---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-089631"
form_type: "8-K"
ticker: "ALBT"
cik: "0001630212"
company_name: "Avalon GloboCare Corp."
filed_at: "2023-11-22T23:59:59+00:00"
generated_at: "2026-06-07T22:15:22.542492+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Avalon GloboCare sells 30% interest in realty subsidiary to Chairman for $3M, with option for additional 70% up to $7M

## Summary
- Sold 30% membership interest in Avalon RT 9 Properties (owner of 4400 Route 9 South, Freehold, NJ) for $3M cash.
- Purchaser is Chairman Wenzhao Lu; transaction approved by Board per DGCL Section 144.
- Purchaser has option to buy remaining 70% for up to $7M within 12 months from closing.
- Company will continue to use the property as its principal office space.
- Closing scheduled for Dec 31, 2023, with possible acceleration by mutual agreement.

## SEC filing metadata
- accession: 0001213900-23-089631
- form_type: 8-K
- ticker: ALBT
- cik: 0001630212
- company_name: Avalon GloboCare Corp.
- filed_at: 2023-11-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1630212/000121390023089631/0001213900-23-089631-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1630212/000121390023089631/ea188870-8k_avalonglobo.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-089631
- JSON: https://secwatch.observer/filing/0001213900-23-089631.json
- Plain text: https://secwatch.observer/filing/0001213900-23-089631.txt

## Key facts
- Material Agreements
  Avalon GloboCare Corp. entered into Membership Interest Purchase Agreement with Wenzhao Lu valued at $3,000,000 (effective 2023-11-17).
  - Action: entry
  - Counterparty: Wenzhao Lu
  - Value: $3,000,000
  - Effective: 2023-11-17
  source text: On November 17, 2023, Avalon Globocare Corp., a Delaware corporation (the “Company”), entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) with Wenzhao Lu (the “Purchaser”), pursuant to which (i) the Purchaser acquired from the Company 30% of the total outstanding membership interests of Avalon RT 9 Properties, LLC, a wholly owned subsidiary of the Company (“Avalon RT9”) for a cash purchase price of $3,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1630212/000121390023089631/0001213900-23-089631-index.htm

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