{"id":2418386,"date":"2026-05-15T17:13:18","date_gmt":"2026-05-15T17:13:18","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2418386"},"modified":"2026-05-15T17:13:18","modified_gmt":"2026-05-15T17:13:18","slug":"globavend-to-buy-70-of-loomi-entertainment-gvh-sec-filing","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/globavend-to-buy-70-of-loomi-entertainment-gvh-sec-filing\/","title":{"rendered":"Globavend to buy 70% of Loomi Entertainment | GVH SEC Filing"},"content":{"rendered":"<p><\/p>\n<div>\n<p><!-- Field: Rule-Page --><!-- Field: \/Rule-Page --><\/p>\n<p style=\"text-align: center; margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\"><b>UNITED STATES<\/b><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\"><b>SECURITIES AND EXCHANGE COMMISSION<\/b><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\"><b>Washington, D.C. 20549<\/b><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\"><b>FORM 6-K<\/b><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\"><b>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO<br \/>\nRULE 13a-16<\/b><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\"><b>OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT<br \/>\nOF 1934 <\/b><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">For the month of May 2026<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">Commission File Number 001-41831<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\"><b>Globavend Holdings Limited<\/b><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">(Registrant\u2019s Name)<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\"><b>Office 1401, Level 14, 197 St Georges Tce,<\/b><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\"><b>Perth, WA 6000,<\/b><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\"><b>Australia<\/b><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">(Address of principal executive office)<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Indicate by check mark whether the registrant files or will file annual<br \/>\nreports under cover of Form 20-F or Form 40-F.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">Form 20-F \u2612\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nForm 40-F \u2610<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">\u00a0<\/p>\n<p><!-- Field: Rule-Page --><!-- Field: \/Rule-Page --><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">\u00a0<\/p>\n<p><!-- Field: Page; Sequence: 1 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">On May 15, 2026, Globavend<br \/>\nHoldings Limited, a Cayman Islands exempted company (the \u201c<b>Company<\/b>\u201d) announced that Risemind Holdings (Cayman) Limited<br \/>\n(\u201c<b>Risemind<\/b>\u201d), a wholly-owned subsidiary of the Company entered into a definitive share purchase agreement (the \u201c<b>Purchase<br \/>\nAgreement<\/b>\u201d) with Zenith Green Limited (\u201c<b>Zenith Green<\/b>\u201d), the current shareholder of Loomi Entertainment Group<br \/>\nLimited (\u201c<b>Loomi Entertainment<\/b>\u201d, together with its subsidiaries, \u201c<b>Loomi Group<\/b>\u201d), a business company<br \/>\nincorporated in the British Virgin Islands, to acquire 70% of the equity interests of Loomi Entertainment at the nominal consideration<br \/>\nof US$70\u00a0\u00a0, payable in cash upon closing (the \u201c<b>Transaction<\/b>\u201d). The Transaction is expected to close on or<br \/>\nbefore May 22, 2026.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">Loomi Group is a digital entertainment<br \/>\ncompany engaging in the production and distribution of digital entertainment solutions operating through its subsidiaries in Malaysia,<br \/>\nSingapore and Hong Kong. It provides entertainment video services to audiences in southeast Asia through its own mobile application <i>\u201cLoomi:<br \/>\nShort Drama\u201d<\/i>, which is a comprehensive and diversified content library offering professionally produced multilingual micro dramas,<br \/>\nincluding Korean, Mandarin and English.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">Loomi Group integrates artificial<br \/>\nintelligence (AI) throughout its business. It has developed a proprietary AI-powered development platform \u201c<i>Imaginary<\/i>\u201d<br \/>\noffering end-to-end AI-powered cinematic production for defined deliverables designed to support creation by professional producers and<br \/>\ncontent creators. Users can enjoy a hassle-free experience in generating character designs, storyboards, cinematic sequences, motion sequences<br \/>\nthrough <i>\u201cImaginary\u201d <\/i>using prompts and parameters defined by the users and ultimately produce micro dramas and animations<br \/>\nin an efficient and professional manner.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">Immediately prior to the closing<br \/>\nof the Transaction, Loomi Group was owned as to 70% by Tsz Ngo Yu, the Company\u2019s chief financial officer and director, through Zenith<br \/>\nGreen, a company wholly-owned by him, and by Fuk Yan Tse, the chief executive officer of Loomi Group, as to 30%. Upon closing of the Transaction,<br \/>\nLoomi Entertainment became a non-wholly-owned subsidiary and the financial results, assets and liabilities of Loomi Group, which include<br \/>\nan existing interest-free shareholders loan of approximately US$550,000 due and owing to Zenith Green, would be consolidated into the<br \/>\nconsolidated financial statements of the Company.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">\u00a0\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">The Purchase Agreement contains customary representations and warranties,<br \/>\nagreements and obligations and conditions to closing customary for transactions of this nature. A copy of the Purchase Agreement is attached<br \/>\nto this Report as exhibit 10.1, and is incorporated by reference.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">This Report is incorporated<br \/>\nby reference into the registration statement on <span class=\"filing-link\">Form<br \/>\nF-3<\/span> (File No. 333-290675) of the Company, filed with the Securities and Exchange Commission, to be a part thereof from the date on<br \/>\nwhich this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">The Company issued a press release with respect to the foregoing, a copy of which is attached to this Report as Exhibit 99.1 and incorporated<br \/>\nherein by reference.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\"><b>Cautionary Note Regarding Forward-Looking Statements<\/b><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">This communication contains<br \/>\nforward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities<br \/>\nExchange Act of 1934, as amended. Any statements contained in this communication that are not statements of historical fact, including<br \/>\nthose related to the Transaction and the business of Loomi Entertainment, may be deemed forward-looking statements. Words such as \u201ccontinue,\u201d<br \/>\n\u201cwill,\u201d \u201cmay,\u201d \u201ccould,\u201d \u201cshould,\u201d \u201cexpect,\u201d \u201cexpected,\u201d \u201cplans,\u201d<br \/>\n\u201cintend,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cpredict,\u201d \u201cpotential,\u201d<br \/>\nand similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks<br \/>\nand uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements,<br \/>\nmany of which are generally outside the control of the Company and are difficult to predict. Examples of such risks and uncertainties<br \/>\ninclude, but are not limited to, the Company\u2019s ability to successfully consummate the acquisition of Loomi Entertainment pursuant<br \/>\nto the Purchase agreement and, if consummated, to successfully manage and integrate Loomi Group and realize the anticipate benefits therefrom<br \/>\nrisks regard. Additional examples of such risks and uncertainties include, but are not limited to (i) the Company\u2019s ability to successfully<br \/>\nmanage and integrate any joint ventures, acquisitions of businesses, solutions or technologies; (ii) unanticipated operating costs, transaction<br \/>\ncosts and actual or contingent liabilities; (iii) the ability to attract and retain qualified employees and key personnel; (iv) adverse<br \/>\neffects of increased competition on the Company\u2019s current and future businesses; (v) the risk that changes in consumer behavior<br \/>\ncould adversely affect the Company\u2019s business; (vi) the Company\u2019s ability to protect its intellectual property; (vii); and<br \/>\n(vii) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially<br \/>\nfrom those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 20-F and current<br \/>\nreports on Form 6-K filed by the Company with the Securities and Exchange Commission. The Company anticipates that subsequent events and<br \/>\ndevelopments may cause its plans, intentions and expectations to change. The Company assumes no obligation, and it specifically disclaims<br \/>\nany intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise,<br \/>\nexcept as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon<br \/>\nas representing the Company\u2019s plans and expectations as of any subsequent date.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">\u00a0<\/p>\n<p><!-- Field: Page; Sequence: 2; Options: NewSection; Value: 1 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\"><b><u>EXHIBIT INDEX<\/u><\/b><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<table cellspacing=\"0\" cellpadding=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse\">\n<tr style=\"vertical-align: bottom\">\n<td style=\"width: 9%; border-bottom: black 1.5pt solid\"><span><b>Exhibit No.<\/b><\/span><\/td>\n<td style=\"width: 1%\">\u00a0<\/td>\n<td style=\"width: 90%; border-bottom: black 1.5pt solid; text-align: center\"><span><b>Description<\/b><\/span><\/td>\n<\/tr>\n<tr style=\"vertical-align: top\">\n<td><span>10.1<\/span><\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: justify\"><span class=\"filing-link\"><span>Purchase Agreement, dated as of May 15, 2026, by and between Zenith Green Limited and Risemind Holdings (Cayman) Limited<\/span><\/span><\/td>\n<\/tr>\n<tr style=\"vertical-align: top\">\n<td><span>99.1<\/span><\/td>\n<td>\u00a0<\/td>\n<td style=\"text-align: justify\"><span class=\"filing-link\"><span>Press Release, dated as of May 15, 2026<\/span><\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p><!-- Field: Page; Sequence: 3; Value: 1 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\"><b><u>SIGNATURES<\/u><\/b><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">Pursuant to the requirements of the Securities<br \/>\nExchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">\u00a0<\/p>\n<table cellspacing=\"0\" cellpadding=\"0\" style=\"font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse\">\n<tr style=\"vertical-align: top\">\n<td>\u00a0<\/td>\n<td colspan=\"2\"><span><b>GLOBAVEND HOLDINGS LIMITED<\/b><\/span><\/td>\n<\/tr>\n<tr style=\"vertical-align: top\">\n<td style=\"width: 60%\">\u00a0<\/td>\n<td style=\"width: 5%\">\u00a0<\/td>\n<td style=\"width: 35%\">\u00a0<\/td>\n<\/tr>\n<tr style=\"vertical-align: top\">\n<td>\u00a0<\/td>\n<td><span>By:<\/span><\/td>\n<td style=\"border-bottom: black 1.5pt solid\"><span><i>\/s\/ Kai Man Fung<\/i><\/span><\/td>\n<\/tr>\n<tr style=\"vertical-align: top\">\n<td>\u00a0<\/td>\n<td><span>Name:\u00a0<\/span><\/td>\n<td><span>Kai Man Fung<\/span><\/td>\n<\/tr>\n<tr style=\"vertical-align: top\">\n<td>\u00a0<\/td>\n<td><span>Title:<\/span><\/td>\n<td><span>Chairman of the Board <\/span><\/td>\n<\/tr>\n<\/table>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">Date: May 15, 2026<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center\">\u00a0<\/p>\n<p style=\"text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt\">3<\/p>\n<p><!-- Field: Rule-Page --><!-- Field: \/Rule-Page --><\/p>\n<p><!-- BEGIN EXHIBIT: EX-99.1 --><\/p>\n<div class=\"sec-exhibit\" data-exhibit-type=\"EX-99.1\" data-exhibit-desc=\"PRESS RELEASE, DATED AS OF MAY 15, 2026\">\n<p style=\"font: 10pt Times New Roman, Times, Serif; text-align: right; margin: 0pt 0\"><b>Exhibit 99.1<\/b><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt\"><b>Globavend Expands into Digital Entertainment Through Proposed Acquisition<br \/>\nof Loomi Entertainment<\/b><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\"><b>\u00a0<\/b><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt\"><i>Proposed Transaction Positions Globavend to Enter the Fast-Growing<br \/>\nAI-Enabled Short-Form Digital Entertainment Market<\/i><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt\"><i>\u00a0<\/i><\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">PERTH, AUSTRALIA, May 15, 2026 &#8212; (GLOBE NEWSWIRE) &#8212; via IBN &#8212; Globavend<br \/>\nHoldings Limited (NASDAQ: GVH) (\u201cGlobavend\u201d or the \u201cCompany\u201d), an emerging e-commerce logistics provider,<br \/>\ntoday announced that it has entered into a definitive agreement with Zenith Green Limited (the \u201cVendor\u201d) to acquire 70% of<br \/>\nthe equity interests in <span>Loomi Entertainment Group Limited (\u201cLoomi Entertainment\u201d, together<br \/>\nwith its subsidiaries, \u201cLoomi Group\u201d), a digital entertainment company engaging<\/span> in the production and distribution<br \/>\nof digital entertainment solutions for the nominal consideration of $70. Subject to customary closing conditions, the transaction is expected<br \/>\nto close on or before May 22, 2026.<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The acquisition will mark the expansion of Globavend into the digital<br \/>\nentertainment industry, a strategic evolution aimed at diversifying the Company\u2019s income stream in addition to its established logistics<br \/>\nbusiness.<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Loomi Group provides entertainment video services to audiences in Southeast<br \/>\nAsia through its own mobile application <i>\u201cLoomi: Short Drama\u201d<\/i>, which is a comprehensive and diversified content library<br \/>\noffering professionally produced multilingual micro dramas, including Korean, Mandarin and English. It operates through its subsidiaries<br \/>\nin Malaysia, Singapore and Hong Kong.<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Loomi Group integrates artificial intelligence (AI) throughout its<br \/>\nbusiness. It has developed a proprietary AI-powered development platform \u201c<i>Imaginary<\/i>\u201d offering end-to-end AI-powered<br \/>\ncinematic production for defined deliverables designed to support creation by professional producers and content creators. Users can enjoy<br \/>\na hassle-free experience in generating character designs, storyboards, cinematic sequences, motion sequences through <i>\u201cImaginary\u201d<br \/>\n<\/i>using prompts and parameters defined by the users and ultimately produce micro dramas and animations in an efficient and professional<br \/>\nmanner.<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u201cWe are excited to announce the proposed acquisition of Loomi<br \/>\nEntertainment Group Limited, which will represent a major strategic milestone in Globavend\u2019s evolution into the digital entertainment<br \/>\nindustry,\u201d said Kai Man Fung, Chairman of Globavend. \u201cWe believe the global entertainment landscape is entering a new era<br \/>\ndriven by mobile-first consumption, artificial intelligence, and short-form storytelling. In particular, micro dramas have rapidly emerged<br \/>\nas one of the fastest-growing segments within the digital media industry, attracting substantial user engagement and monetization opportunities<br \/>\nglobally.\u201d<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Fung continued: \u201cThrough the acquisition of Loomi, we intend<br \/>\nto position Globavend at the forefront of this transformational trend by leveraging innovative content production capabilities, AI-assisted<br \/>\ncreative workflows, and next-generation digital distribution strategies. We believe Loomi\u2019s creative expertise and market vision<br \/>\nwill complement our long-term strategy of expanding into high-growth technology and entertainment sectors.\u201d<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u201cLooking ahead, the Company intends to actively explore opportunities<br \/>\nin AI-powered content creation, vertical short dramas, creator economy platforms, and digital entertainment commercialization initiatives<br \/>\nas we work to build a diversified and future-oriented business platform for our shareholders.\u201d Fung concluded.<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The Vendor is an entity wholly-owned by Tsz Ngo Yu, a director and<br \/>\nchief financial officer of the Company. Upon closing of the transaction, Loomi Entertainment will become a non-wholly-owned subsidiary<br \/>\nof the Company and the financial results, assets and liabilities of Loomi Group, which include an existing interest-free shareholder loan<br \/>\nof approximately US$550,000 due and owing to the Vendor, will be consolidated into the Company\u2019s consolidated financial statements.<br \/>\nAdditional information regarding the transaction will be set forth in a Current Report on Form 6-K to be filed by the Company with the<br \/>\nU.S. Securities and Exchange Commission (SEC).<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Integration planning is currently underway, and the Company intends<br \/>\nto provide further updates following the closing of the transaction.<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p><!-- Field: Page; Sequence: 1 --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">\u00a0<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\"><b>About Globavend Holdings Limited<\/b><\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Globavend Holdings Limited, an emerging e-commerce logistics provider,<br \/>\noffers end-to-end logistics solutions in Hong Kong, Australia, and New Zealand. The Company primarily serves enterprise customers, including<br \/>\ne-commerce merchants and operators of e-commerce platforms, facilitating business-to-consumer (B2C) transactions. As an e-commerce logistics<br \/>\nprovider, Globavend delivers integrated cross-border logistics services from Hong Kong to Australia and New Zealand. It provides customers<br \/>\nwith a comprehensive solution, encompassing pre-carriage parcel drop-off, parcel consolidation, air-freight forwarding, customs clearance,<br \/>\non-carriage parcel transportation, and final delivery.<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\"><b>Forward-Looking Statements<\/b><\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">This press release may contain \u201cforward-looking\u201d statements<br \/>\nwithin the meaning of the Private Securities Litigation Reform Act of 1995 that are based on the beliefs and assumptions and on information<br \/>\ncurrently available to management of the Company. All statements other than statements of historical fact contained in this press release<br \/>\nare forward-looking statements, including statements regarding the Loomi Group acquisition and the Company\u2019s strategic direction<br \/>\nand transformational initiatives. In some cases, you can identify forward-looking statements by terminology such as \u201cmay,\u201d<br \/>\n\u201cwill,\u201d \u201cshould,\u201d \u201cexpects,\u201d \u201cplans,\u201d \u201canticipates,\u201d \u201cbelieves,\u201d<br \/>\n\u201cestimates,\u201d \u201cpredicts,\u201d \u201cpotential\u201d or \u201ccontinue\u201d or the negative of these terms or other<br \/>\ncomparable terminology. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the<br \/>\nCompany\u2019s actual results, performance or achievements to be materially different from any future results, performance or achievements<br \/>\nexpressed or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to, the Company\u2019s<br \/>\nability to successfully consummate the acquisition of the Loomi Group and realize the anticipated benefits therefrom, risks associated<br \/>\nwith pursuing M&amp;A initiatives and expansion into new lines of business, risks regarding the ability to attract and retain qualified<br \/>\nemployees and key personnel, competition risks, risks regarding changes in consumer behavior, risks regarding intellectual property and<br \/>\nthe protection thereof, the risks and uncertainties related to global economic or market conditions, changes in our operating plans or<br \/>\nfunding requirements, and the other risks and uncertainties set forth in the \u201cRisk Factors\u201d section of the Company\u2019s<br \/>\nAnnual Report on Form 20-F for the year ended September 30, 2025, and subsequent reports that the Company files with the SEC. Forward-looking<br \/>\nstatements represent the Company\u2019s beliefs and assumptions only as of the date of this press release. Although the Company believes<br \/>\nthat the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity,<br \/>\nperformance or achievements. Except as required by law, the Company assumes no obligation to publicly update any forward-looking statements<br \/>\nfor any reason after the date of this press release to conform any of the forward-looking statements to actual results or to changes in<br \/>\nits expectations.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\"><b>\u00a0<\/b><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\"><b>For investor and media inquiries, please contact:<\/b><br \/><b>Globavend Holdings Limited<\/b><br \/>Kai Man Fung, Chairman<br \/>kennyfung@risemindtech.com<br \/>888.201.1623<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">https:\/\/globavend.com\/<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p><!-- Field: Page; Sequence: 2; Options: Last --><\/p>\n<p>    <!-- Field: \/Page --><\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<\/div>\n<p><!-- END EXHIBIT: EX-99.1 --><\/p><\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.stocktitan.net \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 \u00a0 FORM 6-K \u00a0 REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 \u00a0 For the month of May 2026 \u00a0 Commission File Number 001-41831 \u00a0 Globavend Holdings Limited (Registrant\u2019s Name) \u00a0 Office 1401, Level 14, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2418387,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[386779,473565,367677,473433,473434,473435,473566,473437],"class_list":["post-2418386","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-acquisition","tag-ai-short-drama","tag-digital-entertainment","tag-globavend","tag-gvh","tag-loomi-entertainment","tag-related-party-transaction","tag-shareholder-loan"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/05\/Globavend-to-buy-70-of-Loomi-Entertainment-GVH-SEC.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2418386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2418386"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2418386\/revisions"}],"predecessor-version":[{"id":2418388,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2418386\/revisions\/2418388"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2418387"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2418386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2418386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2418386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}