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

Issuer:     Avalon GloboCare Corp. (ALBT)
CIK:        0001630212
Form:       8-K
Filed at:   2025-01-10T23:59:59+00:00
Accession:  0001213900-25-002723
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avalon GloboCare exchanges Series A preferred for new Series D; eliminates Series A
--------------------------------------------------------------------------------

- Chairman Wenzhao Lu exchanged 9,000 Series A shares for 5,000 Series D shares; no Series A outstanding after Jan 9, 2025.
- Series D Preferred Stock designated on Jan 6, 2025; 5,000 shares authorized, $1,000 stated value per share.
- Series D convertible into common at $2.41/share, subject to shareholder approval and 4.99% beneficial ownership cap.
- Series D ranks senior to common, pari passu with Series B and C preferred; no dividends; no voting except as required by law.
- Transaction exempt from registration under Section 3(a)(9) of Securities Act; no other Series A shares remain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1630212/000121390025002723/0001213900-25-002723-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1630212/000121390025002723/ea0227364-8k_avalon.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-002723

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