Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 219

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 19
Chunk 219
---
34,150Class B Ordinary Shares
in connection with an exchange of public rights and private rights, respectively. The Company recorded the issuance of Class B Ordinary
Shares at par value with corresponding account charged to additional paid-in capital.

F-31

ABLE VIEW GLOBAL INC.

12. (LOSS) EARNINGS
PER SHARE

For the years ended December 31, 2023 and 2022,
the Company has determined that its convertible redeemable preferred shares are participating securities as the preferred shares participate
in undistributed earnings on an as-if-converted basis. The holders of the preferred shares are entitled to receive dividends on a pro
rata basis, as if their shares had been converted into ordinary shares. Accordingly, the Company uses the two-class method of computing
net income per share, for ordinary shares and preferred shares according to the participation rights in undistributed earnings. For the
year ended December 31, 2024, the Company applied treasury method in computing loss per share for ordinary shares and Conversion Warrants.

For the years ended December 31, 2024, 2023 and
2022, the outstanding convertible redeemable preferred shares (Note 11) and warrants (Note 11), including Conversion Warrants, Public
Warrants and Private Warrants, were excluded from the calculation of diluted net earnings per ordinary share, as their inclusion would
have been anti-dilutive for the periods prescribed. For the year ended December 31, 2024 and 2023, the earnout shares (Note 15) were excluded
from the calculation of diluted net (loss) earnings per ordinary share, as the Company did not meet the performance target for the years
of 2024 and 2023.

Holders of Class A ordinary shares and Class B
ordinary shares will be entitled to the same amount of dividends, if declared. The (loss) earnings per Class A ordinary shares and (loss)
earnings per Class B ordinary shares are the same. The following table sets forth the computation of basic and diluted (loss) earnings
per share for the years ended December 31, 2024, 2023 and 2022:

                                                                                      For the Years Ended December 31,                                                                       
                                                                                      2024                                                   2023                      2022                  
  Net (loss) income                                                                   $                                     ( 7,419,412      $          9,750,046      $          7,903,611  
 ─────────────────────────────────────────