other material
confidence high
sentiment neutral
materiality 0.60
Change Agents (CHGA) implements 1-for-20 reverse split to meet Nasdaq $1 bid requirement
Avalon GloboCare Corp.
- Reverse split effective 4:01 p.m. ET Aug 28, 2026; split-adjusted trading starts Aug 31 on Nasdaq under CHGA.
- Outstanding shares reduced from ~21.07M to ~1.054M; estimated public float now ~930,000 shares.
- New CUSIP 05344R401; no fractional shares issued, holders rounded up to next whole share.
- Exercise prices and shares under equity awards/warrants proportionally adjusted; no change to authorized shares.
- Goal is regaining compliance with Nasdaq minimum $1.00 bid price for continued listing.