Highest-materiality recent filing
Alset lends DSS $1M via convertible note and warrants; requires stockholder approval
Alset loans $1M to DSS at 3% simple interest; note convertible at $0.45/share, matures in 5 years.
Alset Inc. terminates agreement to sell Hapi Metaverse shares to HWH International for $19.9M
Alset and HWH International terminated sale of 505.3M shares of Hapi Metaverse (99.55% stake) for $19.9M.
Alset subsidiary AIL loans $2.45M to related party DSS via convertible note and warrants
Loan amount $2.45M; 3% simple interest, convertible at $0.74/share, 5-year maturity.
Alset sells 99.55% stake in Hapi Metaverse to subsidiary HWH Int'l for $19.9M convertible note
Purchase price $19.9M via convertible note at $1.85/share, 1% interest, 5-year term.
Alset Inc. stockholder meeting elects all 7 director nominees and ratifies auditor
All seven director nominees elected; votes ranged from 35.5M to 37.2M for, broker non-votes 214,515.
Alset Inc. boosts stock repurchase program by $1M; bought back ~$392K previously
Board approved additional $1M share repurchase authorization; program runs through Dec 31, 2025.
Alset closes $83M purchase of NEAPI from Chan; issues 27.7M shares on note conversion
Completed purchase of all NEAPI shares for $83M convertible note; Chan converted note into 27,666,667 shares at $3.00 per share.
Alset Inc. regains Nasdaq minimum bid price compliance
Nasdaq notified Alset on July 17, 2025 that it meets the $1 minimum bid price requirement.
Alset Inc. dismisses Grassi & Co., appoints HTL International as new auditor
Dismissed Grassi & Co. as independent auditor on July 2, 2025; no adverse opinions or disagreements in FY2023/2024 audits.
Alset Inc. authorizes $1M stock repurchase program through Dec 31, 2025
Board authorized up to $1,000,000 in common stock repurchases; program expires Dec 31, 2025 or when fully utilized.
Alset enters $83M deal to acquire electric-vehicle stake from Chairman
Purchase price of $83M via 5-year convertible note at $3.00/share, 1% interest.
Alset receives Nasdaq delisting notice for bid price below $1.00; 180-day cure period
Closing bid price below $1.00 for 30 consecutive trading days; fails Minimum Bid Price Requirement under Nasdaq Rule 5550(a)(2).
Alset amends acquisition of New Energy Asia Pacific to $83M via convertible note
Amended term sheet reduces purchase price from $103.75M to $83M for all shares of NEAPI.
Alset awards Chairman/CEO Chan Heng Fai 1M restricted shares with one-year lockup
1,000,000 restricted shares granted to CEO Chan Heng Fai on April 15, 2025.
Alset raises ~$1.5M in registered direct offering of 1.5M shares at $1.00/share
Sold 1,500,000 shares of common stock (or pre-funded warrants) at $1.00 per share for ~$1.5M gross proceeds.
Alset Inc. agrees to buy 820,597 shares of DSS, Inc. for $800K in related-party deal
Alset to purchase 820,597 newly issued DSS common shares at $0.9749/share, total $800,000.
Alset Inc. elects seven directors and ratifies Grassi & Co. as auditor at annual meeting
Chan Heng Fai re-elected with 6,414,931 For and 10,211 Withheld; broker non-votes 960,407.
Alset buys $3M HWH shares at $0.68, raising stake from 86.6% to 88.8%
Purchased 4,411,764 HWH common shares at $0.68/share, total consideration $3M.
Alset closes purchase of 6.5M HWH International shares from subsidiary for $4.095M note
Purchased 6,500,000 shares of HWH International Inc. for a $4,095,000 secured promissory note.
Alset subsidiary closes sale of 72 residential lots for ~$3.9M
Sale closed October 10, 2024, for 72 lots in Lakes at Black Oak, Magnolia, TX.
Enters Stock Purchase Agreement with subsidiary Alset International to purchase 6,500,000 HWH shares for $4,095,000 in secured promissory note.
Alset Inc. to acquire 13.9% of DSS Inc. from CEO in stock-for-stock deal
Alset (AEI) will buy 982,303 DSS shares (13.9% of outstanding) from CEO Chan Heng Fai and Heng Fai Holdings.
Alset Inc. receives Nasdaq bid-price deficiency notice; 180-day cure period
Received Nasdaq notice on April 15, 2024; bid price below $1 for 30 straight business days.
Alset COO Anthony Chan resigns March 10, remains consultant
Anthony S. Chan resigned as COO on March 10, 2024, for personal reasons; no disagreement with company.
Alset Inc. completes business combination between Alset Capital and HWH International
Merger closed Jan 9, 2024: HWH merges into Alset Capital, which renamed to HWH International Inc.
Alset Inc. stockholders reject reincorporation to Nevada and name change at 2023 annual meeting
Seven director nominees elected with strong support (over 5.5M for each).
Alset Inc. to acquire 41.5% EV distributor stake via $103.75M convertible note from Chairman
Alset (AEI) entered binding term sheet to buy NEAPI for $103.75M in a convertible promissory note.
Alset Inc. subsidiary agrees to sell HWH International shares to two investors for $16M total
Alset International (85.4%-owned by Alset Inc.) sells 640 HWH International shares to each of two investors for $8M each via promissory notes.
Alset subsidiary signs agreements to sell 205 residential lots for ~$11.2M
Total consideration ~$11.17M for 142 Section 4 lots and 63 Alset Villas lots.
Alset Inc. subsidiaries agree to sell 299 lots in Texas for total ~$16.6M
150 CCM Black Oak signs agreement to sell 110 lots to Rausch Coleman for ~$6.6M.
Alset prices $3.8M public offering of 1.73M shares at $2.20/share
Gross proceeds of $3.8M from 1,727,273 shares at $2.20/share; net proceeds ~$3.3M.
Alset Inc. acquires direct ownership of 112 rental homes from subsidiary for $26.3M
Total consideration $26,250,933: $13.9M debt forgiveness, $11.35M promissory note, $1M cash.
Alset Inc. regains Nasdaq minimum bid price compliance
Received notice on January 13, 2023 from Nasdaq Staff confirming compliance with $1 minimum bid price rule.
Alset Inc. effects 1-for-20 reverse stock split effective December 28, 2022
Reverse stock split at 1:20 ratio effective December 28, 2022; par value remains $0.001 per share.
Alset Inc. to acquire 112 rental homes from subsidiary for $26.25M in internal restructuring
Will purchase 112 single-family rental homes in Texas from Alset EHome Inc. for $26,250,933.
Alset Inc. announces 1-for-20 reverse stock split effective Dec. 28, 2022
Reverse stock split at a 1:20 ratio; par value remains $0.001 per share.
Alset shareholders approve 1-for-20 reverse stock split at 2022 annual meeting
Proposal 3 passed with 102,873,012 votes for, 1,591,711 against, 21,023 abstain (7,535,926 broker non-votes).
Alset subsidiary amends lot sale agreement, reducing lots from 242 to 131
150 CCM Black Oak Ltd. (Alset subsidiary) and Century Land Holdings amended purchase contract for Lakes at Black Oak community in Magnolia, TX.
Alset subsidiary agrees to sell ~242 residential lots in Texas for ~$12.9M
Seller (150 CCM Black Oak Ltd., Alset subsidiary) enters agreement with Century Land Holdings to sell 242 single-family lots at Lakes at Black Oak.
Alset appoints three new board members including Co-CEO Chan Tung Moe
Joanne Wong Hiu Pan appointed independent director effective Oct 3, 2022; monthly compensation $1,000 plus $2,000 per meeting.
Name changed to Alset Inc. effective Oct 4, 2022; reincorporation from Delaware to Texas completed.
Alset EHome reincorporates from Delaware to Texas; effective Oct 4, 2022
Merger of Alset EHome (Delaware) into wholly owned Texas subsidiary Alset Inc., changing domicile to Texas; name changes to 'Alset Inc.'
Alset EHome receives Nasdaq extension to Jan 16, 2023 to meet $1 bid price rule
Received Nasdaq notice of additional 180-day compliance period until Jan 16, 2023 for minimum $1 bid price.
Alset EHome completes acquisition of Alset International shares from CEO in share-for-share deal
Acquired 293,428,200 ordinary shares of Alset International Ltd from Chairman/CEO Chan Heng Fai.
Alset EHome subsidiary assigns AMRE convertible note to DSS for 21.4M shares
AIL assigned a convertible promissory note from American Medical REIT to DSS in exchange for 21,366,177 shares of DSS common stock; closed July 12, 2022.
Alset EHome completes disposition of True Partner Capital shares for DSS stock
Disposed of 62,122,908 shares of True Partner Capital Holding Limited in exchange for 17,570,948 shares of DSS, Inc. common stock.
Alset EHome enters consulting agreement with CDO Charles MacKenzie; monthly fee $25,000 plus bonuses
Effective June 23, 2022, subsidiary SeD Development Management LLC engaged Charles MacKenzie under consulting agreement; monthly fee $25,000.
Approved issuance of 35,319,290 new common shares to Chairman/CEO Chan Heng Fai for 293,428,200 Alset International shares.
Alset eHome director resigns; CEO repays $1.185M in overpaid NAV bonus
Ang Hay Kim Aileen resigned from board on April 29, 2022, for personal reasons; no disagreement with company.
AEI amends DSS deal to $1.5M; ups share issuance to Chairman for Alset International stake
AEI reduces planned DSS stock purchase from $17M to $1.5M, cutting shares from 44.6M to 3.99M.
On March 10, 2024, Anthony S. Chan resigned as Chief Operating Officer of Alset Inc. (the “Company”), effective immediately, due to personal reasons.
Effective as of October 3, 2022, Ms. Joanne Wong Hiu Pan, Mr. Chan Tung Moe and Mr. Lim Sheng Hon Danny joined the Board of Directors (the "Board") of Alset Inc. (the "Company").
Effective as of October 3, 2022, Ms. Joanne Wong Hiu Pan, Mr. Chan Tung Moe and Mr. Lim Sheng Hon Danny joined the Board of Directors (the "Board") of Alset Inc. (the "Company").
Effective as of October 3, 2022, Ms. Joanne Wong Hiu Pan, Mr. Chan Tung Moe and Mr. Lim Sheng Hon Danny joined the Board of Directors (the "Board") of Alset Inc. (the "Company").
On April 29, 2022, Ang Hay Kim Aileen resigned as a member of the Board of Directors of Alset EHome International Inc. (the “Company”) due to personal reasons.
Effective as of February 15, 2022, the Board of Directors of Alset EHome International Inc. (the “Company”) has appointed Anthony S. Chan as the Chief Operating Officer of the Company.
On November 3, 2021, Robert H. Trapp resigned as a member of the Board of Directors of the Company.
On November 3, 2021, Mr. Wong Shui Yeung joined the Board of Directors of Alset EHome International Inc. (the “Company”).
Effective as of July 1, 2021, the Board of Directors of the Company has appointed Chan Tung Moe as the Co-Chief Executive Officer of the Company.
Max materiality 0.85 · Median 0.55 · Most common event other_material