07/29/2025 | Press release | Distributed by Public on 07/29/2025 07:00
Item 1.01. Entry into a Material Definitive Agreement.
On July 28, 2025, Avalon GloboCare Corp., a Delaware corporation (the "Company"), entered into a waiver (the "Waiver") with Mast Hill Fund, L.P. (the "Investor"), with respect to that certain senior secured promissory note originally issued by the Company to Investor on June 5, 2024 (the "Note"). The Waiver provides for an extension of the maturity date of the Note to August 31, 2025. The foregoing description of the terms of the Waiver and the transactions contemplated thereby, does not purport to be complete and is qualified in its entirety by reference to the copy of the Waiver filed hereto as Exhibit 10.1 to this Current Report on Form 8-K, and is incorporated herein by reference.