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Warrant expiry leaves Globavend (NASDAQ: GVH) focused on AI growth

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Form Type
6-K

Rhea-AI Filing Summary

Globavend Holdings Limited reports that all of its outstanding Series A Warrants have expired in accordance with their terms, and earlier all Series B Warrants were exercised. As a result, the company now has no warrants outstanding, removing a legacy source of potential future shareholder dilution and simplifying its capital structure.

Management links this cleaner equity structure to a focus on disciplined capital management and long-term shareholder value. Globavend is building an AI-powered digital entertainment business, including its Imaginary AI production platform and Loomi short-drama app, while continuing to expand its established cross-border e-commerce logistics operations across Hong Kong, Australia, New Zealand and mainland China.

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Insights

Globavend removes warrant overhang while pushing AI and logistics strategy.

Globavend now has no warrants outstanding after all Series A Warrants expired and earlier Series B Warrants were exercised. This removes a class of derivative securities that could have led to future share issuance and dilution, leaving common equity as the primary instrument.

The company positions this as part of “disciplined capital management” while it executes a dual strategy: an AI-powered digital entertainment business built around its Imaginary production platform and Loomi micro-drama app, and a cross-border e-commerce logistics operation that remains its revenue backbone. The filing highlights commercial launches of AI-produced content as evidence of progress.

The practical impact depends on the prior size of the warrant pool versus total equity, which is not detailed here. Subsequent filings with full financials and share counts will provide clearer context on how this cleaner structure interacts with growth investments in AI and logistics.

Units in June 2025 offering 108,696 units Best efforts public offering closed on June 27, 2025
Series A Warrants expiry date June 30, 2026 All Series A Warrants expired unexercised on this date
Outstanding warrants after expiry 0 warrants As of July 6, 2026 press release date
best efforts public offering financial
"closed a best efforts public offering comprised of 108,696 ordinary units"
A best efforts public offering is a way a company sells new shares or bonds where the broker or bank agrees to try to sell as many securities as possible but does not promise to buy any unsold portion. Think of it like a salesperson taking items on consignment: they will work to sell them, but the seller bears the risk if some remain unsold. For investors, this matters because it can signal weaker demand and greater uncertainty about how many securities will actually be placed and how the price may move.
pre-funded warrant financial
"each consisting of one ordinary share ... or pre-funded warrant in lieu thereof"
A pre-funded warrant is a financial instrument that gives the holder the right to buy shares of a company's stock at a set price, with most of the purchase cost already paid upfront. It functions like a nearly fully paid option, allowing investors to secure shares quickly while minimizing the amount of additional money they need to invest later. This helps investors gain ownership rights efficiently, often used to avoid certain regulatory restrictions or to prepare for future stock purchases.
Series A Warrants financial
"all of its outstanding Series A Warrants have expired in accordance with their terms"
Series A warrants are financial tools that give the holder the right to buy shares of a company at a specific price within a certain period. They are often issued alongside investments to provide additional potential profit if the company's value increases. For investors, they can offer a chance to benefit from future growth without committing immediate capital to buying shares.
Series B Warrants financial
"the Company announced the exercise of all outstanding Series B Warrants"
Series B warrants are contracts issued alongside a company's Series B financing that give the holder the right to buy a set number of shares at a fixed price within a specified time. For investors, they matter because they can provide leveraged upside if the company grows, or they can dilute existing shareholders when exercised—like a coupon promising a future share at a known price that can add value or change ownership stakes.
forward-looking statements regulatory
"This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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FAQ

What capital structure change did Globavend (GVH) announce in this 6-K?

Globavend announced that all outstanding Series A Warrants have expired and earlier all Series B Warrants were exercised. As of the release date, the company has no warrants outstanding, simplifying its capital structure and removing a legacy source of potential future shareholder dilution.

Why does Globavend (GVH) say the warrant expiration matters for shareholders?

The company states that removing the Series A Warrants eliminates a legacy source of potential future dilution and simplifies its capital structure. Management believes this enhances transparency for investors and supports its commitment to disciplined capital management and long-term shareholder value creation.

How does this filing describe Globavend’s AI growth strategy?

Globavend is building an AI-powered digital entertainment business using its Imaginary AI cinematic production platform and Loomi: Short Drama streaming app. It highlights the commercial launch of Imaginary and its first fully AI-produced micro-drama as milestones in developing scalable AI-driven content solutions.

What are Globavend’s main business segments mentioned in the filing?

The filing describes two core segments: cross-border e-commerce logistics and AI-powered digital entertainment. Logistics across Hong Kong, Australia, New Zealand and mainland China remain the backbone of its revenue, while AI entertainment is positioned as a growth platform using proprietary production and distribution technologies.

How were Globavend’s Series A and Series B Warrants originally issued?

The Series A and Series B Warrants were issued as part of a best efforts public offering completed in June 2025, which included 108,696 ordinary and pre-funded units. Each unit contained an ordinary share or pre-funded warrant, one Series A Warrant and one Series B Warrant to purchase ordinary shares.

Does Globavend (GVH) still have any derivative securities outstanding after this event?

According to the filing and accompanying press release, Globavend has no warrants outstanding as of the date of the release. The exercise of all Series B Warrants and the expiration of all Series A Warrants together remove these warrant-based derivative securities from the company’s capital structure.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16

OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2026

 

Commission File Number 001-41831

 

Globavend Holdings Limited

(Registrant’s Name)

 

Office 1401, Level 14, 197 St Georges Tce,

Perth, WA 6000,

Australia

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒      Form 40-F ☐

 

 

 

 

 

 

On June 27, 2025, Globavend Holdings Limited, a Cayman Islands exempted company (the “Company”) closed a best efforts public offering comprised of 108,696 ordinary units and pre-funded units (after giving effect to the reverse stock split in July 2025), each consisting of one ordinary share of the Company, par value $0.001 per share (the “Ordinary Shares”) or pre-funded warrant in lieu thereof, one series A warrant to purchase one Ordinary Share (each a “Series A Warrant”) and one series B warrant initially to purchase one Ordinary Share (each, a “Series B Warrant”). On July 24, 2025, the Company announced the exercise of all outstanding Series B Warrants.

 

All Series A Warrants expired on June 30, 2026 without being exercised. As of the date of this Report, the Company has no warrants issued and outstanding. Further information is included in the press release attached as Exhibit 99.1 hereto, which is incorporated by reference herein.

 

1

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release, dated as of July 6, 2026.

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  GLOBAVEND HOLDINGS LIMITED
     
  By: /s/ Kai Man Fung
  Name: Kai Man Fung
  Title: Chairman of the Board

 

Date: July 6, 2026

 

3

 

Exhibit 99.1

 

Globavend Simplifies Capital Structure as Final Outstanding Warrants Expire and AI Growth Strategy Accelerates

 

PERTH, Australia, July 6, 2026 (GLOBE NEWSWIRE) -- Globavend Holdings Limited (NASDAQ: GVH) (“Globavend” or the “Company”), an emerging e-commerce logistics provider and AI-powered digital entertainment company, today announced that all of its outstanding Series A Warrants have expired in accordance with their terms, further simplifying the Company’s capital structure.

 

The Series A Warrants were issued in connection with the Company’s public offering conducted in June 2025. The expiration of the Series A Warrants removes these legacy derivative securities from the Company’s capital structure and eliminates a legacy source of potential future shareholder dilution. Globavend believes the simplified capital structure enhances transparency for investors while reinforcing the Company’s commitment to disciplined capital management and long-term shareholder value creation. As of the date of this release, the Company has no outstanding warrants, further simplifying its capital structure and eliminating future warrant-related dilution.

 

The expiration of the Series A Warrants represents another milestone in the Company’s ongoing commitment to disciplined capital management and long-term value creation.

 

“Our priority remains disciplined execution, innovation and long-term shareholder value creation,” said Kai Man Fung, Chairman of Globavend. “The expiration of the Series A Warrants further simplifies our capital structure and removes a legacy source of potential dilution, allowing investors to focus on the execution of our strategy and the long-term growth opportunities across both of our business segments. We are building an AI-powered digital entertainment business while continuing to strengthen our established logistics business, which remains the foundation of our operations and revenue base. We believe this balanced strategy positions Globavend to pursue sustainable long-term growth while creating lasting value for our shareholders.”

 

Globavend continues to execute its strategy of building an AI-powered digital entertainment business while leveraging the strength of its established cross-border e-commerce logistics operations, which remain the backbone of the Company’s revenue base. Management believes this dual-business model provides a strong operating foundation while positioning the Company to capitalize on emerging opportunities in artificial intelligence and digital content.

 

The Company continues to execute its AI growth strategy through the commercial launch of its proprietary Imaginary AI-powered production platform and the release of its first fully AI-produced original micro-drama. These milestones demonstrate the commercial application of the Company’s proprietary AI technologies and represent important steps in the execution of Globavend’s strategy to develop scalable AI-driven digital entertainment solutions for global markets. At the same time, Globavend continues to expand and enhance its cross-border e-commerce logistics business, creating a diversified platform for long-term growth.

 

Globavend believes that a simplified capital structure, combined with continued execution across its AI-powered digital entertainment and cross-border logistics businesses, positions the Company to pursue sustainable long-term growth and enhance shareholder value.

 

 

 

 

About Globavend Holdings Limited

 

Globavend Holdings Limited (NASDAQ: GVH) is an emerging e-commerce logistics provider and AI-powered digital entertainment company. As a logistics provider, the Company offers integrated cross-border logistics solutions across Hong Kong, Australia, New Zealand and mainland China. As a digital entertainment company, the Company develops generative AI-assisted cinematic production workflows, multimodal content generation capabilities and multilingual digital entertainment distribution solutions through its proprietary AI technologies. It operates Loomi: Short Drama, a mobile streaming platform offering professionally produced multilingual micro dramas, and Imaginary, its proprietary AI-powered cinematic production platform, providing end-to-end AI-assisted content creation capabilities. By combining AI-powered production technologies with proprietary distribution capabilities, Globavend is building an integrated digital entertainment ecosystem while continuing to expand its established cross-border logistics business.

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the Company’s business strategy, AI-powered entertainment initiatives, commercialization plans, growth opportunities, strategic partnerships, operational execution, shareholder value, future financial performance and market opportunities. These statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Such risks and uncertainties include, among others, the Company’s ability to successfully execute its strategic initiatives, commercialize its AI technologies, develop and distribute digital entertainment content, compete effectively, satisfy applicable regulatory requirements and the risks described in the Company’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements except as required by applicable law.

 

For investor and media inquiries, please contact:

 

Globavend Holdings Limited

 

Kenny K. M. Fung, Chairman

kennyfung@risemindtech.com

888.201.1623

https://globavend.com/

 

 

 

Filing Exhibits & Attachments

1 document