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Globavend Holdings Ltd. ( (GVH) ) has provided an update.
Globavend Holdings Limited has been granted an additional 180 days by Nasdaq, until August 11, 2025, to comply with the $1.00 minimum bid price requirement for continued listing. The company is actively monitoring its share price and considering a reverse stock split to meet the listing standards, although assurance of compliance cannot be guaranteed, which could impact its market presence.
More about Globavend Holdings Ltd.
Globavend Holdings Limited is an emerging e-commerce logistics provider that offers end-to-end logistics solutions in Hong Kong, Australia, and New Zealand. The company primarily serves enterprise customers, including e-commerce merchants and operators of e-commerce platforms, facilitating business-to-consumer (B2C) transactions. It provides integrated cross-border logistics services, including parcel drop-off, consolidation, air-freight forwarding, customs clearance, on-carriage transportation, and final delivery.
YTD Price Performance: 12.46%
Average Trading Volume: 98,957
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $11.18M
For an in-depth examination of GVH stock, go to TipRanks’ Stock Analysis page.