secwatch.observer — SEC 8-K summary
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Issuer:     Alset Inc. (AEI)
CIK:        0001750106
Form:       8-K
Filed at:   2025-01-03T23:59:59+00:00
Accession:  0001493152-25-000290
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750106/000149315225000290/0001493152-25-000290-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750106/000149315225000290/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-000290

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