2025 (GLOBE NEWSWIRE) -- Globavend Holdings Limited (Nasdaq: GVH) (“Globavend” or the “Company”), an emerging e-commerce logistics provider, is pleased to announce today that equity research firm Litchfield Hills Research LLC (“Litchfield Hills”) released its first analyst coverage report on Globavend with a "Buy" rating under its three-tiered (buy-hold-sell) rating system and a $0.40 price target. As of the end of its last trading day, July 10, 2025, Globavend’s shares closed at ...

WARREN, Mich., July 9, 2025 /PRNewswire/ -- Universal Logistics Holdings, Inc. (NASDAQ: ULH) announced today the planned release of second quarter 2025 financial results after the market closes on Thursday, July 24, 2025. The company's quarterly earnings conference call will be held Friday, July 25, 2025 at 10:00 a.m. Eastern Time.Quarterly Earnings Conference Call Dial-in Details:Time:  10:00 a.m. Eastern TimeDate:  Friday, July 25, 2025Call Toll Free:  (800) 836-8184International Dial-in:  +1 (646) 357-87 ...

Industry Overview - The Australian cosmetics and personal care market is estimated to be approximately $8.7 billion in 2024 and is projected to reach $14 billion by 2033, with a compound annual growth rate (CAGR) of 5.47% [3] - Online retail sales in Australia have significantly outpaced the broader market, with a 12% increase in 2024, and health and beauty products specifically rising by 13.4% [3] Company Partnership - Globavend Holdings Limited has formed a strategic partnership with Strawberry Cosmetics (Services) Limited to provide a wide range of premium beauty products to the Australian market [2][4] - This partnership aims to enhance access to high-quality beauty brands for Australian consumers while expanding Globavend's presence in the e-commerce logistics sector [4][5] Logistics and Services - Globavend will leverage its logistics infrastructure across Hong Kong, Australia, and New Zealand to streamline cross-border fulfillment for Strawberrynet, improving shipping times and customer experience [6] - The company will offer comprehensive logistics services, including secured airfreight capacity, returns management, live customer support, and end-to-end parcel tracking [6] Market Demand - The partnership is timely as the Australian beauty sector is experiencing increased demand for international brands, facilitating a seamless online shopping experience for consumers [8] - This collaboration positions Globavend as a leader in end-to-end logistics solutions, paving the way for further partnerships and market expansion [8]

Core Viewpoint - Globavend Holdings Limited is conducting a public offering to raise approximately $15 million to support its e-commerce logistics operations and future growth initiatives [1][4]. Group 1: Offering Details - The offering consists of 21,739,130 ordinary shares or pre-funded warrants, each sold with one Series A Warrant and one Series B Warrant [2]. - The purchase price for each ordinary share and accompanying warrants is set at $0.69, while the pre-funded warrants are priced slightly lower [3]. - The Series A Warrants have an initial exercise price of $0.69 and expire one year after their initial exercise date, while the Series B Warrants have an exercise price of $1.173 and also expire one year after their initial exercise date [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for capital expenditures, increasing operating capacity, working capital, general corporate purposes, purchasing warehouses, and potential mergers and acquisitions [4]. Group 3: 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 [6]. - The company serves enterprise customers, facilitating business-to-consumer (B2C) transactions and providing integrated cross-border logistics services [6].

TORONTO, June 24, 2025 (GLOBE NEWSWIRE) -- STORAGEVAULT CANADA INC. ("StorageVault") (SVI-TSX) is pleased to announce that, further to its April 23, 2025 news release, it has completed the acquisition of seven stores and one adjacent vacant parcel of land (collectively, the "Acquisitions") from six vendor groups (collectively, the "Vendors"), for an aggregate purchase price of $71.9 million. Six of the Acquisitions are arm's length and two, totaling $21.9 million, are related party acquisitions (the "Relate ...

TORONTO, June 17, 2025 (GLOBE NEWSWIRE) -- STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX announced today that a quarterly dividend of $0.002961 per common share (“Common Share”) ‎will be payable on ‎July 15, 2025 to shareholders of record on June 30, 2025, with an ex-dividend ‎date of June 30, 2025. This dividend has been designated as an “eligible dividend” for Canadian ‎income tax ‎purposes.‎ ‎ About StorageVault Canada Inc.As of March 31, 2025, StorageVault owned and operated 25 ...

This lunar exploration company (and its stock) has a bright future.Intuitive Machines (LUNR -2.85%), a producer of lunar landing and exploration vehicles, went public by merging with a special purpose acquisition company (SPAC) on Feb. 13, 2023. Its stock started trading at $10 per share and skyrocketed to a record high of $81.99 just nine days later.Yet that rally sputtered out as it struggled with delayed launches and steep losses. On Jan. 4, 2024, the stock closed at its all-time low of $2.04. At the tim ...

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]

TORONTO, May 22, 2025 (GLOBE NEWSWIRE) -- STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce the results of the annual general and special meeting of the shareholders of StorageVault held on May 21, 2025 (the “Meeting”). A total of 225 shareholders holding an aggregate of 289,507,285 common shares of the Corporation were represented at the Meeting in person or by proxy, representing approximately 79.3% of the total votes attached to all issued and outstanding common shares of the Cor ...

VC activity across the supply chain tech ecosystem Q1 2025 REPORT PREVIEW The full report is available through the PitchBook Platform. Contents | Supply chain tech landscape | 3 | | --- | --- | | Supply chain tech VC ecosystem market map | 4 | | VC activity | 5 | | Supply chain tech VC deal summary | 19 | EMERGING TECH RESEARCH Supply Chain Tech VC Trends Institutional Research Group Analysis Jonathan Geurkink Senior Research Analyst, Mobility Tech and Supply Chain Tech jonathan.geurkink@pitchbook.com Data ...