Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 182

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 19
Chunk 182
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 lease right-of-use assets obtained in exchange for operating lease liabilities                $                                           13,403      $            2,416,154      $              272,600  
  Accretion of convertible redeemable preferred shares                                                    $                                                —      $              160,000      $              135,781  
  Issuance of Class B ordinary shares to a financial advisor                                              $                                                —      $            6,160,000      $                    —  
  Issuance of Class B ordinary shares for conversion of convertible notes                                 $                                        2,694,000      $                    —      $                    —  
  Due from a third party for disposal of property and equipment                                           $                                          103,937      $                    —      $                    —  
  Redesignation of dividends payable as amount due to a related party                                     $                                                —      $                    —      $            6,755,952  
  Net settlement of due from related parties with due to related parties                                  $                                        9,181,726      $            1,335,008      $                    —  

The accompanying notes are an integral part
of the consolidated financial statements

F-6

ABLE VIEW GLOBAL INC.

1. ORGANIZATION
AND BUSINESS DESCRIPTION

History of Able View Global Inc. (the “ Company”
or “ Able View Global”)

Able View Global Inc. (“ Able View Global”,
or the “ Company”) was incorporated as a private company under the laws of Cayman Island onOctober 11, 2022, as a direct
wholly owned subsidiary of Able View Inc. (“ Ableview Cayman”). Ableview Cayman was incorporated on January 21, 2021 under
the laws of the Cayman Islands as an exempted company with limited liability.

Ableview Cayman owns100% of the equity interests
of Ableview Capital Group Ltd (“ Ableview BVI”), an entity incorporated under the laws of British Virgin Islands (“ BVI”)
on February 10, 2021.

On October 11, 2022 and October 12,
2022, Ableview Cayman set up both Able View Global and Able View Corporation Inc. (the “ Merger Sub”) under the laws of the
Cayman Islands as exempted companies with limited liability. Ableview Cayman owned100% of the equity interests of Able View Global and
Merger Sub.

Ableview BVI owns100% of the equity interests
of Ableview Brands Limited (“