---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-038152"
form_type: "8-K"
ticker: "HWH"
cik: "0001897245"
company_name: "HWH International Inc."
filed_at: "2024-09-25T23:59:59+00:00"
generated_at: "2026-05-31T01:55:36.324439+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# HWH converts ~$3.8M debt into 6.03M shares, diluting existing holders by 37.2%

## Summary
- Alset Inc. converts $300,000 debt into 476,190 shares; Alset International converts $3,501,759 into 5,558,347 shares.
- Total new shares of 6,034,537 increase outstanding count by 37.2% vs. prior total.
- Conversion price fixed at $0.63 per share; shares are restricted and unregistered under the Securities Act.
- Chairman Chan Heng Fai is CEO/majority holder of both Alset entities, marking related-party transactions.
- Debt conversion reduces liabilities but heavily dilutes existing public shareholders.

## SEC filing metadata
- accession: 0001493152-24-038152
- form_type: 8-K
- ticker: HWH
- cik: 0001897245
- company_name: HWH International Inc.
- filed_at: 2024-09-25T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1897245/000149315224038152/0001493152-24-038152-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1897245/000149315224038152/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-038152
- JSON: https://secwatch.observer/filing/0001493152-24-038152.json
- Plain text: https://secwatch.observer/filing/0001493152-24-038152.txt

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