Globavend Holdings shares rise 67.34% premarket after Univest Securities completes $1.4M raise.

Globavend Holdings surged 67.34% in premarket trading following the announcement that American Universal Securities completed a $1.4 million fundraising for the company. The placement, led by Univest Securities as sole agent, provided capital to support operational growth, aligning with the stock’s sharp upward move. The significant premarket gain reflects investor optimism over the successful capital raise, which enhances liquidity and signals market confidence in the company’s strategic initiatives.