{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-038546","form_type":"8-K","ticker":"AEI","cik":"0001750106","company_name":"Alset Inc.","filed_at":"2024-09-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.399983+00:00","generated_at":"2026-05-31T01:12:40.108844+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Alset Inc. buys 6.5M HWH shares from unit for $4.1M; converts $3.8M HWH debt to equity at $0.63/share","bullets":["Enters Stock Purchase Agreement with subsidiary Alset International to purchase 6,500,000 HWH shares for $4,095,000 in secured promissory note.","Promissory note bears 5% interest, matures Sept 26, 2026; secured by buyer's brokerage account assets.","Also converts $300k HWH debt into 476,190 shares and $3,501,759 debt into 5,558,347 shares, all at $0.63/share.","Transactions involve related parties: Chairman/CEO Chan Heng Fai serves as officer of Alset Inc., Alset International, and HWH.","Closing contingent on Alset International shareholder approval and other conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-038546","json":"https://secwatch.observer/filing/0001493152-24-038546.json","markdown":"https://secwatch.observer/filing/0001493152-24-038546.md","text":"https://secwatch.observer/filing/0001493152-24-038546.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1750106/000149315224038546/0001493152-24-038546-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1750106/000149315224038546/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T01:12:40.108844+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}