Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 68

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 68
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 New York, and is subject to inspection
by the PCAOB on a regular basis. As of the date of this Report, our auditor is not among the firms listed on the PCAOB Determination List
issued in December 2021.

On August 26, 2022, the PCAOB announced and
signed a Statement of Protocol (the “ Protocol”) with the China Securities Regulatory Commission and the Ministry of Finance
of the People’s Republic of China (together, the “ PRC Authorities”). The Protocol provides the PCAOB with: (1) sole
discretion to select the firms, audit engagements and potential violations it inspects and investigates, without any involvement of Chinese
authorities; (2) procedures for PCAOB inspectors and investigators to view complete audit work papers with all information included
and for the PCAOB to retain information as needed; (3) direct access to interview and take testimony from all personnel associated
with the audits the PCAOB inspects or investigates.

On December 15, 2022, the PCAOB announced
in its 2022 HFCAA Determination Report (the “2022 Report”) its determination that the PCAOB was able to secure complete access
to inspect and investigate audit firms headquartered in mainland China and Hong Kong in 2022, and the PCAOB Board voted to vacate previous
determinations to the contrary. According to the 2022 Report, this determination was reached after the PCAOB had thoroughly tested compliance
with every aspect of the Protocol necessary to determine complete access, including on-site inspections and investigations in a manner
fully consistent with the PCAOB’s methodology and approach in the U. S. and globally. According to the 2022 Report, the PRC
Authorities had fully assisted and cooperated with the PCAOB in carrying out the inspections and investigations according to the Protocol,
and have agreed to continue to assist the PCAOB’s investigations and inspections in the future. However, as required by the HFCAA,
if in the future the PCAOB determines it no longer can inspect or investigate completely because of a position taken by any foreign authority,
including but is not limited to mainland China or Hong Kong jurisdiction, the PCAOB will act expeditiously to consider whether it should
issue a new determination.

Further developments related to the HFCAA could
add uncertainties to our offering. We cannot assure you what further actions the SEC, the PCAOB or the stock exchanges will take to address
these issues and what impact such actions will have on U.