Avalon GloboCare (US:ALBT) Globenewswire·2025-12-15 13:30Core Viewpoint - Avalon GloboCare Corp. has acquired RPM Interactive, enhancing its capabilities in generative AI and addressing Nasdaq listing requirements [1][2] Group 1: Acquisition Details - The acquisition of RPM Interactive was executed as an all-stock transaction, resulting in the issuance of 19,500 shares of Series E Non-Voting Convertible Preferred Stock valued at $19.5 million [2] - Each share of Series E Preferred Stock has a stated value of $1,000 and is convertible into common stock at a price of $1.50, subject to certain conditions [2] Group 2: Technology and Product Development - RPM has developed the Catch-Up Software-as-a-Service (SaaS) platform, which automates the creation of short-form video content, including sourcing clips and generating AI commentary [3][4] - The platform is designed for content creators and media companies to produce recap-style videos efficiently, without the need for manual editing or technical expertise [4] Group 3: Strategic Integration - Avalon plans to utilize the Catch-Up platform to enhance marketing efforts for its KetoAir™ product, aiming to increase audience reach and digital engagement [5][6] - The integration of RPM's technology is expected to support Avalon's long-term value creation strategy and broaden its digital marketing capabilities [6] Group 4: Leadership and Expertise - Michael Mathews, CEO of RPM, has been appointed to Avalon's Board of Directors, bringing over two decades of experience in technology and digital media [6][9] - His background includes leadership roles in performance marketing and AI-enabled content systems, which are expected to contribute to Avalon's growth strategy [9] Group 5: Future Plans - Marketing for the Catch-Up platform is set to commence immediately after the new year, indicating a proactive approach to market entry [3] - Avalon is also pursuing a merger with YOOV Group Holdings Limited, which will further enhance its capabilities in AI automation solutions [10]