Avalon GloboCare (ALBT) recently disclosed a new capital operation plan.
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The company announced that it will conduct a private equity financing with an upper limit of $9.75 million. The pricing for this issuance will strictly follow the "market price" rules of the Nasdaq Stock Exchange. This financing initiative aims to provide funding support for the company's subsequent strategic development and operational needs. By issuing at market price, the company expects to complete fundraising more efficiently in the current market environment.
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