AERA Pivots to AI, Sells Streaming Arm, Eyes Reverse Split
Ticker: AERA · Form: 10-K · Filed: Dec 1, 2025 · CIK: 1605331
| Field | Detail |
|---|---|
| Company | Ab International Group CORP. (AERA) |
| Form Type | 10-K |
| Filed Date | Dec 1, 2025 |
| Risk Level | high |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.001, $14,366, $20,648, $60,000, $100,000 |
| Sentiment | bearish |
Sentiment: bearish
Topics: AI, NFT, Reverse Stock Split, Streaming Services, Intellectual Property, Media & Entertainment, Regulatory Risk
TL;DR
**AERA is making a desperate, high-risk bet on AI and NFTs after shedding its streaming service, but the proposed reverse split and name change scream 'pump and dump' to me.**
AI Summary
AB International Group Corp. (AERA) is an intellectual property and movie investment firm that has undergone significant strategic shifts. The company sold its ABQQ.tv streaming service on January 27, 2025, and now utilizes a third-party platform for broadcasting films. As of August 31, 2025, AERA has acquired 19 movie copyrights and 2,577 short-form drama series. The company continues to operate its Mt. Kisco Theatre, incorporated as AB Cinemas NY, Inc. in May 2022, and expects increased revenue from this segment. AERA also licenses its NFT MMM platform, with a monthly fee of $50,000 from June 1, 2025, until May 31, 2026. A major strategic move includes the planned acquisition of ufilm AI IP for $300,000 cash, replacing an earlier agreement to transfer the NFT MMM IP. The company's Board approved a reverse stock split between 1-for-2,000 and 1-for-20,000 and a name change to "AI Era Corp." on June 5, 2025, both pending FINRA review. The company faces intense competition in all segments and significant regulatory risks, particularly with its emerging AI and NFT businesses.
Why It Matters
AB International Group Corp.'s strategic pivot, including the sale of its ABQQ.tv platform and the planned acquisition of ufilm AI IP, signals a significant shift towards AI-driven content creation and away from direct streaming competition with giants like Netflix. For investors, the proposed reverse stock split and name change to 'AI Era Corp.' could be an attempt to rebrand and potentially attract new capital, but also indicates a low stock price. Employees at AB Cinemas NY, Inc. will continue operations, while the broader market will watch how AERA navigates the complex and evolving regulatory landscape of AI and NFTs, potentially setting precedents for smaller players in these nascent industries. The company's ability to compete with well-resourced competitors in its various segments remains a key challenge.
Risk Assessment
Risk Level: high — The company faces high operational risks, including intense competition from major players like Netflix and Amazon in content, and an evolving, uncertain regulatory environment for NFTs and AI. The proposed reverse stock split of 1-for-2,000 to 1-for-20,000, approved on June 5, 2025, indicates a severely depressed stock price and often precedes further dilution or delisting, posing significant risk to existing shareholders.
Analyst Insight
Investors should exercise extreme caution and conduct thorough due diligence. The proposed reverse stock split and name change, coupled with the company's history of selling off assets and entering highly speculative markets like AI and NFTs, suggest a high-risk profile. Avoid until there is clear evidence of sustainable revenue growth and profitability from its new ventures.
Financial Highlights
- debt To Equity
- N/A
- revenue
- N/A
- operating Margin
- N/A
- total Assets
- N/A
- total Debt
- N/A
- net Income
- N/A
- eps
- N/A
- gross Margin
- N/A
- cash Position
- N/A
- revenue Growth
- N/A
Revenue Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| Movie and TV Drama Copyrights | N/A | N/A |
| NFT MMM Platform Licensing | N/A | N/A |
| Mt. Kisco Theatre Operations | N/A | N/A |
| Marketing and Consulting Services | N/A | N/A |
Key Numbers
- $446,067 — Aggregate market value of common equity held by non-affiliates (as of the last business day of the most recently completed second fiscal quarter)
- 8,121,266,321 — Common shares outstanding (as of November 28, 2025)
- 19 — Movie copyrights acquired (as of August 31, 2025)
- 2,577 — Series of short-form drama acquired (as of August 31, 2025)
- $50,000 — Monthly license fee for NFT MMM platform (from June 1, 2025, until May 31, 2026)
- $300,000 — Cash consideration for ufilm AI IP (agreed upon July 12, 2025)
- 1-for-2,000 — Minimum reverse stock split ratio (approved by Board on June 5, 2025)
- 1-for-20,000 — Maximum reverse stock split ratio (approved by Board on June 5, 2025)
- 8 — Number of employees (current total employees)
- 7% — Maximum fine for EU AI Act violations (of global annual revenue for high-risk AI applications)
Key Players & Entities
- AB International Group Corp. (company) — registrant
- AERA (company) — ticker symbol
- ABQQ.tv (company) — video streaming service sold on January 27, 2025
- Mt. Kisco Theatre (company) — physical movie theater operated by AB Cinemas NY, Inc.
- NFT MMM (company) — Non-Fungible Token movie and music marketplace
- AI+ Hubs Corp (company) — newly formed wholly owned subsidiary
- AIHUB Releasing, Inc. (company) — seller of ufilm AI IP
- FINRA (regulator) — reviewing reverse split and name change
- SEC (regulator) — may classify NFTs as securities
- CFTC (regulator) — may classify NFTs as commodities
FAQ
What are AB International Group Corp.'s primary business segments?
AB International Group Corp. operates in intellectual property and movie investment and licensing, NFT MMM platform licensing, and physical movie theater operations through AB Cinemas NY, Inc. The company is also planning to engage in AI-generated content production using ufilm AI IP, expected to be initiated in December 2025.
Why did AB International Group Corp. sell its ABQQ.tv streaming service?
AB International Group Corp. sold its ABQQ.tv streaming service to a third party on January 27, 2025. The filing indicates that major competitors like Netflix, Amazon, and Apple have far superior resources and brand notoriety, suggesting the company faced significant competitive challenges in the streaming market.
What is the significance of the proposed reverse stock split for AB International Group Corp.?
The Board of Directors approved a reverse stock split in a range of 1-for-2,000 to 1-for-20,000 on June 5, 2025. This action is typically taken by companies with very low stock prices to increase the per-share price, potentially to meet exchange listing requirements or improve market perception, but it does not change the company's underlying value and often signals financial distress.
How is AB International Group Corp. involved in the NFT market?
AB International Group Corp. owns and licenses its NFT MMM platform, which includes an app and website (stareastnet.io). As of June 1, 2025, the company is licensing this platform to Anyone Pictures Limited for a monthly fee of $50,000 until May 31, 2026.
What are the regulatory risks associated with AB International Group Corp.'s AI initiatives?
The planned AI-generated content production through ufilm AI IP faces emerging regulations, including potential federal AI regulations in the U.S. and the EU Artificial Intelligence Act, which could classify content generation as high-risk. Non-compliance could lead to restrictions, fines up to 7% of global annual revenue, or intellectual property disputes if AI inadvertently uses copyrighted material.
What is the current status of AB International Group Corp.'s name change?
On June 5, 2025, the Board of Directors approved changing the company's name from "AB International Group Corp." to "AI Era Corp." This name change is subject to review by FINRA and receipt of a market effective date.
How many movie copyrights does AB International Group Corp. own?
As of August 31, 2025, AB International Group Corp. has acquired 19 movie copyrights and broadcast rights, along with 75 episodes of TV drama and sitcom, a 20-episode TV drama, a 10-episode TV drama, and 2,577 series of short-form drama.
What are the competitive challenges for AB International Group Corp.'s movie theater business?
The Mt. Kisco Theatre faces intense competition from other exhibitors and alternative forms of entertainment. Risks include declining attendance trends post-pandemic, increased use of alternative film delivery methods, shrinking exclusive theatrical release windows, and rising costs for theater upgrades to remain competitive.
What was the initial and amended agreement for the ufilm AI IP acquisition?
Initially, on May 5, 2025, AB International Group Corp. agreed to acquire a license to ufilm AI IP for $2,000,000, with $500,000 cash and the remainder after SaaS system testing. On June 2, 2025, the terms were amended to transfer the NFT MMM intellectual property as full settlement. However, on July 12, 2025, the terms were further modified, and the company agreed to acquire all rights for a cash consideration of $300,000, replacing the NFT MMM IP transfer.
What are the implications of the company being a 'smaller reporting company'?
As a smaller reporting company, AB International Group Corp. is subject to scaled disclosure requirements, which can result in less detailed financial and operational information compared to larger filers. This status also affects certain compliance obligations, such as the attestation to management's assessment of internal control over financial reporting under Sarbanes-Oxley Act Section 404(b), which it is not required to file.
Risk Factors
- EU AI Act Violations [high — regulatory]: The company faces significant regulatory risks, particularly with its emerging AI businesses. Violations of the EU AI Act could result in fines up to 7% of global annual revenue for high-risk AI applications.
- Intense Competition [medium — market]: AERA operates in segments with intense competition, including intellectual property licensing, movie investment, and physical theatre operations. This competitive landscape could pressure revenue and profitability.
- Reliance on Third-Party Platforms [medium — operational]: The company has transitioned to utilizing a third-party platform for broadcasting films after selling its ABQQ.tv streaming service. Dependence on external platforms introduces operational risks related to service availability and terms.
- NFT and Emerging Technology Risks [medium — regulatory]: The licensing of its NFT MMM platform and involvement in AI technologies expose AERA to evolving regulatory frameworks and potential compliance challenges associated with these nascent industries.
- Reverse Stock Split Impact [medium — financial]: The approved reverse stock split (1-for-2,000 to 1-for-20,000) is pending FINRA review and could significantly alter the share structure, potentially impacting market perception and liquidity.
- Lease Agreement Default [low — legal]: The lease agreement for the Mt. Kisco Theatre contains provisions allowing the Landlord to terminate the lease upon a default by the Company, posing a risk to the theatre's operations.
Industry Context
AB International Group Corp. operates in the highly competitive intellectual property and media investment sectors. The company's strategy involves acquiring and licensing movie copyrights and TV dramas, while also exploring emerging areas like NFT platforms and AI. The physical movie theatre segment faces challenges from evolving consumer viewing habits and competition from digital streaming services.
Regulatory Implications
AERA faces significant regulatory scrutiny, particularly concerning its AI and NFT businesses. The EU AI Act poses a substantial risk with potential fines of up to 7% of global annual revenue for high-risk AI applications. Compliance with evolving regulations in these nascent technological fields is critical.
What Investors Should Do
- Monitor FINRA approval of reverse stock split and name change
- Assess revenue diversification and growth drivers
- Evaluate AI and NFT business strategy and regulatory compliance
- Analyze competitive pressures in all business segments
Key Dates
- 2025-01-27: Sale of ABQQ.tv streaming service — Marks a strategic shift away from direct-to-consumer streaming towards utilizing third-party platforms for film broadcasting.
- 2025-03-01: Transition to third-party broadcasting platform — Indicates a change in the company's distribution strategy for its film content.
- 2025-06-01: NFT MMM platform licensing begins — Commencement of a new revenue stream from licensing the NFT platform for a defined period.
- 2025-06-05: Board approval of reverse stock split and name change — Significant corporate actions pending regulatory approval that could impact share structure and corporate identity.
- 2025-07-12: Agreement to acquire ufilm AI IP — A strategic acquisition aimed at bolstering the company's AI intellectual property portfolio.
- 2025-08-31: Acquisition of 19 movie copyrights and 2,577 short-form drama series — Demonstrates continued investment in expanding the company's content library.
Glossary
- Intellectual Property (IP)
- Intangible assets such as copyrights, patents, trademarks, and trade secrets that are legally protected. (AERA's core business revolves around acquiring, developing, and licensing intellectual property, particularly in the movie and TV content space.)
- NFT
- Non-Fungible Token, a unique digital asset that represents ownership of a specific item, often used for digital art, collectibles, and in-game items. (AERA licenses its NFT MMM platform, indicating involvement in blockchain and digital asset markets.)
- Reverse Stock Split
- A corporate action where a company reduces the number of its outstanding shares by consolidating them, typically to increase the per-share market price. (AERA's board approved a significant reverse stock split, pending FINRA review, which will alter its share structure.)
- Copyright
- A legal right granted to the creator of original works of authorship, including literary, dramatic, musical, and certain other intellectual works. (AERA's business involves acquiring and licensing movie copyrights as a primary revenue source.)
- Short-form drama series
- A series of dramatic episodes that are significantly shorter in duration than traditional television series. (AERA has acquired a substantial number of short-form drama series, indicating a focus on this content format.)
Year-Over-Year Comparison
Information comparing key metrics to the previous year, such as revenue growth, margin changes, and new risks, is not available in the provided text. The filing focuses on the current period's activities and strategic shifts, including the sale of ABQQ.tv and the planned reverse stock split and name change.
Filing Stats: 4,479 words · 18 min read · ~15 pages · Grade level 14 · Accepted 2025-12-01 15:58:30
Key Financial Figures
- $0.001 — e Exchange Act: Common Stock, par value $0.001 per share Indicate by check mark if t
- $14,366 — rent period. The total monthly rent was $14,366 for the first two years, and $20,648 fo
- $20,648 — as $14,366 for the first two years, and $20,648 for the third year including real estat
- $60,000 — t 19, 2023 for a monthly license fee of $60,000. Pursuant to the agreement, we also cha
- $100,000 — mentation service and consulting fee of $100,000. Subsequent to the license renewal on N
- $57,000 — r 31, 2025 for a monthly license fee of $57,000. The agreement was terminated on Januar
- $50,000 — y 31, 2026 for a monthly license fee of $50,000. The Company retained the ownership and
- $1m — raising efforts to obtain approximately $1m in financing from outside sources. As o
- $2,000,000 — easing, Inc. for total consideration of $2,000,000. The original settlement terms required
- $500,000 — The original settlement terms required: $500,000 to be paid in cash within 10 days of th
- $1,500,000 — f the agreement date, and the remaining $1,500,000 to be settled within 10 days following
- $300,000 — asing, Inc. for a cash consideration of $300,000, replacing the originally agreed transf
Filing Documents
- abqq10k_083125.htm (10-K) — 1339KB
- ex31_1.htm (EX-31.1) — 9KB
- ex31_2.htm (EX-31.2) — 9KB
- ex32_1.htm (EX-32.1) — 4KB
- 0001663577-25-000338.txt ( ) — 5925KB
- abqq-20250831.xsd (EX-101.SCH) — 52KB
- abqq-20250831_cal.xml (EX-101.CAL) — 47KB
- abqq-20250831_def.xml (EX-101.DEF) — 198KB
- abqq-20250831_lab.xml (EX-101.LAB) — 332KB
- abqq-20250831_pre.xml (EX-101.PRE) — 286KB
- abqq10k_083125_htm.xml (XML) — 728KB
Business
Business 3 Item 1A.
Risk Factors
Risk Factors 6 Item 1B. Unresolved Staff Comments 14 Item 1C. Cybersecurity 14 Item 2.
Properties
Properties 15 Item 3. Legal Proceedings 15 Item 4. Mine Safety Disclosure 15 PART II Item 5. Market for Registrant's Common Equity and Related Stockholder Matters and Issuer Purchases of Equity Securities 16 Item 6. [Reserved] 19 Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations 19 Item 7A. Quantitative and Qualitative Disclosures About Market Risk 25 Item 8. Financial 25 Item 9. Changes In and Disagreements With Accountants on Accounting and Financial Disclosure 26 Item 9A. Controls and Procedures 26 Item 9B. Other Information 27 Item 9C. Disclosure Regarding Foreign Jurisdictions That Prevent Inspections 27 PART III Item 10. Directors, Executive Officers and Corporate Governance 28 Item 11. Executive Compensation 30 Item 12. Security 31 Item 13. Certain Relationships and Related Transactions, and Director Independence 32 Item 14. Principal Accountant Fees and Services 34 PART IV Item 15. Exhibits, Financial Statement Schedules 35 Item 16. Form 10-K Summary 37
Signatures
Signatures 2 Table of Contents PART I
Business
Item 1. Business Company Overview We are an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual property, including the acquisition and distribution of movies and TV shows. In addition to licensing and selling rights to movies and TV shows, we are also engaged in licensing our NFT MMM platform and providing technical service; running our physical movie theater in New York; and providing marketing and consulting services in the media industry. On April 22, 2020, we announced the first phase development of our video streaming service. The online service will be marketed and distributed internationally under the brand name ABQQ.tv. Our team sources dramas and films to provide video streaming service on ABQQ.tv. Our video streaming website (www.ABQQ.tv) was officially launched on December 29, 2020, and management has been sourcing dramas and films to provide video streaming service on ABQQ.tv. On January 27, 2025, the ABQQ.tv was sold to a third party. Subsequently, the Company transitioned to utilizing a third-party platform for broadcasting its films and TV dramas starting from March 2025. As of August 31, 2025, we have acquired 19 movie copyrights and broadcast rights, 75 episodes of TV drama and sitcom, a 20-episode, a 10-episode TV drama and 2,577 series of short-form drama. The purchase and sale of films and TV dramas copyrights continue to be one of the revenue streams for the Company. On October 21, 2021, the Company entered into a Lease Agreement (the "Lease") with Martabano Realty Corp. (the "Landlord"), pursuant to which the Company agreed to lease approximately 8,375 square feet of in what is known as the Mt. Kisco Theatre at 144 Main Street, Mount Kisco, New York. The term of the Lease is five years plus a free rent period. The total monthly rent was $14,366 for the first two years, and $20,648 for the third year including real estate related taxes and landlord's ins