secwatch.observer — SEC 8-K summary
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Issuer:     Alset Inc. (AEI)
CIK:        0001750106
Form:       8-K
Filed at:   2022-06-06T23:59:59+00:00
Accession:  0001493152-22-015985
Event type: other_material
Sentiment:  positive
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Shareholders approve 35.3M share issuance to CEO for Alset International stake and Texas reincorporation
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750106/000149315222015985/0001493152-22-015985-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750106/000149315222015985/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-015985

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