Highest-materiality recent filing
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 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 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.
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 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. 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. 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 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 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 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 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