secwatch.observer — SEC 8-K summary
======================================

Issuer:     Alset Inc. (AEI)
CIK:        0001750106
Form:       8-K
Filed at:   2022-07-19T23:59:59+00:00
Accession:  0001493152-22-019842
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alset EHome completes acquisition of Alset International shares from CEO in share-for-share deal
--------------------------------------------------------------------------------

- Acquired 293,428,200 ordinary shares of Alset International Ltd from Chairman/CEO Chan Heng Fai.
- Issued 35,319,290 new shares of common stock as purchase consideration.
- Transaction approved by stockholders at Special Meeting on June 6, 2022.
- Shares issued in reliance on Section 4(a)(2) exemption from registration.
- No cash involved; deal closes on July 18, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750106/000149315222019842/0001493152-22-019842-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750106/000149315222019842/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-019842

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer