---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-22-000406"
form_type: "8-K"
ticker: "AERA"
cik: "0001605331"
company_name: "AI Era Corp."
filed_at: "2022-08-02T23:59:59+00:00"
generated_at: "2026-06-24T05:56:14.079490+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 enters $1M equity line with Alumni Capital at 75% discount, issues 50M-share warrant

## Summary
- Purchase agreement allows company to sell up to $1M of common stock to Alumni Capital at 75% of lowest VWAP over prior 5 days.
- Warrant to purchase 50,000,000 shares at $0.02 per share issued as consideration for the commitment.
- Minimum purchase notice $25,000; maximum $500,000; no purchase if VWAP is at or below $0.001.
- Investor ownership is capped at 9.99% of outstanding common stock.
- Agreement expires December 31, 2022 or when $1M in shares have been purchased.

## SEC filing metadata
- accession: 0001663577-22-000406
- form_type: 8-K
- ticker: AERA
- cik: 0001605331
- company_name: AI Era Corp.
- filed_at: 2022-08-02T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1605331/000166357722000406/0001663577-22-000406-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1605331/000166357722000406/abqq8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-22-000406
- JSON: https://secwatch.observer/filing/0001663577-22-000406.json
- Plain text: https://secwatch.observer/filing/0001663577-22-000406.txt

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