other material
confidence high
sentiment neutral
materiality 0.30
AB International Group sells Series C Convertible Preferred Stock for $78,500; net proceeds $69,000 for working capital
AI Era Corp.
- Sold 92,275 Series C Convertible Preferred shares to accredited investor for $78,500.
- Net proceeds $69,000 after expenses; funds for general working capital.
- Investor: Geneva Roth Remark Holdings; conversion capped at 4.99% beneficial ownership.
- Company reserved 100 million common shares for conversion of Series C Preferred.
- Certificate of Designation authorizing 1,000,000 Series C shares filed in Nevada.