Avalon Globocare Enters $475,500 Securities Purchase Agreement with Brown Stone Capital

Reuters
07-19
Avalon Globocare Enters $475,500 Securities Purchase Agreement with Brown Stone Capital

Avalon GloboCare Corp., a Delaware-based company, has entered into a significant securities purchase agreement with Brown Stone Capital Ltd., an accredited investor. Under the agreement, Avalon will issue and sell 121,200 shares of its common stock and pre-funded warrants for an additional 354,300 shares to the investor, totaling $475,500. The transaction, which closed on July 17, 2025, generated net proceeds of $450,500 for Avalon after deducting offering expenses. Additionally, Avalon and the investor have entered into a registration rights agreement, committing to register the shares and warrants under the Securities Act of 1933. Avalon aims to file the registration statement by September 26, 2025, and seeks SEC approval within thirty to seventy-five days, depending on the review process.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avalon Globocare Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-065724), on July 18, 2025, and is solely responsible for the information contained therein.

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