{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-055582","form_type":"8-K","ticker":"ALBT","cik":"0001630212","company_name":"Avalon GloboCare Corp.","filed_at":"2023-07-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.616580+00:00","generated_at":"2026-06-13T10:35:43.615855+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"AVALON GLOBOCARE issues $500K 13% convertible note with Firstfire; net proceeds $475K after OID","bullets":["$500,000 principal 13% senior secured convertible note issued to Firstfire; net proceeds $475K after $25K OID and $8.5K legal fee withheld.","Conversion price $4.50 per share (floor $1.50 if amortization missed), convertible into common stock.","Issued warrants to purchase 41,665 shares at $4.50 and 35,165 shares at $3.20, plus 25,000 commitment shares as additional consideration.","Proceeds used for general corporate purposes; note secured by assets of Company and subsidiaries.","Transaction closed July 7, 2023; securities issued under Section 4(a)(2) exemption."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-055582","json":"https://secwatch.observer/filing/0001213900-23-055582.json","markdown":"https://secwatch.observer/filing/0001213900-23-055582.md","text":"https://secwatch.observer/filing/0001213900-23-055582.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1630212/000121390023055582/0001213900-23-055582-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1630212/000121390023055582/ea181514-8k_avalon.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T10:35:43.615855+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"38dec6b502eb485625cba1fb64467ec260c13e36","claim":"Avalon GloboCare Corp. incurred convertible notes of $500,000.00 with Firstfire Global Opportunities Fund, LLC at 13%.","evidence_excerpt":"On July 6, 2023, AVALON GLOBOCARE CORP. (the “ Company ”) entered into securities purchase agreements (the “ Securities Purchase Agreements ”) with Firstfire Global Opportunities Fund, LLC (“ Firstfire ”) for the issuance of 13% senior secured promissory notes in the aggregate principal amount of $500,000.00","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1630212/000121390023055582/0001213900-23-055582-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$500,000.00"},{"label":"Counterparty","value":"Firstfire Global Opportunities Fund, LLC"},{"label":"Rate","value":"13%"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"d5effa2c0315332dce6c5e42b81b3e719a924208","claim":"Avalon GloboCare Corp. entered into Securities Purchase Agreements with Firstfire Global Opportunities Fund, LLC valued at $500,000.00 (effective 2023-07-06).","evidence_excerpt":"On July 6, 2023, AVALON GLOBOCARE CORP. (the “ Company ”) entered into securities purchase agreements (the “ Securities Purchase Agreements ”) with Firstfire Global Opportunities Fund, LLC (“ Firstfire ”) for the issuance of 13% senior secured promissory notes in the aggregate principal amount of $500,000.00","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1630212/000121390023055582/0001213900-23-055582-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Firstfire Global Opportunities Fund, LLC"},{"label":"Value","value":"$500,000.00"},{"label":"Effective","value":"2023-07-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}