Alset raises ~$1.5M in registered direct offering of 1.5M shares at $1.00/share

Alset Inc.

Sold 1,500,000 shares of common stock (or pre-funded warrants) at $1.00 per share for ~$1.5M gross proceeds.
Net proceeds after fees and expenses are approximately $1.2M; proceeds for working capital and general corporate purposes.
The offering closed on January 3, 2025; Aegis Capital Corp served as exclusive placement agent.

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