Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 5

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 5
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        $6,371,570  
  Total Assets                                     $47,630,015       $54,906,695  
  Total Current Liabilities                        $17,416,718       $15,652,953  
  Total Non-current Liabilities                    $23,122,082       $27,838,163  
  Total Liabilities                                $40,538,800       $43,491,116  
  Total Shareholders’ Equity                        $7,091,215       $11,415,579  
  Total Liabilities and Shareholders’ Equity       $47,630,015       $54,906,695  

The following table presents the Company’s
summary consolidated cash flow data for the years ended December 31, 2024, 2023 and 2022.

                                                                    For the Years Ended                                                    
                                                                    December 31,                                                           
                                                                    2024                                                                   
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Net cash (used in) provided by operating activities                                        (2,244,544       23,573,330      (12,849,693  
  Net cash (used in) provided by investing activities                                           (52,744          253,662       (1,107,279  
  Net cash provided by (used in) financing activities                                         4,041,584      (16,216,022       12,944,067  
  Effect of exchange rate changes on cash and cash equivalents                                  258,819          (56,194           66,305  
  Net increase (decrease) in cash and cash equivalents                                        2,003,115        7,554,776         (946,600  
  Cash and cash equivalents at beginning of year                                             13,328,156        5,773,380        6,719,980  
  Cash and cash equivalents at end of year                          $                        15,331,271       13,328,156        5,773,380  

B. Capitalization and Indebtedness

Not applicable.

C. Reasons for the Offer and Use of Proceeds

Not applicable.

D. Risk Factors

You should
carefully consider the risks described below together with all of the other information included in this report before making an investment
decision with regard to our securities. The statements contained in or incorporated into this report that are not historic facts are forward-looking
statements that are subject to