---
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"
generated_at: "2026-05-16T00:19:43.704044+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Avalon Globocare issues $233,910 convertible note; three directors resign, three appointed

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: negative
- materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-020426
- JSON: https://secwatch.observer/filing/0001213900-26-020426.json
- Plain text: https://secwatch.observer/filing/0001213900-26-020426.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.