debt
confidence high
sentiment neutral
materiality 0.60
Change Agents Corp. enters $825K loan, issues 360K shares to lender
Avalon GloboCare Corp.
- Principal $825,000; net proceeds $254,350 after $41,250 admin fee and $529,400 prior loan repayment.
- Total repayment $1,188,000 including $363,000 interest; 30 weekly installments of $37,125 starting July 29, 2026.
- Loan matures March 3, 2027; secured by collateral and guaranteed by three wholly-owned subsidiaries.
- Lender received 360,000 commitment shares with piggyback registration rights under forbearance agreement.
- Restrictive covenants limit additional debt, investments, liens, asset sales, mergers, and dividends.