tiprankstipranks
Trending News
More News >

Avalon GloboCare Announces Merger with YOOV Group

Story Highlights
Avalon GloboCare Announces Merger with YOOV Group

Confident Investing Starts Here:

The latest update is out from Avalon GloboCare ( (ALBT) ).

On April 29, 2025, Avalon GloboCare Corp. and YOOV Group Holding Limited announced the filing of a Registration Statement on Form S-4 with the SEC in connection with their proposed merger. This merger aims to create a publicly-traded company that will leverage YOOV’s AI automation solutions to optimize business operations across various industries. The merger’s completion is contingent upon stockholder approval and Nasdaq’s listing approval, and it is expected to enhance service delivery and reduce costs for organizations.

More about Avalon GloboCare

Avalon GloboCare Corp. is a commercial-stage company focused on developing and delivering precision diagnostic consumer products and advancing intellectual property in cellular therapy. The company markets the KetoAir™ breathalyzer device, registered as a Class I medical device with the U.S. Food and Drug Administration, and plans to expand its diagnostic applications. Avalon also owns and operates commercial real estate.

YTD Price Performance: 18.08%

Average Trading Volume: 85,550

Technical Sentiment Signal: Strong Buy

Current Market Cap: $6.69M

For detailed information about ALBT stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1