Avalon Globocare Corp. has acquired RPM Interactive, Inc., a generative AI software company specializing in automated SaaS platforms for short-form video content creation. The transaction was completed through an all-stock deal, with RPM merging into Avalon Quantum AI, LLC, a newly formed subsidiary of Avalon. As part of the acquisition, Avalon issued 19,500 shares of Series E Non-Voting Convertible Preferred Stock to RPM's stockholders, valued at a total of $19.5 million. Michael Mathews, Chairman and CEO of Aspen Group, Inc., has joined Avalon's Board of Directors following the merger.
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: 9602006) on December 15, 2025, and is solely responsible for the information contained therein.