---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-030176"
form_type: "8-K"
ticker: "AEI"
cik: "0001750106"
company_name: "Alset Inc."
filed_at: "2026-06-25T21:15:21+00:00"
generated_at: "2026-06-25T21:16:24.709687+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Alset lends DSS $1M via convertible note and warrants; requires stockholder approval

## Summary
- Alset loans $1M to DSS at 3% simple interest; note convertible at $0.45/share, matures in 5 years.
- Alset receives warrants to purchase 17,777,776 DSS shares at $0.50/share, expiring in 3 years.
- Conversion and warrant exercise require DSS stockholder approval under NYSE American rules.
- Transaction is with related party: Chan Heng Fai chairs both companies; three directors overlap.
- Alset's board and audit committee approved; conflicted directors recused from voting.

## SEC filing metadata
- accession: 0001493152-26-030176
- form_type: 8-K
- ticker: AEI
- cik: 0001750106
- company_name: Alset Inc.
- filed_at: 2026-06-25T21:15:21+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750106/000149315226030176/0001493152-26-030176-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750106/000149315226030176/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-030176
- JSON: https://secwatch.observer/filing/0001493152-26-030176.json
- Plain text: https://secwatch.observer/filing/0001493152-26-030176.txt

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