debt
confidence high
sentiment negative
materiality 0.70
Change Agents (CHGA) issues $336,000 in OID notes and 100,000-share pre-funded warrants
Avalon GloboCare Corp.
- On Sept. 30, 2026, Change Agents issued Second Tranche September 2026 OID Notes: $336,000 principal, $36,000 OID, $300,000 gross proceeds.
- Net proceeds repaid $125,000 of 18.75% June 2025 notes, $125,000 to a Series F holder, and $37,125 to the lead lender under the July 2026 Agile Funding loan.
- Notes mature April 30, 2027; interest is 7% and rises to 15% on default; prepayable at 105%; include MFN and no-variable-rate covenants.
- Pre-funded warrants for 100,000 shares at $0.0001; 4.99% beneficial-ownership blocker, up to 9.99% with 61 days' notice; Nasdaq 19.99% cap pending stockholder approval.
- CSO Luisa Ingargiola advanced $20,000 on Sept. 28, 2026 for an Agile Funding loan payment; repaid in October 2026. Purchaser includes C/M Capital Master Fund, LP.