AI Era Corp. raises $300K via two 10% convertible notes for AI build-out

AI Era Corp.

Issued $154,500 convertible notes to Monroe Street Capital and Crom Structured Opportunities, each netting $150,000 after $4,500 OID.
Notes mature in 12 months, bear 10% interest; first-year interest fully earned upfront, non-refundable.
Conversion price set at 80% of lowest VWAP over prior 20 trading days, subject to 4.99% beneficial ownership cap.
Proceeds allocated exclusively to SaaS artificial intelligence build-out; no officer or affiliate repayments allowed.
Company must reserve at least 2.5M shares or 5x fully diluted conversion shares; failure triggers default.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

AI Era Corp. incurred convertible notes of $154,500 with Crom Structured Opportunities Fund I, LP at 10% per annum maturing 12 months from its issue date.

Instrument: convertible notes
Principal: $154,500
Counterparty: Crom Structured Opportunities Fund I, LP
Rate: 10% per annum
Maturity: 12 months from its issue date
Event: incurrence

Exact text from the filing

the Company issued to Crom a convertible promissory note in the principal amount of $154,500

View on SEC.gov

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

AI Era Corp. incurred convertible notes of $154,500 with Monroe Street Capital Partners LP at 10% per annum maturing 12 months from its issue date.

Instrument: convertible notes
Principal: $154,500
Counterparty: Monroe Street Capital Partners LP
Rate: 10% per annum
Maturity: 12 months from its issue date
Event: incurrence

Exact text from the filing

the Company issued to Monroe a convertible promissory note in the principal amount of $154,500

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

AI Era Corp. entered into Crom SPA with Crom Structured Opportunities Fund I, LP valued at $154,500 (effective 2026-01-28).

Action: entry
Agreement: equity purchase
Counterparty: Crom Structured Opportunities Fund I, LP
Value: $154,500
Effective: 2026-01-28

Exact text from the filing

On January 28, 2026, the Company entered into a Securities Purchase Agreement (the “Crom SPA” and, together with the Monroe SPA, the “SPAs”) with Crom Structured Opportunities Fund I, LP (“Crom”), pursuant to which the Company issued to Crom a convertible promissory note in the principal amount of $154,500 (the “Crom Note” and, together with the Monroe Note, the “Notes”) for cash proceeds of $150,000 (reflecting $4,500 original issue discount).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

AI Era Corp. entered into Monroe SPA with Monroe Street Capital Partners LP valued at $154,500 (effective 2026-01-27).

Action: entry
Agreement: equity purchase
Counterparty: Monroe Street Capital Partners LP
Value: $154,500
Effective: 2026-01-27

Exact text from the filing

On January 27, 2026, AI Era Corp. (the “Company”) entered into a Securities Purchase Agreement (the “Monroe SPA”) with Monroe Street Capital Partners LP (“Monroe”), pursuant to which the Company issued to Monroe a convertible promissory note in the principal amount of $154,500 (the “Monroe Note”) for cash proceeds of $150,000 (reflecting $4,500 original issue discount).

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306 debt financings filed in the last 30 days. Browse all debt financings →

AI Era Corp. filing history →

Source: SEC EDGAR

accession 0001663577-26-000030

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