---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-015951"
form_type: "8-K"
ticker: "HWH"
cik: "0001897245"
company_name: "HWH International Inc."
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:16:35.634698+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# HWH secures $1M unsecured credit from majority holder Alset; replaces auditor with Grassi

## Summary
- Credit facility of up to $1M from indirect majority stockholder Alset Inc. at 3% simple interest, due April 2025.
- Advances are unsecured, general obligations; prepayment allowed without penalty.
- MaloneBailey dismissed as independent auditor; no disagreements, adverse opinions, or reportable events.
- Grassi & Co. engaged as new independent registered public accounting firm for fiscal year ending Dec 31, 2024.
- Both actions taken April 23-24, 2024, recommended by Audit Committee and approved by Board.

## SEC filing metadata
- accession: 0001493152-24-015951
- form_type: 8-K
- ticker: HWH
- cik: 0001897245
- company_name: HWH International Inc.
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1897245/000149315224015951/0001493152-24-015951-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1897245/000149315224015951/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-015951
- JSON: https://secwatch.observer/filing/0001493152-24-015951.json
- Plain text: https://secwatch.observer/filing/0001493152-24-015951.txt

## Key facts
- Auditor Changes
  HWH International Inc. engaged Grassi & Co., CPAs, P.C. as its auditor.
  - Action: engagement
  - Auditor: Grassi & Co., CPAs, P.C.
  source text: On April 23, 2024, the Company engaged Grassi & Co., CPAs, P.C. ("Grassi") as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1897245/000149315224015951/0001493152-24-015951-index.htm
- Auditor Changes
  HWH International Inc. dismissed MaloneBailey, LLP as its auditor.
  - Action: dismissal
  - Auditor: MaloneBailey, LLP
  source text: On April 23, 2024, the Company’s Board of Directors dismissed MaloneBailey, LLP ("MaloneBailey") as its independent registered public accounting firm at the recommendation of the Company’s Audit Committee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1897245/000149315224015951/0001493152-24-015951-index.htm
- Material Agreements
  HWH International Inc. entered into Credit Facility Agreement with Alset Inc. valued at up to US $1,000,000 (effective 2024-04-24).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Alset Inc.
  - Value: up to US $1,000,000
  - Effective: 2024-04-24
  source text: On April 24, 2024, HWH International Inc. (the “Company”) entered into a Credit Facility Agreement (the “Agreement”) with Alset Inc., a Texas corporation and the Company’s indirect, majority stockholder (“Alset Inc.”), pursuant to which Alset Inc. has provided the Company a line of credit facility (the “Credit Facility”) which provides a maximum, aggregate credit line of up to US $1,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1897245/000149315224015951/0001493152-24-015951-index.htm

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