STOCK TITAN

Able View Global Inc. (ABLV) approvals give Class A shares 100 votes each

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Able View Global Inc. reported results of a Class B shareholders’ meeting and an extraordinary general meeting. Holders of Class B shares approved increasing the voting rights of each Class A ordinary share from ten votes to one hundred votes.

At the EGM, shareholders approved a potential share consolidation of all Class A and Class B ordinary shares at a ratio of up to one-for-two hundred, with the exact ratio and timing to be chosen by the board. They also approved a corresponding increase of authorized ordinary shares by the same ratio and formally increased the voting rights of Class A shares to one hundred votes per share while Class B shares retain one vote.

Shareholders further approved adopting a Second Amended and Restated Memorandum and Articles of Association to reflect the revised share capital structure and new voting arrangements.

Positive

  • None.

Negative

  • Class A super-voting rights approved: Each Class A share now carries one hundred votes versus one vote for Class B, significantly concentrating corporate control with Class A holders and widening the gap between economic ownership and voting power.

Insights

Voting power shifts heavily toward Class A shares, entrenching control.

Able View Global Inc. obtained shareholder approval to raise Class A voting rights from ten to one hundred votes per share, while Class B remains at one vote. This creates an extreme voting disparity that centralizes decision-making power with Class A holders.

The same meeting authorized a potential share consolidation of up to one-for-two hundred and a proportional increase in authorized ordinary shares, with details left to the board’s discretion. These changes are embedded in a Second Amended and Restated Memorandum and Articles of Association.

Because voting influence now depends far more on class than on economic ownership, long-term governance dynamics may favor existing Class A holders. The real impact will depend on how the board ultimately sets the consolidation ratio and uses the enlarged authorized capital.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of March 2026

 

Commission File Number: 001-41785

 

ABLE VIEW GLOBAL INC.

 

Floor 16, Dushi Headquarters Building

No. 168, Middle Xizang Road

Shanghai, 200001, People’s Republic of China

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F Form 40-F

 

 

 

 

 

 

Able View Global Inc., a Cayman Islands exempted company (the “Company”), furnishes under the cover of Form 6-K the following:

 

On March 13, 2026, at 10:00 a.m., Local Time (March 12, 2026, at 10:00 p.m. Eastern Time), the Company held a meeting of the holders of Class B ordinary shares of a par value of $0.0001 each (such shares, the “Class B Ordinary Shares”, such meeting, the “Class B Meeting”) at the principal office of the Company located at Floor 16, Dushi Headquarters Building, No. 168, Middle Xizang Road, Shanghai, 200001, People’s Republic of China. Immediately following the Class B Meeting, the Company held an extraordinary general meeting of the shareholders of the Company (the “EGM”), at the same location.

 

As of the record date of February 2, 2026 (the “Record Date”), there were 24,871,433 Class A ordinary shares, par value $0.0001 per share (the “Class A Ordinary Shares”) and 24,518,489 Class B Ordinary Shares outstanding. Each Class A Ordinary Shares shall entitle the holder thereof to ten (10) votes on all matters subject to vote at general meetings of the Company, and each Class B Ordinary Share shall entitle the holder thereof to one (1) vote on all matters subject to vote at general meetings of the Company.

 

Class B Meeting

 

Holders of 12,594,182 Class B Ordinary Shares of the Company were present in person or by proxy at the Class B Meeting, representing approximately 51.37% of the 24,518,489 outstanding Class B Ordinary Shares as of the Record Date, and therefore constituting a quorum of at least one-third of all votes attaching to all the Class B Ordinary Shares outstanding and entitled to vote at the Class B Meeting as of the Record Date. The final voting results for the matter submitted to a vote of shareholders at the Class B Meeting are as follows:

 

   For   Against   Abstain 
Proposal: By an ordinary resolution of the holders of the Class B Ordinary Shares to approve that: with immediate effect, the voting rights attached to each Class A Ordinary Share of a par value of US$0.0001 each of the Company be increased from ten (10) votes to one hundred (100) votes on all matters subject to vote at general meetings of the Company.   12,584,959    9,223    0 

 

The matter voted on at the Class B Meeting was approved.

 

Extraordinary General Meeting

 

Holders of 24,871,433 Class A Ordinary Shares and holders of 12,594,182 Class B Ordinary Shares of the Company were present in person or by proxy at the EGM, representing 100% of the 24,871,433 outstanding Class A Ordinary Shares and approximately 51.37% of the 24,518,489 outstanding Class B Ordinary Shares as of the Record Date, and therefore constituting a quorum of at least one-third of all votes attaching to the Class A Ordinary Shares and Class B Ordinary Shares outstanding and entitled to vote at the EGM as of the Record Date. The final voting results for the matters submitted to a vote of shareholders at the EGM are as follows:

 

Proposal One: Share Consolidation

 

   For   Against   Abstain 
Proposal 1: By an ordinary resolution, to approve a share consolidation of the Company’s authorized, issued, and outstanding Class A Ordinary Shares and Class B Ordinary Shares (collectively, the “Ordinary Shares”) into fewer and proportionally more valuable shares by a ratio of up to one-for-two hundred (1:200) (the “RS Ratio Range”), such that the number of authorized, issue and outstanding Ordinary Shares is decreased by certain ratio (the “RS Ratio”), with the par value per Ordinary Share increased by the RS Ratio, subject to obtaining the requisite shareholder approval, at such time and date, if at all, and the specific RS Ratio within the RS Ratio Range, as determined by the Board of Directors in its discretion.   37,465,356    99    160 

 

1

 

 

Proposal Two: Increase of Authorized Share Capital

 

   For   Against   Abstain 
Proposal 2: By an ordinary resolution, to approve an increase of the authorized Ordinary Shares for issuance by the RS Ratio.   37,456,413    9,200    2 

 

Proposal Three: Increase of the Voting Rights of the Class A Ordinary Shares

 

   For   Against   Abstain 
Proposal 3: By a special resolution, to approve an increase of the voting rights attached to the Class A Ordinary Shares from ten (10) votes per share to one hundred (100) votes per share on all matters subject to vote at general meetings of the Company, subject to the rights, restrictions, qualifications, and preferences (if any) to be set forth in the Second Amended and Restated Memorandum and Articles of Association.   37,456,392    9,223    0 

 

Proposal Four: Second Amended and Restated Memorandum and Articles of Association

 

   For   Against   Abstain 
Proposal 4: By a special resolution, upon receipt of the approval of the shareholders of Proposal One, Proposal Two, and Proposal Three, the memorandum and articles of association of the Company will be amended and restated. The amendments will include, without limitation, (i) amending clause 7 of the memorandum of association, to alter the authorized share capital of the Company, such that the authorized share capital of the Company be altered from US$60,000 divided into 600,000,000 ordinary shares of par value of US$0.0001 each, comprising (a) 100,000,000 Class A Ordinary Shares of par value of US$0.0001 each and (b) 500,000,000 Class B Ordinary Shares of par value of US$0.0001 each to, in case of a RS Ratio of 1:200, US$12,000,000 divided into 600,000,000 ordinary shares of par value of US$0.02 each, comprising (a) 100,000,000 Class A Ordinary Shares of par value of US$0.02 each and (b) 500,000,000 Class B Ordinary Shares of par value of US$0.02 each; and (ii) amending article 12 of the articles of association, such that “holders of Class A Ordinary Shares and Class B Ordinary Shares shall at all times vote together as one class on all resolutions submitted to a vote by the Members. Each Class A Ordinary Share shall entitle the holder thereof to one hundred (100) votes on all matters subject to vote at general meetings of the Company, and each Class B Ordinary Share shall entitle the holder thereof to one (1) vote on all matters subject to vote at general meetings of the Company.” Upon approval, the Company will adopt the Second Amended and Restated Memorandum and Articles of Association to effect the above Proposal One, Proposal Two, and Proposal Three.    37,456,392    9,223    0 

 

Pursuant to the foregoing votes, all matters voted on at the EGM were approved, ratified and confirmed in all respects.

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Able View Global Inc.
     
Date: March 18, 2026 By: /s/ Jing Tang
  Name:  Jing Tang
  Title:

Chief Financial Officer

(Principal Financial Officer and Principal Accounting Officer)

 

 

3

 

 

FAQ

What did Able View Global Inc. (ABLV) shareholders approve regarding voting rights?

Shareholders approved increasing the voting rights of each Class A ordinary share from ten to one hundred votes, while each Class B ordinary share continues to carry one vote. This sharply expands the influence of Class A holders on all general meeting decisions.

What share consolidation did Able View Global Inc. (ABLV) authorize?

Shareholders approved a possible share consolidation of all authorized, issued, and outstanding Class A and Class B ordinary shares at a ratio of up to one-for-two hundred. The exact consolidation ratio and timing will be selected later by the board at its discretion.

How did Able View Global Inc. (ABLV) change its authorized share capital?

Shareholders approved increasing the authorized ordinary shares for issuance by the same ratio used in the share consolidation. In a one-for-two hundred scenario, authorized capital would become US$12,000,000 divided into 600,000,000 ordinary shares with a par value of US$0.02 each.

What is the new capital structure of Able View Global Inc. (ABLV) after the resolutions?

In a one-for-two hundred consolidation example, the company’s authorized capital becomes US$12,000,000 split into 600,000,000 ordinary shares at US$0.02 par value, comprising 100,000,000 Class A shares and 500,000,000 Class B shares, maintaining the same numerical class split as before.

What is the purpose of the Second Amended and Restated Memorandum and Articles at Able View Global Inc. (ABLV)?

The Second Amended and Restated Memorandum and Articles of Association embed the approved changes, including altered authorized share capital and the new voting structure where Class A shares carry one hundred votes and Class B shares one vote, ensuring the governing documents match the shareholder resolutions.

How many Able View Global Inc. (ABLV) shares were entitled to vote at the meetings?

As of the February 2, 2026 record date, 24,871,433 Class A ordinary shares and 24,518,489 Class B ordinary shares were outstanding and entitled to vote, forming the basis for quorums and voting calculations at both the Class B Meeting and the extraordinary general meeting.