secwatch.observer — SEC 8-K summary
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Issuer:     Avalon GloboCare Corp. (ALBT)
CIK:        0001630212
Form:       8-K
Filed at:   2026-02-19T23:59:59+00:00
Accession:  0001213900-26-018475
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avalon GloboCare sells 100% of property subsidiary to Chairman for $9M, relieved of $5.9M mortgage
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- Sold 100% membership interests in Avalon RT 9 Properties, LLC to Chairman Wenzhao Lu for $9M total consideration.
- Purchase price consists of $3.1M cash previously advanced plus satisfaction of approx. $5.9M mortgage outstanding.
- Company released from all obligations as guarantor on the mortgage; property is principal office location in Freehold, NJ.
- Also amended $375K unsecured bridge note to extend first, second, and third payment deadlines by one month each.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1630212/000121390026018475/0001213900-26-018475-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1630212/000121390026018475/ea0277664-8k_avalon.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-018475

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