Avalon Globocare Corp. Secures $200,000 in Convertible Promissory Notes from Accredited Investors
Avalon GloboCare Corp., a Delaware-based company, has entered into a new financing agreement, issuing two Convertible Promissory Notes to accredited investors, each with a principal amount of $100,000. The Notes, bearing a one-time interest charge of $30,000, mature in nine months from the issuance date of July 3, 2025. Investors have the option to convert the principal and accrued interest into common stock at a fixed price of $1.00 per share starting six months after issuance, with certain conversion limitations in place. As part of the agreement, Avalon has issued 5,000 shares of restricted common stock to each investor as a commitment fee. The Notes, unsecured and junior to secured indebtedness, can be prepaid by Avalon without penalty. This agreement highlights Avalon's strategic financial maneuvering to bolster its capital resources.
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: 0001213900-25-062406), on July 09, 2025, and is solely responsible for the information contained therein.
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