March 10 (Reuters) - Avalon Globocare Corp ( ALBT ):

* AVALON GLOBOCARE AND YOOV, A LEADING BUSINESS AI

AUTOMATION

SOLUTIONS PROVIDER, ENTER INTO MERGER AGREEMENT

* AVALON GLOBOCARE CORP ( ALBT ) - NEW COMBINED COMPANY TO TRADE

UNDER

NASDAQ SYMBOL 'YOOV'

* AVALON GLOBOCARE CORP ( ALBT ) - PHIL WONG TO BECOME CHAIRMAN, CEO,

AND

PRESIDENT POST-MERGER

* AVALON GLOBOCARE ( ALBT ) - AVALON EQUITYHOLDERS EXPECTED TO

COLLECTIVELY

OWN ABOUT 2.5% TO 2.2% OF COMMON STOCK OF COMBINED CO ON PRO

FORMA BASIS

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