secwatch.observer — SEC 8-K summary
======================================

Issuer:     AI Era Corp. (AERA)
CIK:        0001605331
Form:       8-K
Filed at:   2026-02-24T23:59:59+00:00
Accession:  0001663577-26-000043
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AI Era Corp. enters $30M equity purchase agreement with Monroe Street Capital at discount
--------------------------------------------------------------------------------

- Company may sell up to $30M common stock to Monroe Street Capital over 24-month commitment period.
- Purchase price is lesser of 85% (or 95% if on Nasdaq/NYSE) of VWAP on prior day or lowest VWAP during valuation period.
- Company issued 100,000 commitment shares as consideration; additional tranches upon drawing $2.5M, $5M, $7.5M.
- Investor limited to 4.99% beneficial ownership; agreement prohibits competing equity lines or variable-rate transactions.
- Registration rights agreement requires filing resale registration statement within 30 days and effectiveness within 90 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1605331/000166357726000043/0001663577-26-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1605331/000166357726000043/abqq8k_022326.htm
  HTML page:      https://secwatch.observer/filing/0001663577-26-000043

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