secwatch.observer — SEC 8-K summary
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Issuer:     Alset Inc. (AEI)
CIK:        0001750106
Form:       8-K
Filed at:   2024-12-16T23:59:59+00:00
Accession:  0001493152-24-050258
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alset Inc. agrees to buy 820,597 shares of DSS, Inc. for $800K in related-party deal
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- Alset to purchase 820,597 newly issued DSS common shares at $0.9749/share, total $800,000.
- DSS is a related party: Alset is its largest shareholder; Alset's Chairman/CEO is Executive Chairman of DSS.
- Transaction exempt from SEC registration under Section 4(a)(2) and Rule 506(b).
- Closing requires satisfaction of conditions including NYSE authorization if applicable.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750106/000149315224050258/0001493152-24-050258-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750106/000149315224050258/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-050258

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