---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-003894"
form_type: "8-K"
ticker: "AEI"
cik: "0001750106"
company_name: "Alset Inc."
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T21:53:48.662871+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Alset prices $3.8M public offering of 1.73M shares at $2.20/share

## Summary
- Gross proceeds of $3.8M from 1,727,273 shares at $2.20/share; net proceeds ~$3.3M.
- Aegis Capital Corp. is sole book-runner; underwriter has 45-day option for up to 212,863 additional shares.
- Closing expected February 8, 2023; proceeds used for working capital.
- Offering made under effective S-3 shelf registration statement (No. 333-264234).

## SEC filing metadata
- accession: 0001493152-23-003894
- form_type: 8-K
- ticker: AEI
- cik: 0001750106
- company_name: Alset Inc.
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750106/000149315223003894/0001493152-23-003894-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750106/000149315223003894/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-003894
- JSON: https://secwatch.observer/filing/0001493152-23-003894.json
- Plain text: https://secwatch.observer/filing/0001493152-23-003894.txt

## Key facts
- Material Agreements
  Alset Inc. entered into Underwriting Agreement with Aegis Capital Corp. (effective 2023-02-06).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Aegis Capital Corp.
  - Effective: 2023-02-06
  source text: On February 6, 2023, Alset Inc. (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) in connection with an offering (the “Offering”) of its common stock, par value $0.001 per share (the “Common Stock”), with Aegis Capital Corp. (the “Underwriter”) as the underwriter, relating to an underwritten public offering of 1,727,273 shares of Common Stock at a public offering price of $2.20 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750106/000149315223003894/0001493152-23-003894-index.htm

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