---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-009285"
form_type: "8-K"
ticker: "AEI"
cik: "0001750106"
company_name: "Alset Inc."
filed_at: "2023-03-28T23:59:59+00:00"
generated_at: "2026-06-17T13:07:33.142150+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Alset Inc. subsidiaries agree to sell 299 lots in Texas for total ~$16.6M

## Summary
- 150 CCM Black Oak signs agreement to sell 110 lots to Rausch Coleman for ~$6.6M.
- Separate contract with Davidson Homes to sell 189 lots for ~$10M; first 94 lots close at initial stage.
- Both deals have 30-day inspection periods; buyers may terminate for any reason.
- Seller must complete improvements prior to closing; closings are not guaranteed.
- Sales align with Alset's strategy to develop and sell lots in its real estate portfolio.

## SEC filing metadata
- accession: 0001493152-23-009285
- form_type: 8-K
- ticker: AEI
- cik: 0001750106
- company_name: Alset Inc.
- filed_at: 2023-03-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750106/000149315223009285/0001493152-23-009285-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750106/000149315223009285/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-009285
- JSON: https://secwatch.observer/filing/0001493152-23-009285.json
- Plain text: https://secwatch.observer/filing/0001493152-23-009285.txt

## Key facts
- Material Agreements
  Alset Inc. entered into Purchase and Sale Agreement with Rausch Coleman Homes Houston, LLC valued at $6,586,250 (effective 2023-03-16).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Rausch Coleman Homes Houston, LLC
  - Value: $6,586,250
  - Effective: 2023-03-16
  source text: On March 16, 2023, 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 Purchase and Sale Agreement (the “Purchase and Sale Agreement”) with Rausch Coleman Homes Houston, LLC, a Texas limited liability company (“Rausch Coleman”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750106/000149315223009285/0001493152-23-009285-index.htm
- Material Agreements
  Alset Inc. entered into Contract of Sale with Davidson Homes, LLC valued at $10,022,500 (effective 2023-03-17).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Davidson Homes, LLC
  - Value: $10,022,500
  - Effective: 2023-03-17
  source text: On March 17, 2023, the Seller entered into a Contract of Sale (the “Contract of Sale”) with Davidson Homes, LLC, an Alabama limited liability company (“Davidson Homes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750106/000149315223009285/0001493152-23-009285-index.htm

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