Change Agents (CHGA) risk factors
Item 1A of every Change Agents Corporation 10-K on file, and what changed from one year to the next.
- FY2025 10-K risk factors
34 risks, 32 new, 53 dropped, 2 reworded since the prior year. Pivoted from biotech to AI technology following the RPM acquisition in December 2025. Incurred net losses of $17.5 million for 2025 with an accumulated deficit of $105.9 million. Terminated a proposed merger with YOOV Group Holding Limited.
Filed Mar 30, 2026 - FY2024 10-K risk factors
55 risks. Change Agents faces significant going concern doubts after incurring a 2024 net loss of $7.9 million and an accumulated deficit of $87.7 million. The pending merger with YOOV dominates risks, creating uncertainty, potential shareholder dilution to under 3%, and significant transaction costs. Operations depend heavily on real estate rental revenue in New Jersey and key personnel including Wenzhao Lu and David Jin.
Filed Mar 31, 2025