November 10, 2023
Globavend Holdings Limited (NASDAQ: GVH, the “Company”), a holding company currently conducting operations primarily in Hong Kong through Globavend (HK) Limited, on November 10, 2023, announced the closing of its initial public offering (the “Offering”) of 1,500,000 ordinary shares of the Company, par value $0.001 per share, at a purchase price of $4 per ordinary share.
The Company received aggregate gross proceeds of approximately $6 million, before deducting underwriting discounts and other offering expenses.
R.F. Lafferty & Co. acted as the sole bookrunner for the Offering. Hunter Taubman Fischer & Li LLC (“HTFL”) acted as U.S. counsel to R.F. Lafferty & Co. HTFL is a boutique law firm specializing in securities transactions, corporate, commercial, and cross-border financing, immigration, and taxation. Our team of lawyers works together so our clients can benefit from astute business experience and sophisticated legal solutions.