other material
confidence high
sentiment neutral
materiality 0.50
Avalon GloboCare raises $300,000 via Series C Convertible Preferred Stock private placement
Avalon GloboCare Corp.
- Sold 300 shares of Series C Convertible Preferred Stock to Mast Hill Fund for $300,000; net proceeds $290,000 after legal fees.
- Conversion to common stock conditioned on shareholder approval; no registration under Securities Act.
- Shares subject to transfer restrictions; issuance exempt under Section 4(a)(2) of the Securities Act.
- Company disclosed ~2,954,193 common shares outstanding as of July 21, 2025, plus Series C and D preferred.