Financing ·
Change Agents issues $336K OID notes to repay debt and redeem preferred stock
CHGAChange Agents Corporation.
On September 30, 2026, Change Agents Corporation issued $336,000 in aggregate principal amount of Original Issue Discount Notes (Second Tranche September 2026 OID Notes) to accredited investors for gross proceeds of $300,000. The company utilized these net proceeds to repay $125,000 under June 2025 notes, redeem $125,000 of Series F Preferred Stock, and make a $37,125 installment payment on its July 2026 Business Loan. The OID Notes mature on April 30, 2027, accrue interest at 7% per annum (increasing to 15% upon default), and include negative covenants and most-favored-nation provisions. Additionally, the company issued pre-funded warrants for 100,000 shares of common stock as an inducement for investors. Separately, Chief Strategy Officer Luisa Ingargiola advanced $20,000 to facilitate a timely loan payment on September 28, 2026, which was repaid in October 2026. Change Agents Corporation operates in the business services industry, providing corporate compliance and governance solutions.