AI Era Corp. (NASDAQ: ABQQ) reports 1,000,000-share CEO bonus grant
Rhea-AI Filing Summary
AI Era Corp. disclosed that on December 24, 2025, its sole director and Chief Executive Officer, Chiyuan Deng, approved his own bonus compensation. The company agreed to grant him 1,000,000 shares of common stock as a bonus for his service as CEO.
The shares were issued in a private, unregistered offering that the company states qualified for exemption from registration under Section 4(a)(2) and/or Regulation D of the Securities Act. The company explains that the transaction did not involve a public offering, involved a limited number of investors, and that the recipients accepted restricted securities bearing a Rule 144 legend, which limits immediate resale into the market.
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FAQ
What executive compensation change did ABQQ report in this 8-K filing?
The company reported that on December 24, 2025, its sole director and Chief Executive Officer, Chiyuan Deng, approved a bonus for himself consisting of 1,000,000 shares of common stock.
How many shares did ABQQ grant to its CEO as a bonus?
The company agreed to bonus 1,000,000 shares of common stock to its Chief Executive Officer, Chiyuan Deng, as compensation for his service.
Were the new ABQQ shares issued to the CEO registered with the SEC?
No. The company states that the securities were not registered under the Securities Act, but instead relied on exemptions under Section 4(a)(2) and/or Regulation D for a private offering.
Why does ABQQ believe the CEO share bonus qualified for a registration exemption?
The company cites a limited number of persons involved, the size and manner of the offering, and that investors received restricted securities bearing a Rule 144 legend, which it states means the transaction did not constitute a public offering under Section 4(a)(2).
What restrictions apply to the ABQQ shares granted as a CEO bonus?
The company states that the recipients agreed to receive securities bearing a restrictive legend under Rule 144 of the Securities Act, indicating the shares are restricted securities and not immediately freely tradable in the public market.
Which SEC items does this ABQQ 8-K filing address?
The filing covers Item 3.02 (Unregistered Sales of Equity Securities) and Item 5.02 (Departure or Appointment of Directors or Certain Officers; Compensatory Arrangements of Certain Officers), focusing on the CEO’s stock bonus.