---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-015315"
form_type: "8-K"
ticker: "HWH"
cik: "0001897245"
company_name: "HWH International Inc."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:43:16.694004+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SPAC Alset Capital extends business combination deadline to Nov 2023; 6.65M shares redeemed

## Summary
- Company extended deadline to complete business combination from May 3, 2023 to November 3, 2023, with up to six one-month extensions.
- Sponsor funded first 30-day extension payment into trust account on May 3, 2023, as required per amended trust agreement.
- At special meeting on May 1, 2023, 6,648,964 shares of Class A common stock were tendered for redemption.
- Amended charter and trust agreement approved by stockholders; trust agreement amended to reflect extension mechanics.

## SEC filing metadata
- accession: 0001493152-23-015315
- form_type: 8-K
- ticker: HWH
- cik: 0001897245
- company_name: HWH International Inc.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1897245/000149315223015315/0001493152-23-015315-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1897245/000149315223015315/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-015315
- JSON: https://secwatch.observer/filing/0001493152-23-015315.json
- Plain text: https://secwatch.observer/filing/0001493152-23-015315.txt

## Key facts
- Governance Changes
  HWH International Inc.: Amended Amended and Restated Certificate of Incorporation to extend business combination deadline and expand methods to avoid penny stock rules (effective 2023-05-02).
  - Change: charter amendment
  - Effective: 2023-05-02
  source text: the Company filed an amendment to its Amended and Restated Certificate of Incorporation with the Delaware Secretary of State on May 2, 2023 (the “Charter Amendment”), to (i) give the Company the right to extend the date by which the Company has to consummate a business combination from May 3, 2023, to November 3, 2023, on a month-to-month basis, and (ii) expand the methods that the Company may employ to not become subject to the “penny stock” rules of the Securities and Exchange Commission.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1897245/000149315223015315/0001493152-23-015315-index.htm
- Material Agreements
  HWH International Inc. amended Investment Management Trust Agreement with Wilmington Trust, National Association (effective 2023-05-01).
  - Action: amendment
  - Counterparty: Wilmington Trust, National Association
  - Effective: 2023-05-01
  source text: On May 1, 2023, Alset Capital Acquisition Corp., a Delaware corporation (the “Company”) amended the Investment Management Trust Agreement (the “Trust Agreement”) with Wilmington Trust, National Association, a national banking association (“Wilmington Trust”), which was entered into on January 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1897245/000149315223015315/0001493152-23-015315-index.htm

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