Avalon Globocare (NASDAQ: ALBT) wins approval for reverse split and share issuances

Avalon Globocare stockholders have approved several proposals, including the issuance of shares related to convertible notes and a bridge note. They also approved the exchange of Series D Preferred Stock for common shares and the issuance of restricted shares under a consulting agreement. Crucially, the board gained authority to implement a reverse stock split at a ratio between 1-for-2 and 1-for-25 without reducing authorized shares.