Globavend Holdings Prices $1.4M Registered Direct Offering

Globavend Holdings Limited ("Globavend" or the "Company") (NASDAQ: GVH), an emerging e-commerce logistics provider, announced the pricing of a public offering with gross proceeds to the Company of approximately $1.4 million, before deducting placement agent fees and other estimated expenses payable by the Company.

The offering is comprised of 889,359 of the Company's ordinary shares or pre-funded warrants to purchase ordinary shares. The effective purchase price per ordinary share is $1.60.

The Company intends to use the net proceeds from this offering for working capital and general corporate purposes. The offering is expected to close on January 2, 2026.