---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-030367"
form_type: "8-K"
ticker: "AEI"
cik: "0001750106"
company_name: "Alset Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T09:34:31.980770+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Alset subsidiary agrees to sell ~242 residential lots in Texas for ~$12.9M

## Summary
- Seller (150 CCM Black Oak Ltd., Alset subsidiary) enters agreement with Century Land Holdings to sell 242 single-family lots at Lakes at Black Oak.
- Aggregate purchase price and community enhancement fees anticipated total $12.881M, subject to lot count adjustments.
- Closing in stages: first 132 lots by Dec 2022, remainder through 2023; buyer has 30-day inspection period.
- Seller must develop and improve property per development plans prior to closings; part of Alset's multi-pronged real estate strategy.

## SEC filing metadata
- accession: 0001493152-22-030367
- form_type: 8-K
- ticker: AEI
- cik: 0001750106
- company_name: Alset Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750106/000149315222030367/0001493152-22-030367-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750106/000149315222030367/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-030367
- JSON: https://secwatch.observer/filing/0001493152-22-030367.json
- Plain text: https://secwatch.observer/filing/0001493152-22-030367.txt

## Key facts
- Material Agreements
  Alset Inc. entered into Contract for Purchase and Sale and Escrow Instructions with Century Land Holdings of Texas, LLC valued at $12,881,000 (effective 2022-10-28).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Century Land Holdings of Texas, LLC
  - Value: $12,881,000
  - Effective: 2022-10-28
  source text: On October 28, 2022, 150 CCM Black Oak Ltd. (the “Seller”), a Texas Limited Partnership and an indirect, majority-owned subsidiary of Alset Inc. (the “Company”), entered into a Contract for Purchase and Sale and Escrow Instructions (the “Agreement”) with Century Land Holdings of Texas, LLC, a Colorado limited liability company (the “Buyer”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750106/000149315222030367/0001493152-22-030367-index.htm

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