Avalon GloboCare raises $500K via stock sale, amends Series C preferred, and updates note balance

Avalon GloboCare Corp.

Issued 141,643 shares at $3.53/share to York Sun Investment for $500,000.
Waiver with Mast Hill Fund waives cash penalties on $2.845M note; floor price of $1.00 for conversion adjustments.
As of Aug 29, 2025, note principal balance is $1,421,323.
Potential conversion of note at floor price could yield up to ~2.94M shares (subject to 4.99% beneficial ownership cap).
Amended Series C Convertible Preferred beneficial ownership limitation from 19.99% to 4.99%.

item 3.02 item 1.01 item 8.01 item 5.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Avalon GloboCare Corp.: Amended beneficial ownership limitation in Series C Preferred Stock certificate of designations from 19.99% to 4.99% (effective 2025-05-29).

Change: charter amendment
Effective: 2025-05-29

Exact text from the filing

On May 29, 2025, the Company filed a certificate of amendment to the Series C Certificate of Designations (the "Certificate of Amendment"), pursuant to which the beneficial ownership limitation of 19.99% was amended to 4.99%.

View on SEC.gov

86 governance changes filed in the last 30 days. Browse all governance changes →

Avalon GloboCare Corp. filing history →

Source: SEC EDGAR

accession 0001213900-25-082662

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.