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Avalon GloboCare Enters Securities Purchase Agreement

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Avalon GloboCare Enters Securities Purchase Agreement

Elevate Your Investing Strategy:

Avalon GloboCare ( (ALBT) ) has provided an update.

On June 4, 2025, Avalon GloboCare entered into a securities purchase agreement with York Sun Investment Holding Limited to sell 141,643 shares of common stock for $500,000, with the closing expected by June 6, 2025. Additionally, the company secured a waiver from Mast Hill Fund, L.P. on May 29, 2025, regarding potential cash penalties related to a previous issuance of Series C Convertible Preferred Stock, while maintaining certain dilutive issuance rights.

More about Avalon GloboCare

Avalon GloboCare Corp. is a Delaware-based company involved in the biotechnology and healthcare industry, focusing on the development of innovative cellular therapies and related technologies.

Average Trading Volume: 57,731

Technical Sentiment Signal: Sell

Current Market Cap: $6.89M

For an in-depth examination of ALBT stock, go to TipRanks’ Stock Analysis page.

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