secwatch.observer — SEC 8-K summary
======================================

Issuer:     Avalon GloboCare Corp. (ALBT)
CIK:        0001630212
Form:       8-K
Filed at:   2024-12-19T23:59:59+00:00
Accession:  0001213900-24-110582
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avalon GloboCare waives amortization on $2.845M note, pays $150k fee, issues warrant for 150k shares at $0.01
--------------------------------------------------------------------------------

- Waived all amortization payments under the $2.845M senior secured note with Mast Hill Fund; paid $150k waiver fee.
- Issued to Mast Hill Fund a warrant to purchase 150,000 common shares at $0.01 per share.
- Filed Series C Convertible Preferred Stock certificate: 10,000 shares, $1,000 stated value, conversion at $2.41.
- Series C Preferred conversion subject to shareholder approval and one-year anniversary; beneficial ownership cap 19.99%.
- Warrant issuance is an unregistered sale of equity securities exempt under Section 4(a)(2).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1630212/000121390024110582/0001213900-24-110582-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1630212/000121390024110582/ea0225230-8k_avalon.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-110582

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer