{"success":true,"data":{"pressRelease":{"id":"129357","rtpr_id":"nGNX4xrm9h","ticker":"CHGA","exchange":"NASDAQ","all_tickers":["CHGA"],"title":"Change Agents Announces 1-for-20 Reverse Stock Split","author":"Globe Newswire","published_at":"2026-08-27T12:30:00.604Z","article_body":"FREEHOLD, N.J., Aug. 27, 2026 (GLOBE NEWSWIRE) -- Change Agents Corporation\n(\"Change Agents\" or the \"Company\") (Nasdaq: CHGA), a developer of agentic\nartificial intelligence (“AI”) software solutions, today announced that it\nwill implement a 1-for-20 reverse stock split of its issued common stock, par\nvalue $0.0001 (“Common Stock”), (the “Reverse Stock Split”), effective\nat 4:01 p.m. Eastern Time on August 28, 2026 (the “Effective Time”). The\nCompany’s Common Stock is expected to begin trading on a split-adjusted\nbasis when the market opens on August 31, 2026, and continue to trade on The\nNasdaq Capital Market under the symbol “CHGA.” The new CUSIP number for\nthe Common Stock will be 05344R401.\n\nThe primary goal of the Reverse Stock Split is to increase the per share\nmarket price of the Common Stock to regain compliance with the minimum $1.00\nper share bid price requirement set forth in Nasdaq’s listing rules for\ncontinued listing on the Nasdaq.\n\nAt the Effective Time, every twenty (20) shares of the Company’s Common\nStock issued and outstanding or held as treasury stock will automatically be\ncombined into one (1) share of Common Stock. No fractional shares will be\nissued in connection with the Reverse Stock Split. Any stockholder who would\notherwise be entitled to receive a fractional share will instead be entitled\nto receive one whole share of Common Stock in lieu of such fractional share.\nOnce effective, the Reverse Stock Split is expected to reduce the number of\nissued and outstanding shares of Common Stock from approximately 21.1 million\nshares to approximately 1.05 million shares, with an estimated public float of\napproximately 930,000 shares following the Reverse Stock Split. The Reverse\nStock Split will not change the number of authorized shares of the Company’s\nCommon Stock or the par value per share of the Company’s Common Stock.\n\nAs a result of the Reverse Stock Split, equitable adjustments will be made to\nthe number of shares of the Common Stock issuable upon exercise of the\nCompany’s equity awards and warrants and the number of shares issuable under\nthe Company’s equity incentive plans, as well as the applicable exercise\nprices for such equity awards and warrants, in accordance with their terms.\n\nVStock Transfer LLC is acting as transfer and exchange agent for the Reverse\nStock Split. Registered stockholders who hold shares of Common Stock in\nuncertificated form are not required to take any action to receive\npost-reverse split shares and holders of certificated shares will receive\ninstructions from the VStock Transfer LLC. Stockholders owning shares through\nan account at a brokerage firm, bank, dealer, custodian or other similar\norganization acting as nominee will have their positions automatically\nadjusted to reflect the Reverse Stock Split, subject to such broker’s\nparticular processes, and will not be required to take any action in\nconnection with the Reverse Stock Split.\n\n“The reverse stock split is an important step toward maintaining our Nasdaq\nlisting while establishing a more streamlined capital structure,\" said Meng\nLi, Change Agents’ Interim Chief Executive Officer and Chief Operating\nOfficer. “Following the split, we expect to have approximately 1.05 million\nshares outstanding and an estimated public float of approximately 930,000\nshares. We believe this structure can enhance our visibility among a broader\nuniverse of investors as we continue to execute our growth strategy.”\n\nAdditional information about the Reverse Stock Split can be found in the\nCompany’s definitive proxy statement filed with the U.S. Securities and\nExchange Commission (the “SEC”) on April 17, 2026, which is available free\nof charge at the SEC’s website at www.sec.gov, and on the Company’s\nwebsite Investor Relations at https://ir.changeagentscorp.com/.\n\nAbout Change Agents Corp.\n\nChange Agents Corp. (Nasdaq: CHGA) is an artificial intelligence software\ncompany focused on developing agentic AI applications designed to help small\nbusinesses, brands, and content creators increase revenue, improve digital\ndiscoverability, and automate content creation. The Company's current\nportfolio includes Beacon, an AI Search Optimization platform, and Catch-Up,\nan autonomous AI-powered content creation platform. Through its scalable\nSoftware-as-a-Service (SaaS) business model, Change Agents is focused on\ndelivering innovative AI solutions that create measurable customer value while\ngenerating recurring subscription revenue and long-term shareholder returns.\n\nThe Company is seeking to expand into various high growth sectors that are\nexpected to benefit from artificial intelligence.\n\nChange Agents is also distributing the KetoAir™ breathalyzer device a\nnon-invasive consumer breathalyzer that measures ketosis levels and is sold in\nNorth America, which is registered with the U.S. Food and Drug Administration\nas a Class I medical device.\n\nFor more information about Change Agents Corporation, please visit\nwww.changeagentscorp.com.\n\nForward-Looking Statements\n\nCertain statements contained in this press release are “forward-looking\nstatements” within the meaning of the federal securities laws.\nForward-looking statements are made based on our expectations and beliefs\nconcerning future events impacting the Company and therefore involve several\nrisks and uncertainties. You can identify these statements by the fact that\nthey use words such as “will”, “anticipate”, “estimate”,\n“expect”, “should”, “may”, and other words and terms of similar\nmeaning or use of future dates; however, the absence of these words or similar\nexpressions does not mean that a statement is not forward-looking.\nForward-looking statements provide current expectations of future events based\non certain assumptions and include any statement that does not directly relate\nto any historical or current fact, including statements regarding the\nCompany’s commercialization, distribution and sales of its products and the\nproduct’s ability to compete with other similar products. Actual results may\ndiffer materially from those indicated by such forward-looking statements as a\nresult of various important factors as disclosed in our filings with the SEC,\naccessible through the SEC’s website (http://www.sec.gov), including our\nmost recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and\nCurrent Reports on Form 8-K filed or furnished with the SEC. In addition to\nthese factors, actual future performance, outcomes, and results may differ\nmaterially because of more general factors, including (without limitation)\ngeneral industry and market conditions and growth rates, economic conditions,\nand governmental and public policy changes. The forward-looking statements\nincluded in this press release represent the Company's views as of the date of\nthis press release and these views could change. The Company disclaims any\nobligation to update forward-looking statements. These forward-looking\nstatements should not be relied upon as representing the Company's views as of\nany date subsequent to the date of the press release. The contents of any\nwebsite referenced in this press release are not incorporated by reference\nherein.\n\nContact Information: \nChange Agents Corp.\nir@changeagentscorp.com\n\nInvestor Relations:\nCrescendo Communications, LLC\nTel: (212) 671-1020 Ext. 304\nCHGA@crescendo-ir.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/89fd118a-2bd4-4457-a866-aec0b2e35c92)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX4xrm9h","title":"Change Agents Announces 1-for-20 Reverse Stock Split","author":"Globe Newswire","ticker":"CHGA","created":"2026-08-27T12:30:00.604Z","tickers":["CHGA"],"exchange":"NASDAQ","article_body":"FREEHOLD, N.J., Aug. 27, 2026 (GLOBE NEWSWIRE) -- Change Agents Corporation\n(\"Change Agents\" or the \"Company\") (Nasdaq: CHGA), a developer of agentic\nartificial intelligence (“AI”) software solutions, today announced that it\nwill implement a 1-for-20 reverse stock split of its issued common stock, par\nvalue $0.0001 (“Common Stock”), (the “Reverse Stock Split”), effective\nat 4:01 p.m. Eastern Time on August 28, 2026 (the “Effective Time”). The\nCompany’s Common Stock is expected to begin trading on a split-adjusted\nbasis when the market opens on August 31, 2026, and continue to trade on The\nNasdaq Capital Market under the symbol “CHGA.” The new CUSIP number for\nthe Common Stock will be 05344R401.\n\nThe primary goal of the Reverse Stock Split is to increase the per share\nmarket price of the Common Stock to regain compliance with the minimum $1.00\nper share bid price requirement set forth in Nasdaq’s listing rules for\ncontinued listing on the Nasdaq.\n\nAt the Effective Time, every twenty (20) shares of the Company’s Common\nStock issued and outstanding or held as treasury stock will automatically be\ncombined into one (1) share of Common Stock. No fractional shares will be\nissued in connection with the Reverse Stock Split. Any stockholder who would\notherwise be entitled to receive a fractional share will instead be entitled\nto receive one whole share of Common Stock in lieu of such fractional share.\nOnce effective, the Reverse Stock Split is expected to reduce the number of\nissued and outstanding shares of Common Stock from approximately 21.1 million\nshares to approximately 1.05 million shares, with an estimated public float of\napproximately 930,000 shares following the Reverse Stock Split. The Reverse\nStock Split will not change the number of authorized shares of the Company’s\nCommon Stock or the par value per share of the Company’s Common Stock.\n\nAs a result of the Reverse Stock Split, equitable adjustments will be made to\nthe number of shares of the Common Stock issuable upon exercise of the\nCompany’s equity awards and warrants and the number of shares issuable under\nthe Company’s equity incentive plans, as well as the applicable exercise\nprices for such equity awards and warrants, in accordance with their terms.\n\nVStock Transfer LLC is acting as transfer and exchange agent for the Reverse\nStock Split. Registered stockholders who hold shares of Common Stock in\nuncertificated form are not required to take any action to receive\npost-reverse split shares and holders of certificated shares will receive\ninstructions from the VStock Transfer LLC. Stockholders owning shares through\nan account at a brokerage firm, bank, dealer, custodian or other similar\norganization acting as nominee will have their positions automatically\nadjusted to reflect the Reverse Stock Split, subject to such broker’s\nparticular processes, and will not be required to take any action in\nconnection with the Reverse Stock Split.\n\n“The reverse stock split is an important step toward maintaining our Nasdaq\nlisting while establishing a more streamlined capital structure,\" said Meng\nLi, Change Agents’ Interim Chief Executive Officer and Chief Operating\nOfficer. “Following the split, we expect to have approximately 1.05 million\nshares outstanding and an estimated public float of approximately 930,000\nshares. We believe this structure can enhance our visibility among a broader\nuniverse of investors as we continue to execute our growth strategy.”\n\nAdditional information about the Reverse Stock Split can be found in the\nCompany’s definitive proxy statement filed with the U.S. Securities and\nExchange Commission (the “SEC”) on April 17, 2026, which is available free\nof charge at the SEC’s website at www.sec.gov, and on the Company’s\nwebsite Investor Relations at https://ir.changeagentscorp.com/.\n\nAbout Change Agents Corp.\n\nChange Agents Corp. (Nasdaq: CHGA) is an artificial intelligence software\ncompany focused on developing agentic AI applications designed to help small\nbusinesses, brands, and content creators increase revenue, improve digital\ndiscoverability, and automate content creation. The Company's current\nportfolio includes Beacon, an AI Search Optimization platform, and Catch-Up,\nan autonomous AI-powered content creation platform. Through its scalable\nSoftware-as-a-Service (SaaS) business model, Change Agents is focused on\ndelivering innovative AI solutions that create measurable customer value while\ngenerating recurring subscription revenue and long-term shareholder returns.\n\nThe Company is seeking to expand into various high growth sectors that are\nexpected to benefit from artificial intelligence.\n\nChange Agents is also distributing the KetoAir™ breathalyzer device a\nnon-invasive consumer breathalyzer that measures ketosis levels and is sold in\nNorth America, which is registered with the U.S. Food and Drug Administration\nas a Class I medical device.\n\nFor more information about Change Agents Corporation, please visit\nwww.changeagentscorp.com.\n\nForward-Looking Statements\n\nCertain statements contained in this press release are “forward-looking\nstatements” within the meaning of the federal securities laws.\nForward-looking statements are made based on our expectations and beliefs\nconcerning future events impacting the Company and therefore involve several\nrisks and uncertainties. You can identify these statements by the fact that\nthey use words such as “will”, “anticipate”, “estimate”,\n“expect”, “should”, “may”, and other words and terms of similar\nmeaning or use of future dates; however, the absence of these words or similar\nexpressions does not mean that a statement is not forward-looking.\nForward-looking statements provide current expectations of future events based\non certain assumptions and include any statement that does not directly relate\nto any historical or current fact, including statements regarding the\nCompany’s commercialization, distribution and sales of its products and the\nproduct’s ability to compete with other similar products. Actual results may\ndiffer materially from those indicated by such forward-looking statements as a\nresult of various important factors as disclosed in our filings with the SEC,\naccessible through the SEC’s website (http://www.sec.gov), including our\nmost recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and\nCurrent Reports on Form 8-K filed or furnished with the SEC. In addition to\nthese factors, actual future performance, outcomes, and results may differ\nmaterially because of more general factors, including (without limitation)\ngeneral industry and market conditions and growth rates, economic conditions,\nand governmental and public policy changes. The forward-looking statements\nincluded in this press release represent the Company's views as of the date of\nthis press release and these views could change. The Company disclaims any\nobligation to update forward-looking statements. These forward-looking\nstatements should not be relied upon as representing the Company's views as of\nany date subsequent to the date of the press release. The contents of any\nwebsite referenced in this press release are not incorporated by reference\nherein.\n\nContact Information: \nChange Agents Corp.\nir@changeagentscorp.com\n\nInvestor Relations:\nCrescendo Communications, LLC\nTel: (212) 671-1020 Ext. 304\nCHGA@crescendo-ir.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/89fd118a-2bd4-4457-a866-aec0b2e35c92)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-27T12:30:00.652298397Z","server_sent_at_ms":1787833800652},"received_at":"2026-08-27T12:30:00.701Z","source_url":"https://www.globenewswire.com/news-release/2026/08/27/3352004/0/en/change-agents-announces-1-for-20-reverse-stock-split.html"},"analysis":{"id":"118271","press_release_id":"129357","analysis_json":{"industry":{"label":"Software","sector":"Information Technology"},"redFlags":["Reverse split implemented to regain compliance with Nasdaq minimum bid price","High reduction ratio of 1-for-20"],"eventType":"reverse_split","narrative":"Change Agents announced a 1-for-20 reverse stock split effective August 28, 2026, to regain compliance with Nasdaq’s $1.00 minimum bid price requirement.\n\nThe split will reduce outstanding shares from approximately 21.1 million to 1.05 million, with trading on a split-adjusted basis expected to begin on August 31.\n\nInterim CEO Meng Li stated the move is designed to maintain the company’s Nasdaq listing while establishing a more streamlined capital structure.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"Compliance-driven 1-for-20 reverse split executed to avoid delisting."},"keyFigures":{"customDimensions":{"public_float_post":"930,000","reverse_split_ratio":"1-for-20","shares_outstanding_pre":"21.1 million","shares_outstanding_post":"1.05 million"}},"quotedText":"The reverse stock split is an important step toward maintaining our Nasdaq listing while establishing a more streamlined capital structure","namedEntities":{"people":[{"name":"Meng Li","role":"Interim Chief Executive Officer and Chief Operating Officer"}],"products":["Beacon","Catch-Up","KetoAir™"],"companies":[{"name":"Change Agents Corp.","ticker":"CHGA"},{"name":"VStock Transfer LLC","relationship":"transfer agent"},{"name":"Crescendo Communications, LLC","relationship":"investor relations"}],"dollarAmounts":[{"amount":"$1.00","context":"Nasdaq minimum bid price requirement"}]},"materialImpact":{"score":4,"reasoning":"1-for-20 reverse split implemented to regain compliance with Nasdaq's $1.00 minimum bid price requirement. The high reduction ratio signals significant prior price depression and listing compliance risk."},"tickerRelevance":{"others":[],"primary":"CHGA"},"globalImportance":10,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"listing_compliance"}},"event_type":"reverse_split","event_type_secondary":null,"sentiment":"bearish","material_impact_score":4,"narrative":"Change Agents announced a 1-for-20 reverse stock split effective August 28, 2026, to regain compliance with Nasdaq’s $1.00 minimum bid price requirement.\n\nThe split will reduce outstanding shares from approximately 21.1 million to 1.05 million, with trading on a split-adjusted basis expected to begin on August 31.\n\nInterim CEO Meng Li stated the move is designed to maintain the company’s Nasdaq listing while establishing a more streamlined capital structure.","key_figures":{"customDimensions":{"public_float_post":"930,000","reverse_split_ratio":"1-for-20","shares_outstanding_pre":"21.1 million","shares_outstanding_post":"1.05 million"}},"named_entities":{"people":[{"name":"Meng Li","role":"Interim Chief Executive Officer and Chief Operating Officer"}],"products":["Beacon","Catch-Up","KetoAir™"],"companies":[{"name":"Change Agents Corp.","ticker":"CHGA"},{"name":"VStock Transfer LLC","relationship":"transfer agent"},{"name":"Crescendo Communications, LLC","relationship":"investor relations"}],"dollarAmounts":[{"amount":"$1.00","context":"Nasdaq minimum bid price requirement"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-27T13:34:59.910Z","global_importance":10,"audience_relevance":10,"importance_components":{"tickerTier":"micro-cap","eventGravity":"listing_compliance"}},"durationMs":null,"modelName":"glm-4.7"}}