Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 109

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 4A
Chunk 109
---
paid-in capital of $472,631 from disposal of HMAC, which represented the difference between the consideration of $nil and HMAC’s
net liability as of the disposal date.

In September 2024, we entered into Convertible
Note Purchase Agreements (the “ Agreements”) with each of the three (3) non-U. S. investors (the “ Purchasers”).

Pursuant to the Agreements, we issued and sold
to the Purchasers convertible notes (the “ Notes”) in the aggregate principal amount of US$5,000,000 after an original issue
discount of 20%. The Notes have an interest rate of 8% per annum, and a maturity date of three (3) years from the date of issuance. The
Notes are convertible into Class B Ordinary Shares (the “ Conversion Shares”) at the option of the Purchasers, at a conversion
price (the “ Conversion Price”) of the higher of (i) 75% of the lowest volume-weighted average trading price of the Class B
Ordinary Shares during the ten (10) latest consecutive business days preceding the conversion, or (ii) $0.6 per Class B Ordinary Share.
In addition, we will issue the Purchasers certain conversion warrants upon the conversion of the Notes, with each warrant eligible to
purchase one (1) Class B Ordinary Share per Conversion Share (the “ Conversion Warrants”), and the exercise price of such Conversion
Warrants is the same as the Conversion Price of the Notes. By November 4, 2024, we have collected proceeds from the Notes. On November
20, 2024, the Company received conversion notice from the Purchasers. On November 25, 2024, we issued an aggregation of 7,751,939 Class
B Ordinary Shares and 7,751,939 Conversion Warrants to three Purchasers at conversion price of $0.645 per share.

Factors Affecting Results of Operations

Our business, financial condition and results
of operations have been, and are expected to continue to be, affected by a number of factors, which primarily include the following:

Overall economic and political conditions

Our business, financial condition and results
of operations are sensitive to changes in overall economic and political conditions that affect consumer spending in China. In addition,
the retail industry is highly sensitive to general economic changes. Many factors outside of our control, including inflation and deflation,
interest rates, volatility of equity and debt securities markets, and other government policies