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Globavend signs standby equity purchase agreement for up to $20 million share sales
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Globavend signs standby equity purchase agreement for up to $20 million share sales
  • Globavend entered a standby equity purchase agreement with YA II PN to sell up to USD 20 million of ordinary shares over 36 months.
  • Pricing set at the company’s election: 93% of same-day VWAP or 96% of the lowest daily VWAP over three consecutive trading days.
  • Drawdowns capped at 100% of average Nasdaq trading volume over the prior five trading days; investor ownership capped at 4.99%.
  • Fees include a USD 35,000 structuring fee plus a USD 200,000 commitment fee due by Sept. 16, 2026 or shortly after resale registration effectiveness.
  • Sales can start only once a resale registration statement is effective; deal bars other “Variable Rate Transactions” while the facility remains in force.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Globavend Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-070087), on June 18, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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