0001663577-26-000109
SEC filingAI Era Corp. entered into a Financial Advisory Agreement with Craft Capital Management LLC on April 18, 2026, appointing Craft Capital as its exclusive U.S. financial advisor for a proposed direct listing on the NYSE American Exchange.
AI Era Corp. has taken a significant step toward its proposed direct listing by entering into a comprehensive Financial Advisory Agreement with Craft Capital Management LLC. The agreement establishes Craft Capital as the company's exclusive U.S. financial advisor for the listing process, which represents a material commitment to pursuing a public listing on the NYSE American Exchange. The compensation structure is substantial, involving a $570,000 cash fee (of which $35,000 was previously paid), equity compensation worth approximately $300,000 in common shares, and expense reimbursement up to $150,000, indicating the company's serious investment in securing professional advisory services for this complex transaction. A critical condition precedent requires the company to resolve the going concern qualification in its auditor's report to the satisfaction of the NYSE American before Craft Capital's material listing services commence, highlighting a key regulatory hurdle that must be addressed. The agreement's exclusivity provisions and right of first refusal for future financings give Craft Capital significant influence over the company's capital markets activities, while the termination of the prior Underwriting Engagement Letter consolidates the advisory relationship. The March 31, 2027 termination date creates a clear timeline for completing the listing process, adding urgency to the company's efforts to meet listing requirements.