F1 COS filed. Can I change university?

I have filed for F2 to F1 COS. Receipt date May 20,2020. My case status is still - Case Received.

Because of certain reasons, I will be unable to attend that university and would like to go for another university. I have an I-20 from the other university.

Can I submit that I-20, transfer the Sevis Fee, submit the sevis fee receipt and proceed with COS?

Otherwise, will I have to withdraw the application and file a new one?

@Anil_Gupta please advise.

I am not sure. Please consult an attorney for this situation.