Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 156

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 10
Chunk 156
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 States and their shareholders.

Mergers and Similar Arrangements. In
certain circumstances, the Companies Act allows for mergers or consolidations between two Cayman Islands companies, or between a Cayman
Islands company and a company incorporated in another jurisdiction ( providedthat it is facilitated by the laws of that other
jurisdiction).

Where the merger or consolidation is between two
Cayman Islands companies, the directors of each company must approve a written plan of merger or consolidation containing certain prescribed
information. That plan of merger or consolidation must then be authorized by (a) a special resolution (usually a majority of not
less than two-thirds of the votes which are cast in person or by proxy by those shareholders who, being entitled to do so, attend and
vote at a quorate general meeting of the relevant company or a unanimous written resolution of all of the shareholders entitled to vote
at a general meeting of the relevant company) of the shareholders of each company; and (b) such other authorization, if any, as may
be specified in such constituent company’s articles of association. No shareholder resolution is required for a merger between a
parent company (i. e., a company that owns at least 90% of the issued shares of each class in a subsidiary company) and its subsidiary
company where the parent and subsidiary company are both incorporated under the Companies Act. The consent of each holder of a fixed or
floating security interest of a constituent company must be obtained, unless the court waives such requirement. If the Cayman Islands
Registrar of Companies is satisfied that the requirements of the Companies Act (which includes certain other formalities) have been complied
with, the Registrar of Companies will register the plan of merger or consolidation.

Where the merger or consolidation involves a foreign
company, the procedure is similar, save that with respect to the foreign company, the directors of the Cayman Islands company are required
to make a declaration to the effect that, having made due enquiry, they are of the opinion that the requirements set out below have been
met: (i) that the merger or consolidation is permitted or not prohibited by the constitutional documents of the foreign company and
by the laws of the jurisdiction in which the foreign company is incorporated, and that those laws and any requirements of those constitutional
documents have been or will be complied with; (ii) that no petition or other similar proceeding has been filed and remains outstanding
or order made or resolution adopted to wind up or liquidate the foreign company in any