Alset Inc. Files 8-K for Material Agreement
Ticker: AEI · Form: 8-K · Filed: Sep 27, 2024 · CIK: 1750106
| Field | Detail |
|---|---|
| Company | Alset Inc. (AEI) |
| Form Type | 8-K |
| Filed Date | Sep 27, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $4,095,000.00, $300,000.00, $3,501,759.00, $0.63 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, 8-K, company-update
TL;DR
Alset Inc. signed a new material agreement on 9/26/24, filed 8-K.
AI Summary
Alset Inc. filed an 8-K on September 27, 2024, reporting an entry into a material definitive agreement on September 26, 2024. The filing also includes financial statements and exhibits. Alset Inc. was formerly known as Alset EHome International Inc. and HF Enterprises Inc.
Why It Matters
This 8-K filing indicates a significant new agreement for Alset Inc., which could impact its business operations and financial performance.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that are not yet fully understood by the market.
Key Players & Entities
- Alset Inc. (company) — Registrant
- September 26, 2024 (date) — Date of earliest event reported
- September 27, 2024 (date) — Filing date
- Alset EHome International Inc. (company) — Former company name
- HF Enterprises Inc. (company) — Former company name
FAQ
What is the nature of the material definitive agreement entered into by Alset Inc. on September 26, 2024?
The filing does not specify the details of the material definitive agreement, only that one was entered into.
When was the 8-K filing submitted to the SEC?
The 8-K filing was submitted on September 27, 2024.
What was Alset Inc. previously named?
Alset Inc. was formerly known as Alset EHome International Inc. and prior to that, HF Enterprises Inc.
In which state is Alset Inc. incorporated?
Alset Inc. is incorporated in Texas.
What is the principal executive office address for Alset Inc.?
The principal executive offices are located at 4800 Montgomery Lane, Suite 210, Bethesda, Maryland, 20814.
Filing Stats: 900 words · 4 min read · ~3 pages · Grade level 11.2 · Accepted 2024-09-27 16:30:39
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share AEI The Nasdaq
- $4,095,000.00 — ted in the original principal amount of $4,095,000.00 (the "Promissory Note"). The Promissory
- $300,000.00 — ve Agreements, Alset Inc. shall convert $300,000.00 of HWH's debt into 476,190 shares of HW
- $3,501,759.00 — set International Limited shall convert $3,501,759.00 of HWH's debt into 5,558,347 shares of
- $0.63 — he debt conversion was fixed was set at $0.63 per share of HWH common stock. Cumulati
Filing Documents
- form8-k.htm (8-K) — 43KB
- ex10-1.htm (EX-10.1) — 110KB
- ex10-2.htm (EX-10.2) — 65KB
- ex10-3.htm (EX-10.3) — 38KB
- 0001493152-24-038546.txt ( ) — 473KB
- aei-20240926.xsd (EX-101.SCH) — 3KB
- aei-20240926_lab.xml (EX-101.LAB) — 33KB
- aei-20240926_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. ALSET INC. Dated: September 27, 2024 By: /s/ Rongguo Wei Name: Rongguo Wei Title: Co-Chief Financial Officer