BRIEF-Avalon Globocare and Yoov to merge

Reuters

03-10

BRIEF-Avalon Globocare and Yoov to merge

March 10 (Reuters) - Avalon Globocare Corp ALBT.O:

AVALON GLOBOCARE AND YOOV, A LEADING BUSINESS AI AUTOMATION SOLUTIONS PROVIDER, ENTER INTO MERGER AGREEMENT
AVALON GLOBOCARE CORP - NEW COMBINED COMPANY TO TRADE UNDER NASDAQ SYMBOL 'YOOV'
AVALON GLOBOCARE CORP - PHIL WONG TO BECOME CHAIRMAN, CEO, AND PRESIDENT POST-MERGER
AVALON GLOBOCARE - AVALON EQUITYHOLDERS EXPECTED TO COLLECTIVELY OWN ABOUT 2.5% TO 2.2% OF COMMON STOCK OF COMBINED CO ON PRO FORMA BASIS

Source text: nGNX8v4ppD

Further company coverage: ALBT.O

((Reuters.Briefs@thomsonreuters.com;))

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