AB International Group Corp (ABQQ)

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$ABQQ 8-K From Jan 29, 2024

Item 1.01 Entry into a Material Definitive Agreement.
On January 26, 2024, AB International Group Corp. (the “Company”) entered into Repurchase Agreements with six shareholders, all non-affiliates of the Company, pursuant to which the Company agreed to repurchase shares of their Common Stock, $0.001 par value, amounting to 45,173,980 shares for cancellation. The price to be paid by the Company under the Repurchase Agreements is $112,935, which will be funded with cash on hand.

The description of the Form of Share Repurchase Agreement in this report is qualified in its entirety by reference to the full text of the Repurchase Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.