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SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549
____________________

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): September 25, 2023

 

AB International Group Corp.

(Exact name of registrant as specified in its charter)

 

Nevada 000-55979 37-1740351
(State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)

 

 

144 Main Street,

Mt. Kisco, NY

 

 

10549

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: (914) 202-3108

 

48 Wall Street, Suite 1009, New York, NY 10005

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[ ] Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425)
   
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act: None

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company   [ ]

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.      [ ]

 

  
 

 

Section 2 – Financial Information

 

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

 

On September 25, 2023, our sole officer and director, Mr. Chiyuan Deng, advanced $1.5 million to us for working capital purposes and to assist our company pursue its business objectives. The advance is non-interest bearing and due upon demand.

 

SECTION 8 – Other Events

 

Item 8.01 Other Events

 

On September 25, 2023, we issued a press release announcing the advance. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

 

The information in Item 8.01 of this Current Report on Form 8-K (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such a filing.

 

SECTION 9 – Financial Statements and Exhibits

 

Item 9.01 Financial Statements and Exhibits

 

99.1       Press Release, dated September 25, 2023

 

 2 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

AB International Group Corp.

 

 

/s/ Chiyuan Deng

Chiyuan Deng

Chief Executive Officer and Chief Financial Officer

Date: September 26, 2023

 

 3 
 

 

 

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MEDIA CONTACT: Amy Lou, (852) 2622 2891; yelq@abqqs.com

 

 

ABQQ Announces Received $1.5 M Free of Interest Unsecured Loan from CEO

 

NEW YORK, September 25, 2023 (X @ABIntlGroup) -- AB International Group Corp. (OTC: ABQQ), an intellectual property (IP) and movie investment and licensing firm, today announces on September 20, 2023, the Company completely received $1.5m free of interest and free of charge unsecured loan from CEO. It's the inconvertible loan and no repayment schedule. The funds purpose is use for the company continue achieving its business goals only.

 

About AB International Group Corp.

AB International Group Corp. is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual property. We are engaged to acquisition and distribution of movies. The Company engages operation movie theaters in NY into nationwide (www.abcinemasny.com). The online service will be marketed and distributed in the world under the brand name ABQQ.tv.

For additional information visit www.abqqs.com; www.abcinemasny.com and www.ABQQ.tv.

 

Forward-Looking Statements

This press release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements relating to changes to the Company's management team and statements relating to the Company's transformation, financial and operational performance including the acceleration of revenue and margins, and the Company's overall strategy. Because forward-looking statements inherently involve risks and uncertainties, actual future results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the possibility of business disruption, competitive uncertainties, and general economic and business conditions in AB International Group markets as well as the other risks detailed in company filings with the Securities and Exchange Commission. AB International Group undertakes no obligation to update any statements in this press release for changes that happen after the date of this release. ###

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Cover
Sep. 25, 2023
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Document Type 8-K
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Document Period End Date Sep. 25, 2023
Entity File Number 000-55979
Entity Registrant Name AB International Group Corp.
Entity Central Index Key 0001605331
Entity Tax Identification Number 37-1740351
Entity Incorporation, State or Country Code NV
Entity Address, Address Line One 144 Main Street
Entity Address, City or Town Mt. Kisco
Entity Address, State or Province NY
Entity Address, Postal Zip Code 10549
City Area Code (914)
Local Phone Number 202-3108
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Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false

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