
Change Agents Corp. Registers 35.57M Shares for Resale
Change Agents Corporation (formerly Avalon GloboCare Corp.) filed an S-1 registration statement for the resale of up to 35,569,258 shares of common stock by various selling stockholders. The company may receive up to $10 million from the sale of Put Shares under an Equity Purchase Agreement and an additional $9,259.25 if an associated warrant is fully exercised. Recent corporate actions include a name change, the formation of a new subsidiary for drone technology, and securing new debt and equity financing totaling over $1.7 million in principal, though net proceeds were significantly lower after repayments. The company reported an accumulated deficit of $110.4 million as of March 31, 2026, and has only $200,000 in cash as of July 31, 2026, raising substantial doubt about its ability to continue as a going concern.
Key Highlights
- Registered 35,569,258 common shares for resale by selling stockholders.
- Company may receive up to $10,000,000 from Put Shares sales under ELOC Purchase Agreement.
- Name changed from Avalon GloboCare Corp. to Change Agents Corporation on July 20, 2026.
- Formed Autonomous Air Defense Systems LLC on August 4, 2026, to enter defense technology.
- Issued $500,000 in original issue discount notes and $400,000 in Series F Preferred Stock in June/July 2026.
- Obtained $825,000 business loan in July 2026, with net proceeds of $254,350.
- Reported accumulated deficit of $110.4 million as of March 31, 2026, with a going concern warning.
- Cash of $200,000 as of July 31, 2026, sufficient for only one month of operations.
Price Impact
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