other material
confidence high
sentiment neutral
materiality 0.50
AB International Group raises $85,450 via Series C Preferred Stock private placement
AI Era Corp.
- Sold 98,325 Series C Preferred shares to Geneva Roth Remark Holdings for $85,450; net proceeds of $75,368 after expenses.
- Proceeds will be used for general working capital purposes.
- Preferred shares are convertible into common stock; 18,684,085 common shares reserved for conversion.
- Conversion limited to no more than 4.99% beneficial ownership by the investor.
- Closing occurred on October 21, 2021.