secwatch.observer — SEC 8-K summary
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Issuer:     Alset Inc. (AEI)
CIK:        0001750106
Form:       8-K
Filed at:   2026-03-30T23:59:59+00:00
Accession:  0001493152-26-013661
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750106/000149315226013661/0001493152-26-013661-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750106/000149315226013661/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-013661

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