---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-019330"
form_type: "8-K"
ticker: "AEI"
cik: "0001750106"
company_name: "Alset Inc."
filed_at: "2022-07-14T23:59:59+00:00"
generated_at: "2026-06-24T15:17:09.477384+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Alset EHome subsidiary assigns AMRE convertible note to DSS for 21.4M shares

## Summary
- AIL assigned a convertible promissory note from American Medical REIT to DSS in exchange for 21,366,177 shares of DSS common stock; closed July 12, 2022.
- Amendment No. 1 removed the share-count adjustment that would have triggered if closing occurred after May 15, 2022.
- Alset (including majority-owned subs) is DSS's largest stockholder; AEI's Chairman/CEO also serves as DSS Chairman (related-party transaction).
- No additional financial terms beyond the fixed share consideration were disclosed.

## SEC filing metadata
- accession: 0001493152-22-019330
- form_type: 8-K
- ticker: AEI
- cik: 0001750106
- company_name: Alset Inc.
- filed_at: 2022-07-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750106/000149315222019330/0001493152-22-019330-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750106/000149315222019330/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-019330
- JSON: https://secwatch.observer/filing/0001493152-22-019330.json
- Plain text: https://secwatch.observer/filing/0001493152-22-019330.txt

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