Change Agents (ALBT) Opens $10 Million Equity Line With Hudson Global Ventures at $0.30 a Share
FREEHOLD, N.J., July 22. Change Agents Corporation (Nasdaq: ALBT) arranged a $10 million Equity Purchase Agreement with Hudson Global Ventures, LLC on July 22, 2026, according to a Form 8-K filed with the Securities and Exchange Commission. The fixed purchase price is $0.30 per share, a level the company said exceeds the Nasdaq Minimum Price as defined under Listing Rule 5635(d).
Key takeaways
- Change Agents Corporation (Nasdaq: ALBT) entered a $10 million Equity Purchase Agreement with Hudson Global Ventures, LLC on July 22, 2026, at a fixed price of $0.30 per share.
- The deal was disclosed in a Form 8-K filed with the Securities and Exchange Commission, and the $0.30 price exceeds the Nasdaq Minimum Price under Listing Rule 5635(d).
- Individual puts range from a $15,000 minimum to a cap of the lesser of $500,000 or 200% of average daily trading value, with the demandable amount scaling with the stock price.
- Change Agents issued Hudson Global Ventures a warrant to buy up to 925,925 shares at $0.01 per share, exercisable only after stockholder approval, which must be secured within 75 calendar days.
- If stockholder approval is not obtained within 75 days, Hudson Global Ventures may serve a buyout notice requiring a $250,000 cash payment within three trading days, extinguishing the warrants.
FREEHOLD, N.J., July 22. Change Agents Corporation (Nasdaq: ALBT) arranged a $10 million Equity Purchase Agreement with Hudson Global Ventures, LLC on July 22, 2026, according to a Form 8-K filed with the Securities and Exchange Commission. The fixed purchase price is $0.30 per share, a level the company said exceeds the Nasdaq Minimum Price as defined under Listing Rule 5635(d).
Draw-down mechanics and price tiers
Under the Purchase Agreement, Change Agents may require Hudson Global Ventures to buy stock in individual puts ranging from a $15,000 minimum to a cap of the lesser of $500,000 or 200% of average daily trading value. The amount the company can demand on any single put scales with the stock price. When the two-day preceding low exceeds $1.50, the applicable trading amount reaches $500,000. At the low end, a two-day closing low between $0.41 and $0.45 limits a single put to $15,000, the agreement shows.
The Commitment Period runs until Hudson Global Ventures has purchased the full $10 million, the 36-month mark is reached, Change Agents delivers written termination notice, or certain bankruptcy-related events occur.
Warrant terms and stockholder approval deadline
Change Agents also issued Hudson Global Ventures a warrant to purchase up to 925,925 shares of common stock at an exercise price of $0.01 per share. The warrant is exercisable only after stockholder approval.
Change Agents must secure that approval within 75 calendar days of the agreement. If it does not, Hudson Global Ventures may serve a buyout notice and require the company to pay $250,000 in cash within three trading days, which would extinguish the warrants entirely.
A true-up provision applies when approval is obtained on time. If the five-trading-day average closing price immediately before the approval date falls below $0.27, Change Agents must pay a True-Up Payment equal to $250,000 minus the warrants' value at that price.
Conditions on share sales
Several conditions govern Change Agents' ability to sell shares: an effective registration statement covering resale, compliance with Nasdaq shareholder approval limits, a 4.99% beneficial ownership cap on Hudson Global Ventures, DWAC eligibility, and minimum pricing requirements, the filing shows. Change Agents Corporation is incorporated in Delaware and lists its principal offices at 4400 Route 9 South, Suite 3100, Freehold, N.J. 07728.