HONG KONG--(BUSINESS WIRE)--Global-Tech Advanced Innovations Inc. (NASDAQ: GAI) (the “Company”) today announced that its Board of Directors (the “Board”) has formed a special committee (the “Special Committee”) to consider potential transactions involving the Company, including the previously announced unsolicited preliminary non-binding proposal, which the Board received from Company’s President and Chief Executive Officer, Mr. John C.K. Sham, and certain of his controlled or affiliated entiti