Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 16

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 16
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 sunscreen. In addition, we generally experience a lower level of sales activity
in the first quarter due to the Chinese New Year holiday, during which consumers generally spend less time shopping online and businesses
in China are generally closed.

In anticipation of increased sales activity during
peak seasons, we increase our inventory levels and incur additional expenses. After Able View goes public, if our seasonal revenues are
below expectations, our operating results could be below the expectations of securities analysts and investors. Due to the nature of our
business, it is difficult to predict the impact of this seasonality on our business and financial results. In the future, our seasonal
sales patterns may become more pronounced, may strain our personnel, customer service operations, fulfillment operations and shipment
activities and may cause a shortfall in revenues compared to expenses in a given period. As a result, the trading price of our ordinary
shares may fluctuate from time to time due to seasonality following the consummation of the Business Combination.

In addition, if too many consumers access the
online stores operated by us within a short period of time due to increased promotions or other demand surges, we may experience system
interruptions that make such online stores unavailable or prevent us from transmitting orders to our fulfillment operations. Any such
system interruptions may reduce the volume of transactions in the stores that we operate as well as the attractiveness of such online
stores to consumers. In anticipation of increased sales activity during peak seasons, we and our brand partners increase our inventory
levels. If we and our brand partners do not increase inventory levels for popular products in sufficient amounts or are unable to restock
popular products in a timely manner, we and our brand partners may fail to meet customer demand which could reduce the attractiveness
of such online stores. Alternatively, if we overstock products, we may be required to take significant inventory markdowns or write-offs
under the distribution model, which could reduce profits. Either of these outcomes may lead our brand partners to reduce their engagement
with us.

Our substantial level of indebtedness could
adversely affect our financial condition.

We have a substantial amount of short term indebtedness
at various interest rates. As of December 31, 2024, we had a total short term indebtedness liability of approximately $8.1 million and
total long term indebtedness liability of approximately $22.9 million, relative to a twelve-month net loss of approximately $7.4 million
in the twelve months ended at the same date and a total liability of