secwatch.observer — SEC 8-K summary
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Issuer:     AI Era Corp. (AERA)
CIK:        0001605331
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0001663577-22-000402
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AB International Group raises $80k via Series C Convertible Preferred Stock private placement
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1605331/000166357722000402/0001663577-22-000402-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1605331/000166357722000402/abqq8k.htm
  HTML page:      https://secwatch.observer/filing/0001663577-22-000402

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer