---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-026600"
form_type: "8-K"
ticker: "ALBT"
cik: "0001630212"
company_name: "Avalon GloboCare Corp."
filed_at: "2024-03-27T23:59:59+00:00"
generated_at: "2026-06-04T07:11:49.845138+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Avalon GloboCare enters into mortgage agreements to secure $2.7M in existing debt

## Summary
- Mortgaged real property in Freehold, NJ to secure $2.2M owed to Mast Hill Fund under May 2023 ($1.5M) and Mar 2024 ($0.7M) notes.
- Separately mortgaged same property to secure $500,000 owed to Firstfire Global Opportunities Fund from prior 2023 financing.
- Mortgages grant security interests in land, buildings, equipment, leases, and insurance proceeds.
- No new financing; existing debt is being collateralized with real estate owned by wholly owned subsidiary.

## SEC filing metadata
- accession: 0001213900-24-026600
- form_type: 8-K
- ticker: ALBT
- cik: 0001630212
- company_name: Avalon GloboCare Corp.
- filed_at: 2024-03-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1630212/000121390024026600/0001213900-24-026600-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1630212/000121390024026600/ea0202194-8k_avalonglobo.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-026600
- JSON: https://secwatch.observer/filing/0001213900-24-026600.json
- Plain text: https://secwatch.observer/filing/0001213900-24-026600.txt

## Key facts
- Debt Financings
  Avalon GloboCare Corp. incurred convertible notes of $700,000.00 with Mast Hill Fund L.P. at 13%.
  - Instrument: convertible notes
  - Principal: $700,000.00
  - Counterparty: Mast Hill Fund L.P.
  - Rate: 13%
  - Event: incurrence
  source text: the issuance of 13% senior secured promissory notes totaling $700,000.00 convertible into common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1630212/000121390024026600/0001213900-24-026600-index.htm
- Material Agreements
  Avalon GloboCare Corp. entered into Mortgage and Security Agreement dated March 27, 2024 (Mast Hill Mortgage) with Mast Hill Fund L.P. valued at $2,200,000.00 combined principal sum (effective 2024-03-27).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Mast Hill Fund L.P.
  - Value: $2,200,000.00 combined principal sum
  - Effective: 2024-03-27
  source text: On March 27, 2024, Avalon Globocare Corp. (the "Company") entered into a Mortgage and Security Agreement (the "Mast Hill Mortgage") with Mast Hill Fund L.P. ("Mast Hill") to secure the payment performance and obligation under certain follow-up financing agreements described below.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1630212/000121390024026600/0001213900-24-026600-index.htm

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