Avalon GloboCare Acquires RPM Interactive, Shareholders' Equity Exceeds $2.5M
Avalon GloboCare announced that it has acquired RPM Interactive in an all-stock transaction. As a result of the acquisition, the Company believes its stockholders' equity now exceeds the $2.5M minimum required for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(b)(1). Under the terms of the Agreement and Plan of Merger dated December 12, 2025 by and among the Company, Avalon Quantum AI, LLC and RPM, RPM merged with and into Avalon Quantum AI, LLC, a wholly-owned subsidiary of the company. In connection with the Merger, Avalon issued 19,500 shares of Series E Non-Voting Convertible Preferred Stock to RPM's stockholders, representing a total purchase price of $19.5 million. Each share of Series E Preferred Stock carries a stated value of $1,000 and is convertible into shares of Avalon's common stock at a $1.50 conversion price, subject to customary conditions and subject to a beneficial ownership limitation at any time of 4.99% of the number of shares issued and outstanding. The Series E Preferred Stock is only convertible from and after May 12, 2026 and any such conversion is subject to the company obtaining shareholder approval in accordance with Nasdaq Listing Rules among other limitations on conversion. Pursuant to the Merger Agreement, Michael Mathews has been appointed to Avalon's Board of Directors. The company also has a pending merger with YOOV Group Holdings Limited, a provider of advanced artificial intelligence automation solutions and currently has an S-4 registration statement on file with the Securities and Exchange Commission that was originally filed April 29, 2025.
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Avalon GloboCare (ALBT) Updates FDA Registration for KetoAir Device
- FDA Registration Update: Avalon GloboCare announced the renewal of FDA establishment registration for its KetoAir device, a handheld breathalyzer designed for ketogenic health management that provides real-time breath acetone concentration measurements, enhancing users' ability to monitor fat metabolism effectively.
- Marketing Strategy: The company plans to initiate marketing efforts for KetoAir in Q2 2026, aiming to enhance its marketing and distribution capabilities in both B2B and B2C markets through its subsidiary, Avalon Quantum AI, LLC, which is expected to expand its market presence significantly.
- Stock Performance: As of Wednesday, Avalon GloboCare's stock fell 23.64% to $0.84, trading 31.1% below its 20-day simple moving average, indicating significant bearish momentum, with a 70.51% decline over the past 12 months, positioning the stock closer to its 52-week lows.
- Technical Indicators: The RSI is at 39.65, indicating a neutral state, while the MACD is above its signal line, suggesting a potential bullish trend; this combination of indicators presents mixed momentum for the stock, prompting investors to exercise caution in their assessments.
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