secwatch.observer — SEC 8-K summary
======================================

Issuer:     Avalon GloboCare Corp. (ALBT)
CIK:        0001630212
Form:       8-K
Filed at:   2026-08-18T20:18:53+00:00
Accession:  0001213900-26-091239
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Change Agents raises $550K via OID notes, issues 1M pre-funded warrants
-----------------------------------------------------------------------

- Issued $616,000 principal OID notes (incl. $66,000 OID) for $550,000 gross proceeds to accredited investors.
- Proceeds repay $144K Vanquish note, $125K June 2025 notes, $74K July 2024 loan; remainder for working capital.
- Notes mature May 14, 2027, 7% interest (15% on default), prepayable at 105% of principal.
- Issued pre-funded warrants for 1,000,000 shares at $0.0001, subject to 4.99% beneficial ownership cap and Nasdaq 19.99% approval.
- Notes include negative covenants, most-favored-nation provision, and restrictions on additional debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1630212/000121390026091239/0001213900-26-091239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1630212/000121390026091239/ea0302464-8k_change.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-091239

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer