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Recent Updates — CHGA

August 18, 2026View Source ↗

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.