According to filings with the U.S. Securities and Exchange Commission, Phase Change Software is raising up to $5,040,000.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.

About Phase Change Software
Phase Change Software specializes in transforming complex mainframe COBOL applications into powerful business knowledge assistants using deterministic AI. Their flagship product, COBOL Colleague, decodes and demystifies legacy COBOL systems, extracting essential business functions and rules to provide precise information for all stakeholders. This innovative tool helps organizations analyze, maintain, integrate, and modernize their COBOL code with confidence, bridging the knowledge gap between business and technology teams. COBOL Colleague generates up-to-date documentation directly from source code, streamlines search and navigation, and visualizes business processes, ultimately accelerating onboarding, informing modernization decisions, and ensuring regulatory compliance.

To learn more about Phase Change Software, visit https://phasechange.ai/
Phase Change Software Linkedin Page: https://www.linkedin.com/company/phasechangesoftware/

Contact:
Gary Brach, Chief Executive Officer
303-586-8900
https://www.linkedin.com/in/gary-brach/

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