---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-079631"
form_type: "8-K"
ticker: "ALBT"
cik: "0001630212"
company_name: "Avalon GloboCare Corp."
filed_at: "2022-12-14T23:59:59+00:00"
generated_at: "2026-06-21T04:47:46.344472+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Avalon GloboCare closes $4M private placement with Chairman for lab services acquisition

## Summary
- Chairman Daniel Lu invested $4M in Series A preferred stock convertible at min $1.00/share.
- Proceeds to fund 60% acquisition of Laboratory Services MSO; another $6M raise planned.
- Preferred stock has 9-month conversion lock-up and 10% monthly sale limit.
- Acquisition expected to close within 30 days; management calls it transformative with positive cash flow.

## SEC filing metadata
- accession: 0001213900-22-079631
- form_type: 8-K
- ticker: ALBT
- cik: 0001630212
- company_name: Avalon GloboCare Corp.
- filed_at: 2022-12-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.03, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1630212/000121390022079631/0001213900-22-079631-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1630212/000121390022079631/ea170113-8k_avalonglobo.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-079631
- JSON: https://secwatch.observer/filing/0001213900-22-079631.json
- Plain text: https://secwatch.observer/filing/0001213900-22-079631.txt

## Key facts
- Governance Changes
  Avalon GloboCare Corp.: Filed Certificate of Designation for Series A Preferred Stock, designating up to 15,000 shares and setting preferences, rights, and limitations (effective 2022-11-03).
  - Change: charter amendment
  - Effective: 2022-11-03
  source text: On November 3, 2022 the Company filed a Certificate of Designation of Preferences, Rights and Limitations of the Series A Preferred Stock (the “ Series A Certificate of Designation ”), which became effective immediately with the Secretary of State of the State of Delaware, attached hereto as Exhibit 3.1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1630212/000121390022079631/0001213900-22-079631-index.htm
- Material Agreements
  Avalon GloboCare Corp. entered into Securities Purchase Agreement with Wenzhao Lu valued at $4,000,000 (effective 2022-12-14).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Wenzhao Lu
  - Value: $4,000,000
  - Effective: 2022-12-14
  source text: On December 14, 2022, the Company entered into a Securities Purchase Agreement with Wenzhao Lu, the Company’s Chairman of the Board, pursuant to which the Company sold to Mr. Lu 4,000 shares of its Series A Preferred Stock, stated value $1,000, for the gross proceeds of $4,000,000 (the “ Private Placement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1630212/000121390022079631/0001213900-22-079631-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.