[SCHEDULE 13G] Globavend Holdings Limited SEC Filing

Rhea-AI Filing Summary

Globavend Holdings Ltd's Schedule 13G reports that Ayrton Capital LLC, Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B, and Waqas Khatri each beneficially own 2,290,500 shares, representing 9.99% of the class. The disclosed position comprises 5,396 issued common shares plus 2,285,104 shares issuable upon exercise of warrants; the issuable shares are subject to a 9.99% beneficial ownership blocker. The filing states Ayrton Capital is the investment manager to the Fund and that Waqas Khatri is the Investment Manager's managing member, with sole voting and dispositive power over the reported shares. Percentages are calculated using a share base of 20,624,896 shares referenced in the filing materials.

Positive

• Material stake disclosed: Each reporting person beneficially owns 2,290,500 shares, representing 9.99% of the class.
• Clear breakdown of holdings: The filing specifies 5,396 issued common shares and 2,285,104 shares issuable on warrants, and includes a certification that holdings are in the ordinary course of business.

Negative

• Warrant concentration: The majority of the reported position (2,285,104 shares) is exercisable via warrants rather than currently outstanding stock.
• Ownership at the 9.99% blocker: Holdings sit at the reported 9.99% threshold, which limits disclosed additional accumulation under the stated terms and signals concentration risk.

Insights

Financial Analyst

TL;DR: A near-10% passive stake is disclosed, largely warrant-based, making it material to holders but not presented as a control change.

The Schedule 13G shows a material economic exposure of 2,290,500 shares (9.99%), of which the vast majority (2,285,104) are issuable upon exercise of warrants. The reporting persons explicitly state the securities were acquired and are held in the ordinary course and not to change or influence control, which frames this as a passive stake. Because the position sits at the 9.99% blocker, it is economically significant yet constrained from further automatic accumulation under the reported terms.

Corporate Governance Expert

TL;DR: Single-individual involvement across the manager and fund is notable for governance transparency and potential concentration of influence.

The disclosure identifies Waqas Khatri as both the managing member of the investment manager and as a reporting person with sole voting and dispositive power over 2,290,500 shares. The filing clearly links the Fund, the Investment Manager and an individual decision-maker, which is important for assessing who exercises voting authority. The presence of a 9.99% beneficial ownership blocker and the certification of ordinary-course holdings provide additional governance context for investors assessing potential influence on the issuer.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Ordinary Shares, par value $0.001 per share

(Name of Issuer)

Globavend Holdings Ltd

(Title of Class of Securities)

428050108

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 428050108

1

Names of Reporting Persons

Ayrton Capital LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,290,500.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,290,500.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,290,500.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.0 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. 428050108

1

Names of Reporting Persons

Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,290,500.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,290,500.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,290,500.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.0 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

CUSIP No. 428050108

1

Names of Reporting Persons

Waqas Khatri

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,290,500.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,290,500.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,290,500.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.0 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Ordinary Shares, par value $0.001 per share
(b)	Address of issuer's principal executive offices: Office 1401, Level 14, 197 St Georges Tce, Perth, AUSTRALIA, 6000.
Item 2.
(a)	Name of person filing: (i) Ayrton Capital LLC; (ii) Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B; and (iii) Waqas Khatri
(b)	Address or principal business office or, if none, residence: (i) Ayrton Capital LLC, 55 Post Rd West, 2nd Floor Westport, CT 06880; (ii) Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B, Suite #7 Grand Pavilion Commercial Centre, 802 West Bay Road, Grand Cayman, P.O. Box 10250, Cayman Islands; and (iii) Waqas Khatri 55 Post Rd West, 2nd Floor Westport, CT 06880
(c)	Citizenship: (i) Ayrton Capital LLC: United States; (ii) Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B: Cayman Islands; and (iii) Waqas Khatri: United States
(d)	Title of class of securities: Globavend Holdings Ltd
(e)	CUSIP No.: 428050108
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Ayrton Capital LLC: 2,290,500; (ii) Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B: 2,290,500; and (iii) Waqas Khatri: 2,290,500. Represents (i) 5,396 shares of Common Stock held by the Reporting Persons; and (ii) 2,285,104 shares of Common Stock issuable on the exercise of certain warrants (the "Warrants") held by the Reporting Persons. The issuable shares of Common Stock related to the exercise of the Warrants are subject to a 9.99% beneficial ownership blocker. The shares reported herein represent Common Stock of Globavend Holdings Ltd (the "Issuer") held by Alto Opportunity Master Fund, SPC- Segregated Master Portfolio B, a Cayman Islands exempted company (the "Fund"). The Fund is a private investment vehicle for which Ayrton Capital LLC, a Delaware limited liability company (the "Investment Manager"), serves as the investment manager. Waqas Khatri serves as the managing member of the Investment Manager (all of the foregoing, collectively, the "Reporting Persons").
(b)	Percent of class: The percentages below are based on (i) 20,624,896 shares comprised of 14,978,899 shares outstanding as of June 25, 2025 as included in Form 424B4 filed on June 27, 2025 plus 5,645,997 shares sold in the offering on June 26, 2025 and included in the Issuer's Prospectus and a Form 6-K filed with the Securities and Exchange Commission on July 1, 2025 and (ii) 2,285,104 shares of Common Stock issuable on the exercise of the Warrants held by the Reporting Persons. For the sake of clarity, the holdings of the Reporting Persons reported herein are as of June 30, 2025. (i) Ayrton Capital LLC: 9.99%; (ii) Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B: 9.99%; and (iii) Waqas Khatri: 9.99%.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: (i) Ayrton Capital LLC: 2,290,500; (ii) Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B: 2,290,500; and (iii) Waqas Khatri: 2,290,500
	(ii) Shared power to vote or to direct the vote: (i) Ayrton Capital LLC: 0; (ii) Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B: 0; and (iii) Waqas Khatri: 0
	(iii) Sole power to dispose or to direct the disposition of: (i) Ayrton Capital LLC: 2,290,500; Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B: 2,290,500; Waqas Khatri: 2,290,500
	(iv) Shared power to dispose or to direct the disposition of: (i) Ayrton Capital LLC: 0; (ii) Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B: 0; (iii) Waqas Khatri: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Ayrton Capital LLC

Signature:	/s/ Waqas Khatri
Name/Title:	Waqas Khatri / Managing Member
Date:	08/13/2025

Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B

Signature:	/s/ Waqas Khatri
Name/Title:	Waqas Khatri / Director
Date:	08/13/2025

Waqas Khatri

Signature:	/s/ Waqas Khatri
Name/Title:	Waqas Khatri
Date:	08/13/2025

FAQ

How many GVH shares does Ayrton Capital LLC beneficially own?

Ayrton Capital LLC beneficially owns 2,290,500 shares of Globavend (GVH), representing 9.99% of the class.

What is the composition of the 2,290,500 shares reported for GVH?

The holdings comprise 5,396 issued common shares and 2,285,104 shares issuable upon exercise of warrants held by the reporting persons.

How were the percentage calculations for GVH determined?

Percentages are based on a share base of 20,624,896 shares (noted in the filing as 14,978,899 outstanding plus 5,645,997 sold in the offering) together with the 2,285,104 warrant-issuable shares held by the reporting persons.

Do the reporting persons have voting and dispositive power over the reported GVH shares?

Yes. The filing states the reporting persons have sole voting power and sole dispositive power over the 2,290,500 shares; shared powers are reported as zero.

Did the reporting persons state an intent to influence control of the issuer (GVH)?

They certified that the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control of the issuer.