Avalon GloboCare Arranges Two $250,000 Notes for $400,000 Proceeds; Adds 18-Month ROFR on Equity Lines

Avalon GloboCare raised an aggregate $400,000 in gross proceeds through two $250,000 promissory notes (each including a $50,000 original issue discount), one with Dune Equity Holdings on Jun 1, 2026 and another with FirstFire Global Opportunities Fund on Jun 2, 2026. Both notes feature a one-time 18.75% interest charge, 10% default interest, three monthly installments of $62,500 starting September 2026, and final payment due Dec 1, 2026, with MFN and 25% proceeds sweep provisions. In a related step, the company entered a side letter with Dune granting Hudson Global Ventures a three-day right of first refusal on any Equity Line of Credit transactions for 18 months, aiming to streamline potential equity financing.

Agreement 1: Avalon GloboCare Raises $200,000 Via $250,000 Note With Dune; 18.75% One-Time Interest, Due 2026

• Agreement type: Senior unsecured promissory note with original issue discount
• Counterparty: Dune Equity Holdings
• Signed / Effective: Jun 01 2026 / Jun 01 2026
• Duration / Termination: Matures Dec 01 2026
• Reason: Bolster working capital and corporate liquidity

Agreement 2: Avalon GloboCare Secures Additional $200,000 From FirstFire on Identical $250,000 Note Terms

• Agreement type: Senior unsecured promissory note with original issue discount
• Counterparty: FirstFire Global Opportunities Fund
• Signed / Effective: Jun 02 2026 / Jun 02 2026
• Duration / Termination: Matures Dec 01 2026
• Reason: Enhance liquidity for working capital

Agreement 3: Avalon GloboCare Grants 3-Day ROFR on Equity Line Deals Under Side Letter With Dune

• Agreement type: Side letter granting three-day ROFR on equity line transactions
• Counterparty: Dune Equity Holdings
• Signed / Effective: Jun 01 2026 / Jun 01 2026
• Duration / Termination: 18 months
• Reason: Facilitate potential equity line financing

Original SEC Filing: Avalon GloboCare Corp. [ ALBT ] - 8-K - Jun. 04, 2026