---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-013661"
form_type: "8-K"
ticker: "AEI"
cik: "0001750106"
company_name: "Alset Inc."
filed_at: "2026-03-30T23:59:59+00:00"
generated_at: "2026-05-15T08:24:56.354578+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Alset subsidiary AIL loans $2.45M to related party DSS via convertible note and warrants

## Summary
- Loan amount $2.45M; 3% simple interest, convertible at $0.74/share, 5-year maturity.
- Warrants for 16.55M shares at $0.93/share (25% premium to conversion price), 5-year term.
- Closing conditioned on DSS stockholder approval; related-party due to overlapping directors/CEO.
- Alset Chairman/CEO Chan Heng Fai also DSS Chairman; multiple directors recused from approval.

## SEC filing metadata
- accession: 0001493152-26-013661
- form_type: 8-K
- ticker: AEI
- cik: 0001750106
- company_name: Alset Inc.
- filed_at: 2026-03-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750106/000149315226013661/0001493152-26-013661-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750106/000149315226013661/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-013661
- JSON: https://secwatch.observer/filing/0001493152-26-013661.json
- Plain text: https://secwatch.observer/filing/0001493152-26-013661.txt

## Key facts
- Material Agreements
  Alset Inc. entered into Securities Purchase Agreement with DSS, Inc. valued at $2,450,000 (effective 2026-03-26).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: DSS, Inc.
  - Value: $2,450,000
  - Effective: 2026-03-26
  source text: On March 26, 2026, Alset International Limited (“AIL”), a majority-owned subsidiary of Alset Inc. (the “Company”) entered into a securities purchase agreement (the “SPA”) with DSS, Inc., a New York company (“DSS”) pursuant to which AIL will loan DSS $2,450,000, in exchange for a convertible promissory note (the “Note”) and warrants to purchase 16,554,055 shares of DSS common stock (the “Warrants”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750106/000149315226013661/0001493152-26-013661-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.