Company: ABLV
Filing Date: 2025-09-30
Form Type: 6-K
Source: 0001213900-25-093928
Chunk: 21

Company: Able View Global Inc.
Filing Date: 2025-09-30
Form: 6-K
Chunk 21
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 For    
 the six months ended June 30, 2025 and 2024, the Company repaid borrowings of $12.5 million and $18.7 million, respectively. The short-term 
 loans were pledged by the accounts receivables due from customers.                                                                          |

During the six months ended June 30,
2024, the Company entered into loan agreements with another bank. Pursuant to the loan agreements, the Company borrowed $ million from
the bank. In May 2025, the maturity dates were extended to February 2026 under the same terms. The borrowings bore interest rates ranging
between % and % per annum. For the six months ended June 30, 2024, the Company did not repay the borrowings. For the six months
ended June 30, 2025, the Company did not borrow from or repay to the bank.

For the six months ended June 30, 2025 and 2024,
the weighted average interest rate for the short-term loans were % and %, respectively.

18 ABLE VIEW GLOBAL INC.
NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 8. LONG-TERM BORROWINGS On March 22, 2024, the Company entered into a Loan Agreement (the “Loan Agreement”) with High West Capital Partners, LLC (the “Lender”), pursuant to which the Lender agrees to lend to the Company (the “Loan”) amounts to be paid in four tranches. The amount of each tranche of the Loan is adjusted depending on the trading price of the Company’s Class B Ordinary Shares. The first tranche, extended on March 28, 2024, provides the Company with loan proceeds of approximately $ 588,888; the second tranche, extended on April 9, 2024, provides the Company with loan proceeds of approximately $ 681,828; the third and final tranche, extended on April 18, 2024, provides the Company with loan proceeds of approximately $ 909,978. Each tranche of the Loan has a maturity of five yearsfrom the date the tranche is extended. Interest of 5.05% per annum shall be paid by the Company to the Lender in semi-annual installments. As of June 30, 2025 and December 31, 2024, the Company had long-term borrowings of approximately $ 2,180,694. 9. INCOME