debt
confidence high
sentiment neutral
materiality 0.45
Avalon GloboCare issues $233,910 promissory note to Vanquish Funding Group at 13% OID
Avalon GloboCare Corp.
- Principal $233,910; purchase price $207,000 (13% original issue discount); 12% one-time interest.
- Note matures Feb 15, 2027; seven monthly payments start Aug 15, 2026 ($144,099 then $19,648.50).
- Upon default, note converts at 75% of lowest trading price in prior 10 trading days (25% discount).
- Also issued 100,000 and 200,000 shares to two consultants for services; no proceeds received.
- Net proceeds for working capital; $10,000 fee paid to Digital Offering LLC.