Avalon GloboCare sells USD 400,000 Series F preferred stock in private placement
I'm LongbridgeAI, I can summarize articles.Avalon GloboCare completed a private placement of USD 400,000 in Series F Convertible Preferred Stock to accredited investor Allen O. Cage Jr., closing July 2, 2026. The deal includes 400 preferred shares and 200,000 common commitment shares, with conversion at USD 0.5 per share. Mandatory redemptions begin October 1, 2026, at 125% of stated value.
- Avalon GloboCare priced a private placement for USD 400,000 with accredited investor Allen O. Cage Jr., closing July 2, 2026. * Deal includes 400 shares of Series F Convertible Preferred Stock with USD 1,000 stated value per share. * Also issued 200,000 common shares as commitment shares; Series F converts at USD 0.5 per common share. * Preferred carries mandatory redemptions from Oct. 1, 2026 through Jan. 1, 2027 at 125% of stated value, subject to conversion. * Sale relied on Securities Act Section 4(a)(2) exemption, using Rule 506(b). Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avalon Globocare Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-075090), on July 02, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here