Ambrose Chan Amends Alset Inc. 13D Filing
Ticker: AEI · Form: SC 13D/A · Filed: May 31, 2024 · CIK: 1750106
| Field | Detail |
|---|---|
| Company | Alset Inc. (AEI) |
| Form Type | SC 13D/A |
| Filed Date | May 31, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.001, $0.863, $0.85, $0.884, $0.89 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, ownership-disclosure, amendment
TL;DR
Ambrose Chan updated his Alset Inc. stock ownership filing. No major changes disclosed.
AI Summary
Ambrose Chan, a significant shareholder of Alset Inc., filed an amendment to their Schedule 13D on May 31, 2024. This filing updates information regarding beneficial ownership of Alset Inc. common stock. The filing does not disclose specific dollar amounts or new share acquisitions in this amendment.
Why It Matters
This filing is an update to a significant shareholder's beneficial ownership disclosure, providing transparency on holdings in Alset Inc.
Risk Assessment
Risk Level: low — This is a routine amendment to a beneficial ownership filing, not indicating new risks or significant changes in strategy.
Key Players & Entities
- Alset Inc. (company) — Subject company
- Chan Heng Fai Ambrose (person) — Filing person
- May 29, 2024 (date) — Date of event requiring filing
- May 31, 2024 (date) — Filing date
FAQ
What is the purpose of this SC 13D/A filing?
This filing is an amendment to Schedule 13D, used to update information regarding beneficial ownership of Alset Inc. common stock by a significant shareholder.
Who is the filing person in this amendment?
The filing person is Chan Heng Fai Ambrose.
What is the subject company?
The subject company is Alset Inc.
When was the event that required this filing?
The date of the event which requires filing of this statement was May 29, 2024.
What is the CUSIP number for Alset Inc. common stock?
The CUSIP number for Alset Inc. Common Stock, Par Value $0.001 Per Share is 02115D 208.
Filing Stats: 1,608 words · 6 min read · ~5 pages · Grade level 9.4 · Accepted 2024-05-31 17:06:23
Key Financial Figures
- $0.001 — me of issuer) Common Stock, Par Value $0.001 Per Share (Title of class of securiti
- $0.863 — at a weighted average purchase price of $0.863 per share. This transaction was execute
- $0.85 — multiple trades at prices ranging from $0.85 to $0.884. On May 30, 2024, Mr. Chan
- $0.884 — trades at prices ranging from $0.85 to $0.884. On May 30, 2024, Mr. Chan acquired 1
- $0.89 — suer’s common stock at a price of $0.89 per share. Item 4. Purpose of Transac
- $0.70 — suer’s common stock at a price of $0.70 per share in a private transaction; (ii
- $0.667 — at a weighted average purchase price of $0.667 per share; and (iii) on May 28, 2024, M
- $0.741 — at a weighted average purchase price of $0.741 per share. (d) To the best knowledge
Filing Documents
- formsc13da.htm (SC 13D/A) — 83KB
- 0001493152-24-022235.txt ( ) — 84KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: May 31, 2024 By: /s/ Heng Fai Ambrose Chan Name: Heng Fai Ambrose Chan HFE Holdings Limited Dated: May 31, 2024 By: /s/ Heng Fai Ambrose Chan Name: Heng Fai Ambrose Chan Title: Director