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Avalon GloboCare Corp., a company specializing in computer programming services with a market capitalization of $6.42 million, has been notified of non-compliance with Nasdaq’s minimum stockholders’ equity requirement. The Nasdaq Listing Qualifications Department issued the notice on May 22, 2025, due to the company’s stockholders’ equity falling below the required minimum of $2.5 million. Avalon’s equity deficit was reported at ($3,891,270) in their March 31, 2025 quarterly report, and they also failed to meet alternative compliance standards related to market value and net income. According to InvestingPro data, the company’s current ratio of 0.19 indicates significant liquidity challenges.
Despite the notice, Avalon’s common stock, traded under the symbol (NASDAQ:ALBT), remains listed on The Nasdaq Capital Market, contingent upon meeting other continued listing requirements. Currently trading at $3.77, the stock has shown significant volatility, ranging from a 52-week low of $2.11 to a high of $21.60. The company has until Monday, July 7, 2025, to submit a plan to Nasdaq to regain compliance and may be granted an extension until Tuesday, November 18, 2025, to meet the criteria. If the plan is rejected, Avalon has the right to appeal the decision.
Avalon intends to submit a compliance plan within the designated timeframe. However, there is no guarantee that Nasdaq will accept the plan or that Avalon will be able to regain or maintain compliance with Nasdaq’s requirements in the future. InvestingPro analysis reveals several key challenges facing the company, with 11 additional insights available to subscribers.
The recent development has prompted Avalon to update its risk factors, acknowledging the potential consequences of a delisting, including reduced liquidity, increased trading costs, and adverse impacts on capital raising and business operations. Despite reporting 111.34% revenue growth in the last twelve months, InvestingPro’s Financial Health Score rates the company as WEAK (1.3/5), highlighting ongoing operational challenges. The company also noted the pending merger with YOOV Group Holding Limited, stating that the merger’s completion is subject to certain conditions, including the status of their common stock’s listing.
This information is based on Avalon GloboCare’s recent SEC filing.
In other recent news, Avalon GloboCare Corp. has announced a definitive merger agreement with YOOV Group Holding Limited, a firm specializing in AI automation solutions. This merger is expected to finalize in the third quarter of 2025, pending necessary approvals. YOOV’s AI technology has driven a 59.1% revenue increase, reporting $45.7 million for the year ending December 31, 2024. In another development, Avalon has finalized an equity interest redemption deal, selling its 40% stake in Laboratory Services MSO, LLC for $1.745 million, including an initial payment of $95,000 and subsequent monthly installments. Additionally, Avalon GloboCare secured a patent in China for its CAR-T and CAR-NK cell technology, co-developed with Arbele Limited, enhancing its intellectual property portfolio. The company also announced that Luisa Ingargiola, its Chief Financial Officer, has joined the board of Fusion Fuel Green PLC (NASDAQ:HTOO). These strategic moves are part of Avalon’s ongoing efforts to optimize its business model and strengthen its market position.
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