other material
confidence high
sentiment neutral
materiality 0.50
HWH International sells 1.3M shares to majority shareholder Alset at $0.45/sh, raising $585k
HWH International Inc.
- Alset Inc. buys 1,300,000 HWH common shares at $0.45/share, total $585,000.
- Alset's ownership rises from 88.8% to 90.1% post-transaction.
- Related-party deal: HWH Chairman and three directors also hold roles at Alset.
- Shares issued as restricted securities under Rule 506 of Regulation D.