{"url_path":"/sec/albt/8-k/2026-06-04/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-04","source_url":"https://www.sec.gov/Archives/edgar/data/1630212/0001213900-26-065318-index.html","accession_number":"0001213900-26-065318","cik":"0001630212","ticker":"ALBT","issuer_name":"Change Agents Corporation.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1630212/0001213900-26-065318-index.html","primary_entity_key":"0001630212","primary_entity_name":"Avalon GloboCare Corp."},"word_count":470,"has_tables":true,"body_markdown":"**Item 1.01 Entry into\na Material Definitive Agreement.**\n\n \n\nOn June 1, 2026 (the\n“Dune Issue Date”), Avalon Globocare Corp. (the “Company”) issued promissory note to Dune Equity Holdings\nLLC (“Dune”) in the principal amount of $250,000 (inclusive of a $50,000 original issuance discount) (the “Dune Note”)\nfor gross proceeds of $200,000. The Company intends to use the net proceeds of the Dune Note for working capital and general corporate\npurposes.\n\n \n\nThe Dune Note matures\non December 1, 20256 and has a one-time interest charge equal to 18.75% of the principal amount, or $46,875,000, payable in cash. Any\nprincipal or accrued but unpaid interest on the Dune Note which is not paid when due shall accrue interest at a rate of 10% per annum\n(the “Default Interest”). The principal amount of the Dune Note together with accrued but unpaid interest shall be paid as\nfollows: (i) $62,500 shall be paid on each of September 1, 2026, October 1, 2026 and November 1, 2026 and (ii) the total remaining balance\nof the Dune Note shall be paid on December 1, 2026.\n\n \n\nThe Company granted\nDune a “most-favored nations” provision with respect to the issuance of any debt that is not convertible into common stock\nof the Company (or amends any non-convertible debt that was issued before the Issue Date). In addition, the Company agreed to use 25%\nof the net proceeds from an issuance of equity or debt or sale of assets to repay amounts outstanding under the Dune Note.\n\n \n\nIn connection with the issuance of the Dune Note, on June 1, 2026 the\nCompany entered into a side letter (the “Sde Letter”) with Dune under which it granted Hudson Global Ventures, LLC., a three\nday right of first refusal on any Equity Line of Credit transaction for a 18-month period following execution of the Side Letter..\n\n \n\nOn June 2, 2026 (the\n“FirstFire Issue Date”), the Company issued promissory note to FirstFire Global Opportunities Fund, LLC (“FirstFire”)\nin the principal amount of $250,000 (inclusive of a $50,000 original issuance discount) (the “FirstFire Note”) for gross\nproceeds of $200,000 on the same terms and conditions of the Dune Note described above. The Company intends to use the net proceeds of\nthe FirstFire Note for working capital and general corporate purposes.\n\n \n\nThe foregoing description\nof the Dune Note and the FirstFire Note are not complete and are qualified in their entirety by reference to the full text of the form\nof Note, a copy of which is filed as Exhibit 10.1, to this report and is incorporated by reference herein. The foregoing description\nof the Side Letter is not complete and are qualified in their entirety by reference to the full text of the Side Letter, a copy of which\nis filed as Exhibit 10.2, to this report and is incorporated by reference herein."}