Avalon Globocare Corp. Announces Sale of 141,643 Common Shares to York Sun Investment for $500,000 and Amends Series C Preferred Stock Ownership Limit

Reuters
05 Jun
Avalon Globocare Corp. Announces Sale of 141,643 Common Shares to York Sun Investment for $500,000 and Amends Series C Preferred Stock Ownership Limit

Avalon Globocare Corp. has entered into a securities purchase agreement with York Sun Investment Holding Limited, a British Virgin Islands company. Under this agreement, Avalon Globocare Corp. will issue and sell 141,643 shares of its common stock at a purchase price of $3.53 per share, totaling $500,000. Additionally, the company previously issued a senior secured promissory note in the principal amount of $2,845,000 to Mast Hill Fund, L.P.

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