Avalon GloboCare Corp. entered into a securities purchase agreement with Mast Hill Fund, L.P., an accredited investor, on July 21, 2025. The company agreed to issue and sell 300 shares of Series C Convertible Preferred Stock for a total of $300,000, priced at $1,000 per share. The transaction will yield net proceeds of $290,000 after deducting offering expenses. The issuance of common stock upon conversion will require shareholder approval.
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: 0001213900-25-066823), on July 23, 2025, and is solely responsible for the information contained therein.