secwatch.observer — SEC 8-K summary
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Issuer:     AI Era Corp. (AERA)
CIK:        0001605331
Form:       8-K
Filed at:   2026-01-13T23:59:59+00:00
Accession:  0001663577-26-000011
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AI Era Corp. issues $232K convertible note with 20% discount to market price
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- Principal $232,000, net proceeds $225,000 after $7,000 OID (legal & due diligence fees).
- Note matures Oct 15, 2026; 10% interest payable at maturity.
- Conversion price: 80% of lowest trading price in prior 20 days; conversion begins 180 days after issuance.
- Prepayment allowed within first 180 days at 120% of principal plus accrued interest.
- Lender's beneficial ownership capped at 4.99% (waivable to 9.99%); default triggers 150%-200% principal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1605331/000166357726000011/0001663577-26-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1605331/000166357726000011/abqq8k_010926.htm
  HTML page:      https://secwatch.observer/filing/0001663577-26-000011

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