other material
confidence high
sentiment neutral
materiality 0.40
AB International Group raises $80k via Series C Convertible Preferred Stock private placement
AI Era Corp.
- Sold 92,000 Series C Preferred shares at $80,000; net proceeds $70,380 after expenses.
- Buyer is Geneva Roth Remark Holdings, Inc.; conversion reserved 73,969,849 common shares.
- Proceeds to be used for general working capital purposes.
- Conversion limited to 4.99% beneficial ownership; preferred stock convertible into common.