InvestmentJul 23, 2026, 05:31 PM
Avalon GloboCare Secures $10M Equity Line with Hudson Global Ventures
AI Summary
Avalon GloboCare Corp. has entered into an Equity Purchase Agreement with Hudson Global Ventures, LLC, allowing the company to sell up to $10,000,000 of its common stock over a period of up to 36 months. The shares will be purchased at a price of $0.30 per share, with individual purchase requests varying based on the stock's trading price. Additionally, the company issued a warrant for up to 925,925 shares and agreed to a Registration Rights Agreement to facilitate the resale of these securities.
Key Highlights
- Avalon GloboCare entered an Equity Purchase Agreement with Hudson Global Ventures, LLC.
- The agreement allows the company to sell up to $10,000,000 of common stock.
- The commitment period extends for up to 36 months or until the maximum amount is purchased.
- Shares will be purchased at $0.30 per share, subject to certain adjustments.
- Individual 'put' requests can range from $15,000 to $500,000, based on stock price performance.
- The company issued a warrant to the investor to purchase up to 925,925 shares of common stock.
- Stockholder approval is required for the shares underlying the warrant, with specific financial implications if not obtained or if the stock price falls below $0.27.
Price Impact
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