other material
confidence high
sentiment negative
materiality 0.60
Change Agents issues $280K OID notes, amends Hudson equity line, grants warrants
Avalon GloboCare Corp.
- Issued $280K aggregate OID notes (gross $250K; $30K discount) at 7% interest, maturing 4/8/2027; prepayable at 105%.
- Issued pre-funded warrants to buy 100,000 shares at $0.0001 exercise; corrected from 1,000,000 in original filing.
- Second Amendment to Hudson Global Ventures equity purchase agreement cuts price to $2.00/share and sets put amounts of $15K-$500K based on share price tiers.
- Waivers with Dune and FirstFire for OID notes trigger warrants for 50,000 and 34,000 shares; $125K/$75K buyout fees if stockholder approval not obtained in 90 days.
- Proceeds used to repay $19,710 on Vanquish note and $19,710 on June 2025 notes; remainder for working capital.