Financing ·
On June 16, 2026, Globavend Holdings Limited entered into a Standby Equity Purchase Agreement (SEPA) with YA II PN…
GVHGlobavend Holdings Ltd
On June 16, 2026, Globavend Holdings Limited entered into a Standby Equity Purchase Agreement (SEPA) with YA II PN, Ltd. Under the agreement, the investor committed to purchase up to $20 million of the company's ordinary shares over 36 months. The purchase price will be either 93% of the daily volume-weighted average price (VWAP) or 96% of the lowest daily VWAP over three consecutive trading days. The company paid a $35,000 structuring fee and will pay a $200,000 commitment fee by September 16, 2026, or upon the effectiveness of a required registration statement. The investor's beneficial ownership is capped at 4.99% of outstanding shares. Globavend Holdings Limited operates in the e-commerce industry, providing cross-border retail solutions.