Avalon Holdings Corp. (AWX)
AMEX AMEX Primary 
Pass On The Equity Residential And Avalon Bay Merger
Equity Residential will merge with AvalonBay in a stock-for-stock deal, forming the largest multifamily REIT. Projected merger synergies are $125M net, translating to 2–4% AFFO accretion, but dilution from incentive packages and capex may limit upside. Both EQR and AVB already operate at full scale and high multiples, making incremental cost-of-capital or operational synergies unlikely.
Avalon GloboCare unveils KetoAir breathalyzer at KetoCon 2024
Avalon GloboCare Corp (NASDAQ:ALBT) said it had successfully launched its KetoAir breathalyzer in the US at the Hack Your Health by KetoCon 2024 Conference. Avalon CEO David Jin told shareholders that the booth at the event in Austin “attracted a diverse group of potential clients and partners, including doctors, disease management companies, health and keto coaches, consumers, keto product manufacturers, and service providers interested in establishing a marketplace on our app and device.
