Able View Global

ABLV

Market cap $45.4M

SHANGHAI, CHINA / ACCESSWIRE / November 8, 2024 / Able View Global Inc. - (NASDAQ-CM:ABLV) ("Able View" or the "Company") one of the largest comprehensive brand management partners of international beauty and personal care brands in China, is pleased to announce the successful completion on November 4, 2024 of the Company's issuance and sale of convertible notes to three non-U.S. investors (the "Purchasers"). Under the terms of the transaction, Able View has issued convertible notes (the "Notes") totaling a principal amount of USD$4,000,000 to the three Purchasers.

SHANGHAI, CHINA / ACCESSWIRE / November 1, 2024 / Able View Global Inc. (Nasdaq:ABLV) ("Able View" or the "Company"), one of the largest comprehensive brand management partners of international beauty and personal care brands in China, today announced that on October 30, 2024, the Company received a notification letter from the Nasdaq Listing Qualifications Department ("Nasdaq") notifying the Company that it is not in compliance with the minimum bid price requirement from September 18, 2024 through October 29, 2024. As set forth in the Nasdaq Listing Rules 5550(a)(2) ("Nasdaq Listing Rule"), it requires that the closing bid price for the Company's ordinary shares listed on the Nasdaq be maintained at a minimum of USD$1.00 and failure to meet it for 30 consecutive trading days constitutes a compliance deficiency.