---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-22-000022"
form_type: "8-K"
ticker: "AERA"
cik: "0001605331"
company_name: "AI Era Corp."
filed_at: "2022-01-12T23:59:59+00:00"
generated_at: "2026-06-27T18:38:01.858541+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AB International Group restates Q2 and Q3 2021 financials; revenue overstated by $1.64M

## Summary
- Board determined to restate Q2 and Q3 2021 financials due to revenue recognition error under ASC 606.
- Royalty revenue of $697,709 (Q2) and $941,417 (Q3) from ZESTV STUDIOS agreement improperly recorded.
- Financial statements in Forms 10-Q for those periods no longer reliable until restated amendments filed.
- Restatements will be disclosed in amendments to corresponding quarterly reports as soon as practicable.

## SEC filing metadata
- accession: 0001663577-22-000022
- form_type: 8-K
- ticker: AERA
- cik: 0001605331
- company_name: AI Era Corp.
- filed_at: 2022-01-12T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1605331/000166357722000022/0001663577-22-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1605331/000166357722000022/abqq8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-22-000022
- JSON: https://secwatch.observer/filing/0001663577-22-000022.json
- Plain text: https://secwatch.observer/filing/0001663577-22-000022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.