M&A - AB INTERNATIONAL GROUP CORP.

Form Type: CORRESP

Filing Date: 2025-03-10

Corporate Action: Acquisition

Type: Update

Accession Number: 000166357725000065

Filing Summary: AB International Group Corp. responded to a SEC comment letter regarding its Form 10-K for the fiscal year ended August 31, 2024. The company clarified that it is not based in the PRC or Hong Kong and does not conduct a majority of its operations there. They stated that in November 2023, they acquired copyrights for 4 movies from All In One Media Ltd. for $378,513. This acquisition constitutes a significant part of their operations, which are primarily centered in the U.S. The company emphasized that they purchase and sell some movie copyrights in Hong Kong and the PRC but that these transactions are not material enough to warrant additional disclosures as suggested by the SEC's Sample Letter to China-Based Companies.