Financing ·
On August 14, 2026, Change Agents Corporation issued promissory notes to accredited investors with an aggregate…
CHGAChange Agents Corporation.
On August 14, 2026, Change Agents Corporation issued promissory notes to accredited investors with an aggregate principal amount of $616,000 (inclusive of a $66,000 original issuance discount) for gross proceeds of $550,000. The net proceeds will be used to repay existing debt obligations totaling $343,000, including amounts owed to Vanquish Funding Group Inc., notes issued in June 2025, and a July 2024 business loan, with the remainder allocated to working capital. The notes mature on May 14, 2027, accrue interest at 7% per annum (increasing to 15% upon default), and include negative covenants and a most-favored nations provision. Additionally, the company issued pre-funded warrants to purchase 1,000,000 shares of common stock as an inducement for investors, exercisable at $0.0001 per share subject to certain ownership limitations.