SCHEDULE: Intracoastal Capital Reports 4.99% Stake in Change Agents Corp.

Intracoastal Capital LLC, along with individuals Mitchell P. Kopin and Daniel B. Asher, has filed a Schedule 13G, reporting beneficial ownership of 632,752 shares of Change Agents Corporation's common stock, representing 4.99% of the outstanding shares.

Summary

• The filing is a Schedule 13G amendment reporting beneficial ownership of Change Agents Corporation's common stock.
• Reporting Persons include Mitchell P. Kopin, Daniel B. Asher, and Intracoastal Capital LLC.
• As of June 30, 2026, the Reporting Persons collectively beneficially owned 632,752 shares of common stock.
• This ownership represents 4.99% of the outstanding common stock, based on 12,047,651 shares outstanding as of May 11, 2026.
• The reported shares are primarily issuable upon exercise of warrants held by Intracoastal Capital LLC.
• A blocker provision on one warrant limits exercise to maintain beneficial ownership below 4.99%.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this filing as neutral to slightly negative, as it primarily reports a passive ownership stake below the threshold that typically triggers significant market reaction. The presence of warrants and blocker provisions suggests a strategic, but not controlling, investment.

Positives

• Reporting Persons hold a significant, though passive, stake in the company.
• The ownership percentage is just under the 5% threshold, indicating a strategic, non-controlling investment.

Negatives

• The filing indicates a passive investment rather than an active engagement or control position.
• The presence of a blocker provision on warrants suggests limitations on potential future ownership increases.

Risks

• The blocker provision on Intracoastal Warrant 2 limits the ability to increase beneficial ownership beyond 4.99%, potentially capping upside participation.
• Future exercise of warrants could be subject to market conditions and the company's stock performance.

Future Outlook

The filing does not contain specific forward-looking statements or guidance from the company. The future outlook for the Reporting Persons' stake is contingent on the exercise of warrants and the company's performance.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."
• "After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct."

Industry Context

StockSavvy.ai notes that Schedule 13G filings typically indicate passive institutional or individual investment. The 4.99% ownership threshold is a common point for investors to approach without triggering the more stringent Schedule 13D filing requirements, which are associated with active control or influence.

Stakeholder Impact

• Shareholders: The filing confirms a significant passive investor, which may be viewed neutrally or positively depending on the investor's reputation and strategy.
• Management: The passive nature of the stake suggests no immediate intent to influence control or strategy, which is typical for a 13G filer.

Next Steps

• The Reporting Persons will continue to hold their shares and warrants.
• Future actions may depend on the performance of Change Agents Corporation and market conditions.
• The blocker provision may limit future increases in beneficial ownership.

Key Dates

Keywords

Schedule 13G, Beneficial Ownership, Warrants, Change Agents Corporation, Intracoastal Capital LLC, Passive Investment, SEC Filing