---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-010503"
form_type: "8-K"
ticker: "ALBT"
cik: "0001630212"
company_name: "Avalon GloboCare Corp."
filed_at: "2023-02-13T23:59:59+00:00"
generated_at: "2026-06-19T16:04:57.419759+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Avalon GloboCare acquires 40% of Laboratory Services MSO for $21M

## Summary
- Total consideration $21M: $9M cash, $11M in Series B Convertible Preferred stock (11,000 shares at $1,000 stated value), plus $1M anniversary payment due Feb 9, 2024.
- Seller eligible for earnout up to $10M, with up to $5M cash and $5M in common stock based on Dec 31, 2023 closing price.
- Buyer has option to purchase additional 20% of Lab Services MSO within 9 months for $6M cash + $4M in Series B preferred stock.
- Series B Preferred converts to common at $3.78/share, subject to one-year lock-up period and monthly 10% resale limit thereafter.
- Sarah Cox retained as consultant; Meng Li continues as COO and board member.

## SEC filing metadata
- accession: 0001213900-23-010503
- form_type: 8-K
- ticker: ALBT
- cik: 0001630212
- company_name: Avalon GloboCare Corp.
- filed_at: 2023-02-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.03, 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1630212/000121390023010503/0001213900-23-010503-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1630212/000121390023010503/ea173222-8k_avalonglobo.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-010503
- JSON: https://secwatch.observer/filing/0001213900-23-010503.json
- Plain text: https://secwatch.observer/filing/0001213900-23-010503.txt

## Key facts
- M&A Transactions
  Avalon GloboCare Corp. completed an acquisition involving SCBC Holdings LLC for $21,000,000 (closed 2023-02-09).
  - Action: acquisition
  - Counterparty: SCBC Holdings LLC
  - Consideration: $21,000,000
  - Closing: 2023-02-09
  source text: Services MSO (the “ Purchased Interests ”), free and clear of all liens (the “ Transaction ”). The consideration paid by Buyer to Seller for the Purchased Interests consisted of $21,000,000, which comprised of (i) $9,000,000 in cash, (ii) $11,000,000 pursuant to the issuance of 11,000 shares of the Company’s newly designated Series B Convertible Preferred Stock (the “
  evidence_url: https://www.sec.gov/Archives/edgar/data/1630212/000121390023010503/0001213900-23-010503-index.htm
- Material Agreements
  Avalon GloboCare Corp. entered into Amended MIPA with Seller.
  - Action: entry
  - Counterparty: Seller
  source text: he Series B Preferred Stock to the Seller, the terms of which are set forth below. The Company designated up to 15,000 shares of the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1630212/000121390023010503/0001213900-23-010503-index.htm

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