Avalon GloboCare merges with YOOV; YOOV had $45.7M revenue, $3.4M net income in 2024

Avalon GloboCare Corp.

YOOV CY2024 unaudited revenue $45.7M, net income $3.4M; up from $28.7M rev, ($2.4M) loss in 2023.
Post-merger, YOOV shareholders expected to own ~97.5-97.8% of combined co; Avalon shareholders ~2.2-2.5%.
Phil Wong (YOOV CEO) to become Chairman, CEO, President post-close; board 7 members: 5 from YOOV, 2 from Avalon.
Expected transaction close Q3 2025, subject to stockholder approvals and Nasdaq listing conditions.

item 1.01 item 5.03 item 7.01 item 9.01

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accession 0001213900-25-021943

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