Recent 8-K filings for AEI
Highest-materiality recent filing
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.
- Acquired entity owns 41.5% of New Energy Asia Pacific Company Ltd, an electric vehicle distributor with signed MOUs and government interest.
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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.
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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.
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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.
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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.
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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.
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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).
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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.
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Enters Stock Purchase Agreement with subsidiary Alset International to purchase 6,500,000 HWH shares for $4,095,000 in secured promissory note.
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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.
Materiality & sentiment trend
Max materiality 0.85 · Median 0.50 · Most common event other_material