Avalon GloboCare issues $250,000 promissory note with 18.75% interest rate
Avalon GloboCare Corp. issued a promissory note with a $250,000 principal amount and $200,000 purchase price, carrying an 18.75% one-time interest charge payable in four amortization installments through December 2026. The financing includes a $5,000 legal fee withholding and 10% default interest provision, indicating the company is raising capital with relatively high borrowing costs.
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