On March 30, 2026, Avalon GloboCare Corp. conducted a special meeting of stockholders to vote on several significant proposals. A total of 2,498,866 shares of the company's common stock were represented, constituting a quorum for the meeting. The stockholders approved multiple proposals aimed at enhancing the company's capital structure and operational flexibility. Among the key approvals was the issuance of shares upon conversion of convertible promissory notes issued to accredited investors in July 2025, which aligns with Nasdaq Listing Rule 5635(d). Additionally, stockholders approved the issuance of shares related to an unsecured bridge note from December 2025 and the conversion of Series C Convertible Preferred Stock. The meeting also addressed a proposal for a reverse stock split, allowing the board to execute a split at a ratio between 1-for-2 and 1-for-25, which could help improve the stock's marketability. Overall, these decisions are expected to positively influence the company's financial position and stock performance in the near future.

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