secwatch.observer — SEC 8-K summary
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Issuer:     Alset Inc. (AEI)
CIK:        0001750106
Form:       8-K
Filed at:   2023-02-08T23:59:59+00:00
Accession:  0001493152-23-003894
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alset prices $3.8M public offering of 1.73M shares at $2.20/share
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750106/000149315223003894/0001493152-23-003894-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750106/000149315223003894/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-003894

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