---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-015985"
form_type: "8-K"
ticker: "AEI"
cik: "0001750106"
company_name: "Alset Inc."
filed_at: "2022-06-06T23:59:59+00:00"
generated_at: "2026-06-25T04:25:37.457350+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Shareholders approve 35.3M share issuance to CEO for Alset International stake and Texas reincorporation

## Summary
- Approved issuance of 35,319,290 new common shares to Chairman/CEO Chan Heng Fai for 293,428,200 Alset International shares.
- Approved reincorporation from Delaware to Texas and name change to 'Alset Inc.'.
- Ratified Grassi & Co. as independent auditor for fiscal year 2021.
- All proposals passed with over 84% of votes cast in favor (excluding broker non-votes).

## SEC filing metadata
- accession: 0001493152-22-015985
- form_type: 8-K
- ticker: AEI
- cik: 0001750106
- company_name: Alset Inc.
- filed_at: 2022-06-06T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750106/000149315222015985/0001493152-22-015985-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750106/000149315222015985/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-015985
- JSON: https://secwatch.observer/filing/0001493152-22-015985.json
- Plain text: https://secwatch.observer/filing/0001493152-22-015985.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.