The strategic partnership and equity funding agreement with Zylox-Tonbridge is likely to have a positive short-term impact on Avinger's stock price. The deal not only provides immediate financial benefits through the initial $7.5 million investment but also strengthens Avinger's balance sheet and extends its debt terms, improving its financial stability. Additionally, accessing the Greater China market could significantly enhance Avinger's growth prospects, making this news highly relevant and important to investors.