Able View Global Inc. reported six-month continuing-operations revenue of $59,718,187, compared with $46,654,147 in 2025, and income from continuing operations of $963,702, versus a $167,456 loss. Product sales were $57,003,534 and online-store operation services were $2,714,653. Total net income was $963,702, versus $3,419,915 in 2025, which included $3,587,371 from discontinued operations.
Continuing operations used $3,888,598 in operating cash, compared with $30,287 provided in 2025; cash and equivalents were $4,071,690 at June 30, 2026, versus $9,010,336 at December 31, 2025. On September 17, 2026, the company closed the sale of 5,830,904 Class B ordinary shares at $0.343 per share for an aggregate purchase price of $2,000,000, with delivery against payment. Shareholders approved a consolidation of up to 1:200, with the ratio and effective time at the board’s discretion; it had not taken effect as of September 30, 2026.
Able View Global Inc. (ABLV) entered into a Securities Purchase Agreement on September 16, 2026 with a single purchaser for a registered equity financing. The company agreed to issue and sell 5,830,904 Class B ordinary shares at US$0.343 per share for an aggregate purchase price of US$2,000,000.
The transaction closed on September 17, 2026 on a delivery-versus-payment basis, with shares delivered against wire transfer of funds. The shares were issued under Able View Global Inc.’s effective shelf registration statement on Form F-3 (File No. 333-284994), which was declared effective on February 27, 2025. The SPA includes customary representations, warranties, covenants and closing conditions for both the company and the purchaser.
Able View Global Inc. (ABLV) is conducting a primary offering of 5,830,904 Class B Ordinary Shares at $0.343 per share to a single institutional investor under its Form F-3 shelf, for $2.0 million in gross proceeds and estimated net proceeds of about $1.94 million.
Class B Ordinary Shares outstanding will increase from 24,518,489 to 30,349,393, alongside 24,871,433 Class A Ordinary Shares already outstanding, with the company stating it remains within the one‑third public‑float limit for primary offerings. Able View is a Cayman holding company whose operations are conducted through PRC and Hong Kong subsidiaries, and it highlights significant regulatory and structural risks tied to China, including potential changes to the foreign investment “Negative List,” PRC data and cybersecurity rules, CSRC filing requirements for this follow‑on offering, and constraints on dividend payments from PRC subsidiaries. Net proceeds are intended for working capital and other general corporate purposes.
Able View Global Inc., a Cayman Islands holding company for China and Hong Kong operations, files its annual 20-F for the year ended December 31, 2025. The company emphasizes that investors in its Class B shares hold interests in the offshore holding company rather than the underlying PRC operating entities, and highlights structural risks around dividend flows and potential PRC restrictions.
Revenue from continuing operations declined to $105.2 million in 2025 from $126.8 million in 2024, with a small operating loss of $0.5 million and a net loss from continuing operations of $2.8 million. Including discontinued operations, Able View reported net income of $0.8 million, a turnaround from a $7.4 million loss in 2024. Total assets fell to $34.6 million from $47.6 million, while total liabilities dropped to $26.8 million, leaving shareholders’ equity at $7.8 million. Cash and cash equivalents of continuing operations decreased to $9.0 million as operating activities used cash.
The report details extensive risks tied to doing business in China, including evolving cybersecurity, data security and cross-border data transfer rules, potential China Securities Regulatory Commission filing requirements for overseas offerings, and confidentiality and archives rules for overseas listings. It notes that PRC authorities could limit the company’s ability to receive dividends from subsidiaries, conduct overseas offerings or maintain its U.S. listing, which could significantly affect the value of its securities.
Able View Global Inc. is asking shareholders to approve major changes to its share structure and voting rights at meetings on March 13, 2026 in Shanghai. One key proposal would consolidate its ordinary shares at a ratio of up to 1-for-200 to help maintain Nasdaq listing requirements.
Another proposal would increase the company’s authorized share capital after the consolidation, restoring capacity to issue up to 600,000,000 ordinary shares at a higher par value. The most significant governance change would boost the voting power of each Class A ordinary share from 10 votes to 100 votes, which would substantially dilute the relative voting influence of Class B shareholders while leaving economic rights unchanged.
A final proposal would adopt a second amended and restated memorandum and articles of association to implement the share consolidation, authorized share increase and enhanced Class A voting rights. The board unanimously recommends that shareholders vote in favor of all proposals and is soliciting proxies from holders of record as of February 2, 2026.