Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 82

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 3
Chunk 82
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-Oxley Act of 2002. Section 404 of the Sarbanes-Oxley
Act, or Section 404, requires the Company to include a report from management on the effectiveness of our internal control over financial
reporting in our annual report on Form 20-F beginning with our second annual report on Form 20-F after becoming a public company.
In addition, once the Company ceases to be an “emerging growth company” as such term is defined in the JOBS Act, our independent
registered public accounting firm must attest to and report on the effectiveness of our internal control over financial reporting. Moreover,
even if our management concludes that our internal control over financial reporting is effective, our independent registered public accounting
firm, after conducting its own independent testing, may issue an adverse opinion on the effectiveness of internal control over financial
reporting if it is not satisfied with our internal controls or the level at which our controls are documented, designed, operated or reviewed,
or if it interprets the relevant requirements differently from the Company. In addition, after the Company becomes a public company, our
reporting obligations may place a significant strain on our management, operational and financial resources and systems for the foreseeable
future. The Company may be unable to timely complete its evaluation testing and any required remediation.

During the course of documenting and testing our
internal control procedures, in order to satisfy the requirements of Section 404, the Company may identify other weaknesses and deficiencies
in our internal control over financial reporting. If the Company fails to maintain the adequacy of its internal control over financial
reporting, as these standards are modified, supplemented, or amended from time to time, the Company may not be able to conclude on an
ongoing basis that it has effective internal control over financial reporting in accordance with Section 404. Generally speaking,
if the Company fails to achieve and maintain an effective internal control environment, it could result in material misstatements in our
financial statements and could also impair our ability to comply with applicable financial reporting requirements and related regulatory
filings on a timely basis. As a result, our businesses, financial condition, results of operations and prospects, as well as the trading
price of the ordinary shares, may be materially and adversely affected. Additionally, ineffective internal control over financial reporting
could expose the Company to increased risk of fraud or misuse of corporate assets and subject the Company to potential delisting from
the stock exchange on which the Company lists, regulatory investigations and civil or criminal sanctions. the Company may