Avalon GloboCare Corp. has announced the conversion of the majority of its outstanding debentures, eliminating $2.6 million of debt by converting it into common stock. This move follows a June 2024 convertible note financing and leaves only $288,000 of the original $2.8 million principal repaid in cash. The company believes that nearly all of the converted shares have been sold. Avalon states that this transaction significantly strengthens its balance sheet, improves financial transparency, and supports its compliance with Nasdaq's minimum stockholders’ equity requirement, enhancing its ability to pursue strategic growth initiatives.

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 GlobeNewswire (Ref. ID: GNW9646976-en) on February 02, 2026, and is solely responsible for the information contained therein.