Globavend Holdings Limited announced that all outstanding Series B Warrants, which included a 'zero price exercise' option, have been fully exercised.
These warrants were issued in connection with the company's public offering that closed on June 27, 2025, as part of a securities purchase agreement with certain investors.
Frank Yau, Globavend’s CEO, stated that the exercise of these warrants strengthens the company's balance sheet, simplifies its capital structure, improves trading liquidity, and enhances its public float.
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