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

Issuer:     AI Era Corp. (AERA)
CIK:        0001605331
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001663577-26-000121
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AI Era Corp. issues $51,500 convertible note to Lambda Ventures at 10% interest
-------------------------------------------------------------------------------

- Principal amount $51,500 ($1,500 OID); purchase price $50,000; buyer withheld $5,000 for legal fees.
- Note bears 10% annual interest, first 12 months guaranteed; matures 12 months from issue date.
- Convertible into common stock at 80% of lowest traded price during 20 trading days prior to conversion.
- Unsecured; default triggers acceleration at 150% of outstanding plus additional remedies.
- Net proceeds used for SaaS AI build-out; piggy-back registration rights granted to buyer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1605331/000166357726000121/0001663577-26-000121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1605331/000166357726000121/aera8k_042826.htm
  HTML page:      https://secwatch.observer/filing/0001663577-26-000121

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