AI Era Corp. Issues Convertible Note to Jefferson Street Capital in Private Placement

Reuters
2026.02.06 22:01
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AI Era Corp. has issued a $77,250 convertible promissory note to Jefferson Street Capital LLC for a purchase price of $75,000. The note, with a 10% annual interest rate, matures on February 2, 2027, and can be converted into common stock at 80% of the lowest traded price in the 20 days prior to conversion. This private placement was conducted under exemptions from registration under the Securities Act, targeting accredited investors.