secwatch.observer — SEC 8-K summary
======================================

Issuer:     HWH International Inc. (HWH)
CIK:        0001897245
Form:       8-K
Filed at:   2024-11-26T23:59:59+00:00
Accession:  0001493152-24-047843
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HWH issues 4.4M shares to majority shareholder Alset at $0.68 for $3M
---------------------------------------------------------------------

- HWH sold 4,411,764 shares to Alset Inc. at $0.68/share for total proceeds of $3,000,000.
- Alset's ownership increases from 86.6% to 88.8% of HWH's outstanding common stock.
- Chairman Chan Heng Fai is also Chairman/CEO/majority owner of Alset; three other HWH board members are Alset directors.
- Proceeds intended to support HWH's growth and development, per the company.
- Shares issued as restricted securities under Rule 506 of Regulation D.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1897245/000149315224047843/0001493152-24-047843-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1897245/000149315224047843/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-047843

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer