{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-020426","form_type":"8-K","ticker":"ALBT","cik":"0001630212","company_name":"Avalon GloboCare Corp.","filed_at":"2026-02-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.686951+00:00","generated_at":"2026-05-16T00:19:43.704044+00:00","sec_items":["1.01","2.03","3.02","5.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.6,"confidence":"high","headline":"Avalon Globocare issues $233,910 convertible note; three directors resign, three appointed","bullets":["Note principal $233,910 (incl. $26,910 OID); net proceeds $207,000; matures Feb 15, 2027.","Conversion price at 75% of market price; default interest 22% p.a.; prepayable at discounts.","Directors Stilley, Tauzin, Troy resigned Feb 24; replaced by Felix, Mathews, Sanders on committees.","Resignations not due to any disagreement with company's operations, policies, or management.","Restrictions on asset sales without lender consent; conversion triggers 150% penalty upon default."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-020426","json":"https://secwatch.observer/filing/0001213900-26-020426.json","markdown":"https://secwatch.observer/filing/0001213900-26-020426.md","text":"https://secwatch.observer/filing/0001213900-26-020426.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1630212/000121390026020426/0001213900-26-020426-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1630212/000121390026020426/ea0278170-8k_avalon.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T00:19:43.704044+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}