$GVH

Hungarian Competition Authority (GVH) granted unconditional approval for Vajda-Papír Kft. to acquire Sofidel Hungary Kft.’s private-label household paper manufacturing and partial sales business from Sofidel’s Lábatlan plant. GVH said the deal would not significantly reduce competition after a full merger review. Closing is expected after remaining conditions, supporting Vajda-Papír’s HUF 40 billion, three-year investment plan.

Globavend Holdings Limited (NASDAQ: GVH) shares rose about 12.09% on July 30, 2026. The article cites GVH’s AI micro-drama pivot, including “Buried Innocent” and “Kopi-Kopi,” and a global distribution deal via Loomi Entertainment with DramaBox for “The Wolf King’s Forbidden Bride,” citing over 90M registered users. It also notes GVH’s cash-heavy balance sheet and removal of Series A warrant overhang.

Globavend Holdings Limited (NASDAQ: GVH) shares rose about 12.1% on July 30, 2026 after news and sentiment around its AI micro-drama pivot. The article cites revenue of about $23.6M, P/S near 0.08, cash around $7.5M, and a DramaBox distribution deal for “The Wolf King’s Forbidden Bride.”

Fung Kai Man purchased 4,634 shares of Globavend Holdings Ltd (GVH) at $0.91 on 2026-07-29.

Globavend Holdings (NASDAQ:GVH) shares fell after the company signed a global distribution agreement with DramaBox to premiere its original AI-produced title, The Wolf King’s Forbidden Bride, on DramaBox’s platform. The deal is intended to expand monetization of Globavend’s content. GVH was down 4.55% to $1.05, near its 52-week low of $0.87.

Globavend Holdings Limited (GVH) shares fell about 60% to $1.87 on Nasdaq after its Loomi Entertainment Group subsidiary signed a global distribution agreement with DramaBox for worldwide release of the AI-produced micro drama “The Wolf King’s Forbidden Bride.” The stock last closed at $4.76 and is within a $0.87 to $10.74 52-week range.

Globavend Holdings (NASDAQ:GVH) said its subsidiary Loomi Entertainment Group signed a global distribution agreement with DramaBox to distribute its AI-produced micro drama “The Wolf King’s Forbidden Bride.” The company cited DramaBox’s 90M+ registered users, 200+ countries/regions, and 100M+ Google Play downloads, adding a third-party platform to its Loomi: Short Drama network.

Globavend Holdings Limited (NASDAQ: GVH) reported unaudited results for the six months ended March 31, 2026. Revenue rose 8.0% to US$14.8 million, driven by a 44% increase in average daily shipments. Cash was about US$7.1 million and shareholders’ equity about US$10.4 million. Gross margin fell to 7.1% and it posted a net loss of US$30,887.

Globavend Holdings Limited (NASDAQ: GVH) said its entertainment unit Loomi made a strategic investment in the MAMAMOO 2026 World Tour Hong Kong and will act as an official co-organizer. The Oct. 4, 2026 concert at Kai Tak Arena is presented by FWD Insurance. Loomi will receive a pro rata share of concert economic returns based on its capital contribution.

Globavend Holdings Limited (NASDAQ: GVH) said all Series A warrants issued with its June 2025 public offering have expired, leaving no outstanding warrants and removing a potential future dilution source. The company also highlighted progress on its AI-powered Imaginary production platform and AI-produced micro-drama, alongside continued cross-border e-commerce logistics expansion.