AB INT SEC Filings

AI Era Corp. reported that Dr. Ahmad Moradi resigned as Chief Executive Officer, effective immediately on May 7, 2026. The company states his resignation was not due to any disagreement over operations, policies, or practices.

Under a Separation and Release Agreement dated May 8, 2026, Dr. Moradi will receive only accrued but unpaid base salary, a pro-rated remote-work stipend subject to documentation, and approved unreimbursed business expenses through the termination date, payable within seven days. He will not receive severance, accelerated equity vesting, consulting fees, benefits continuation, or other termination benefits. The agreement includes a mutual general release of claims, including under the Age Discrimination in Employment Act, and his reaffirmation of ongoing confidentiality, non-competition, non-solicitation, and non-disparagement obligations.

AI Era Corp. director and President Deng Chiyuan, through entity Zestv Studios Limited, made an open-market purchase of 110,000 shares of common stock at $1.01 per share.

Following this indirect transaction, Deng is shown as beneficially owning 2,635,822 shares of AI Era Corp. common stock through this holding.

AI Era Corp. director and President Deng Chiyuan, through entity Zestv Studios Limited, made an open-market purchase of 110,000 shares of common stock at $1.01 per share.

Following this indirect transaction, Deng is shown as beneficially owning 2,635,822 shares of AI Era Corp. common stock through this holding.

AI Era Corp. entered into a material financing agreement with Lambda Ventures, LLC through a convertible promissory note. The Note has an aggregate principal of $51,500.00, including a $1,500.00 original issue discount, for a cash purchase price of $50,000.00, from which $5,000.00 was withheld for the Buyer’s legal fees.

The Note bears 10% annual interest, with the first twelve months of interest earned in full as of the issue date, and matures twelve months after that date. It is unsecured and convertible into common stock at the holder’s option at 80% of the lowest traded price during the twenty trading days before conversion.

Customary default provisions allow the outstanding principal and interest to become immediately due at 150% of the outstanding amount upon an event of default. AI Era Corp. agreed to use net proceeds to fund its SaaS artificial intelligence build-out. The issuance was conducted as an unregistered offering exempt under Section 4(a)(2) and Rule 506(b).

AI Era Corp. entered into a material financing agreement with Lambda Ventures, LLC through a convertible promissory note. The Note has an aggregate principal of $51,500.00, including a $1,500.00 original issue discount, for a cash purchase price of $50,000.00, from which $5,000.00 was withheld for the Buyer’s legal fees.

The Note bears 10% annual interest, with the first twelve months of interest earned in full as of the issue date, and matures twelve months after that date. It is unsecured and convertible into common stock at the holder’s option at 80% of the lowest traded price during the twenty trading days before conversion.

Customary default provisions allow the outstanding principal and interest to become immediately due at 150% of the outstanding amount upon an event of default. AI Era Corp. agreed to use net proceeds to fund its SaaS artificial intelligence build-out. The issuance was conducted as an unregistered offering exempt under Section 4(a)(2) and Rule 506(b).

AI Era Corp. entered into a Financial Advisory Agreement with Craft Capital Management LLC to act as its exclusive U.S. financial advisor for a proposed direct listing of the Company’s equity securities on the NYSE American or another national exchange. As compensation, AI Era Corp. will pay Craft Capital a non-refundable cash fee of $570,000, including $35,000 previously paid under a prior underwriting engagement, issue approximately $300,000 in common shares based on the eventual direct listing price, and reimburse up to $150,000 of reasonable documented expenses. The new agreement includes exclusivity for U.S. listing services, a right of first refusal on certain future financings, and standard indemnification and confidentiality provisions, and it automatically terminates the earlier underwriting engagement letter. Craft Capital’s obligation to provide material listing services and earn the success fee depends on AI Era Corp. delivering a commencement notice confirming that the going concern qualification in its auditor’s report has been resolved to NYSE American’s satisfaction and that the Company is ready to begin the direct listing application process.

AI Era Corp. entered into a Financial Advisory Agreement with Craft Capital Management LLC to act as its exclusive U.S. financial advisor for a proposed direct listing of the Company’s equity securities on the NYSE American or another national exchange. As compensation, AI Era Corp. will pay Craft Capital a non-refundable cash fee of $570,000, including $35,000 previously paid under a prior underwriting engagement, issue approximately $300,000 in common shares based on the eventual direct listing price, and reimburse up to $150,000 of reasonable documented expenses. The new agreement includes exclusivity for U.S. listing services, a right of first refusal on certain future financings, and standard indemnification and confidentiality provisions, and it automatically terminates the earlier underwriting engagement letter. Craft Capital’s obligation to provide material listing services and earn the success fee depends on AI Era Corp. delivering a commencement notice confirming that the going concern qualification in its auditor’s report has been resolved to NYSE American’s satisfaction and that the Company is ready to begin the direct listing application process.

AI ERA CORP. reported sharply improved results for the three and six months ended February 28, 2026. Total revenue rose to $5.67 million for six months, up from $1.68 million a year earlier, driven mainly by licensing and AI‑related services. Net income reached $2.60 million versus $0.16 million in the prior‑year period, with basic EPS of $0.69 and diluted EPS of $0.65. The company expanded its library of short‑form drama and related IP, increasing intangible assets to $7.11 million. Despite these profits, management discloses an accumulated deficit of about $7.8 million, a working capital deficit of about $1.6 million, and substantial doubt about its ability to continue as a going concern, relying on equity lines, convertible notes and insider support for liquidity.

AI ERA CORP. reported sharply improved results for the three and six months ended February 28, 2026. Total revenue rose to $5.67 million for six months, up from $1.68 million a year earlier, driven mainly by licensing and AI‑related services. Net income reached $2.60 million versus $0.16 million in the prior‑year period, with basic EPS of $0.69 and diluted EPS of $0.65. The company expanded its library of short‑form drama and related IP, increasing intangible assets to $7.11 million. Despite these profits, management discloses an accumulated deficit of about $7.8 million, a working capital deficit of about $1.6 million, and substantial doubt about its ability to continue as a going concern, relying on equity lines, convertible notes and insider support for liquidity.

AI Era Corp. supplements its prospectus to register the resale of up to 10,100,000 shares of common stock on behalf of Monroe Street Capital Partners. The registration covers up to 10,000,000 Purchase Shares and up to 100,000 Commitment Shares. Under an Equity Purchase Agreement, the company may sell up to $30,000,000 of common stock to Monroe Capital over 24 months after effectiveness. The Purchase Shares price is the lesser of a discount to VWAP (85% or 95% if Nasdaq/NYSE) on defined dates. The company will not receive resale proceeds from Selling Stockholder sales but may receive proceeds from sales to Monroe Capital. Chiyuan Deng holds Series A Preferred giving him 51% voting power. The prospectus notes risks and states the common stock last traded at $0.2456 on April 9, 2026.

AI Era Corp. is registering the resale of up to 10,100,000 shares of common stock, consisting of up to 10,000,000 Purchase Shares and up to 100,000 Commitment Shares, in connection with an Equity Purchase Agreement with Monroe Street Capital Partners dated February 21, 2026. The company may sell up to $30,000,000 of common stock to Monroe Capital over 24 months subject to conditions. The company states it will not receive proceeds from resales by the Selling Stockholder, though it may receive gross proceeds from sales to Monroe Capital. Shares outstanding were 5,052,186 as of March 23, 2026. The prospectus discloses going-concern risks, limited cash ($11,766 as of November 30, 2025), concentrated customers, outstanding convertible instruments and warrants, and voting control by the holder of Series A preferred stock.

Era Corp. reported that its Board accepted the resignation of Chief Financial Officer Chiyuan Deng, effective at the close of business on April 7, 2026. The company stated his resignation was not due to any disagreement and that he will continue serving as President and as a director.

Effective the same date, the Board appointed Dzmitry Kastahorau, age 35, as Chief Financial Officer and as Principal Accounting and Financial Officer. He brings more than 10 years of international finance leadership experience across multiple industries and regions, including senior roles in the UAE, Spain, and Germany.

Era Corp. entered into a three‑year Employment Agreement with Kastahorau that includes a $300,000 sign‑on bonus in restricted stock at a fixed price between $0.80 and $1.00 per share, a $60,000 annual base salary, a $10,000 annual remote work stipend, options for 1,500,000 shares vesting over three years, eligibility for up to 1,000,000 additional performance‑based shares, and severance equal to 120% of remaining base salary upon certain terminations.

Era Corp. reported that its Board accepted the resignation of Chief Financial Officer Chiyuan Deng, effective at the close of business on April 7, 2026. The company stated his resignation was not due to any disagreement and that he will continue serving as President and as a director.

Effective the same date, the Board appointed Dzmitry Kastahorau, age 35, as Chief Financial Officer and as Principal Accounting and Financial Officer. He brings more than 10 years of international finance leadership experience across multiple industries and regions, including senior roles in the UAE, Spain, and Germany.

Era Corp. entered into a three‑year Employment Agreement with Kastahorau that includes a $300,000 sign‑on bonus in restricted stock at a fixed price between $0.80 and $1.00 per share, a $60,000 annual base salary, a $10,000 annual remote work stipend, options for 1,500,000 shares vesting over three years, eligibility for up to 1,000,000 additional performance‑based shares, and severance equal to 120% of remaining base salary upon certain terminations.

AI Era Corp. filed a prospectus registering the potential resale of up to 10,100,000 shares of common stock by Monroe Street Capital Partners under an equity purchase agreement. These include up to 10,000,000 Purchase Shares and 100,000 Commitment Shares tied to a $30,000,000 equity line over 24 months.

The company will not receive proceeds from Monroe’s resales, but may raise up to $30,000,000 by selling shares to Monroe at discounts to VWAP, subject to trading, pricing and ownership limits, including a 4.99% beneficial ownership cap. Shares outstanding were 5,052,186 as of March 23, 2026, so the facility could be significantly dilutive.

AI Era focuses on acquiring and licensing entertainment intellectual property and operating a single cinema in Mt. Kisco, New York. As of November 30, 2025, it held $11,766 in cash, had an accumulated deficit of about $10.0 million and a working capital deficit of about $2.6 million, and its auditors raised substantial doubt about its ability to continue as a going concern. The filing highlights heavy customer concentration, reliance on high-cost convertible notes, emerging but early-stage AI licensing revenue, and the controlling voting power of its president through super-voting preferred stock.

AI Era Corp. filed a prospectus registering the potential resale of up to 10,100,000 shares of common stock by Monroe Street Capital Partners under an equity purchase agreement. These include up to 10,000,000 Purchase Shares and 100,000 Commitment Shares tied to a $30,000,000 equity line over 24 months.

The company will not receive proceeds from Monroe’s resales, but may raise up to $30,000,000 by selling shares to Monroe at discounts to VWAP, subject to trading, pricing and ownership limits, including a 4.99% beneficial ownership cap. Shares outstanding were 5,052,186 as of March 23, 2026, so the facility could be significantly dilutive.

AI Era focuses on acquiring and licensing entertainment intellectual property and operating a single cinema in Mt. Kisco, New York. As of November 30, 2025, it held $11,766 in cash, had an accumulated deficit of about $10.0 million and a working capital deficit of about $2.6 million, and its auditors raised substantial doubt about its ability to continue as a going concern. The filing highlights heavy customer concentration, reliance on high-cost convertible notes, emerging but early-stage AI licensing revenue, and the controlling voting power of its president through super-voting preferred stock.