Chan Amends Alset Inc. 13D Filing
Ticker: AEI · Form: SC 13D/A · Filed: Jun 11, 2024 · CIK: 1750106
| Field | Detail |
|---|---|
| Company | Alset Inc. (AEI) |
| Form Type | SC 13D/A |
| Filed Date | Jun 11, 2024 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.001, $0.91, $0.96, $0.99, $1.10 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, sec-filing, schedule-13d
Related Tickers: ALST
TL;DR
Chan updated his Alset Inc. stake filing on 5/31. Watch for ownership shifts.
AI Summary
On May 31, 2024, Heng Fai Ambrose Chan filed an amendment (Amendment No. 14) to Schedule 13D for Alset Inc. This filing indicates a change in beneficial ownership of Alset Inc. securities. The filing was made under the Securities Exchange Act of 1934.
Why It Matters
This filing provides updated information on significant beneficial ownership changes for Alset Inc., which could influence investor decisions and market perception.
Risk Assessment
Risk Level: medium — Schedule 13D filings often signal significant changes in ownership or strategy by major shareholders, which can introduce volatility.
Key Players & Entities
- Alset Inc. (company) — Subject company
- Heng Fai Ambrose Chan (person) — Filing person
- May 31, 2024 (date) — Date of event requiring filing
FAQ
What is the purpose of this SC 13D/A filing?
This filing is an amendment (Amendment No. 14) to Schedule 13D, indicating a change in beneficial ownership of Alset Inc. securities by Heng Fai Ambrose Chan.
Who is the subject company?
The subject company is Alset Inc.
Who is the person filing this amendment?
The person filing is Heng Fai Ambrose Chan.
What is the date of the event that requires this filing?
The date of the event is May 31, 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: 1,905 words · 8 min read · ~6 pages · Grade level 8 · Accepted 2024-06-11 19:48:42
Key Financial Figures
- $0.001 — me of issuer) Common Stock, Par Value $0.001 Per Share (Title of class of securiti
- $0.91 — o;s common stock at a purchase price of $0.91 per share. On June 3, 2024, Mr. Chan
- $0.96 — at a weighted average purchase price of $0.96. This transaction was executed in multi
- $0.99 — trades at prices ranging from $0.96 to $0.99. On June 4, 2024, Mr. Chan acquired 2
- $1.10 — at a weighted average purchase price of $1.10. This transaction was executed in multi
- $1.08 — multiple trades at prices ranging from $1.08 to $1.11. On June 5, 2024, Mr. Chan a
- $1.11 — trades at prices ranging from $1.08 to $1.11. On June 5, 2024, Mr. Chan acquired 2
- $1.26 — at a weighted average purchase price of $1.26. This transaction was executed in multi
- $1.22 — multiple trades at prices ranging from $1.22 to $1.28. On June 6, 2024, Mr. Chan a
- $1.28 — trades at prices ranging from $1.22 to $1.28. On June 6, 2024, Mr. Chan acquired 6
- $1.00 — multiple trades at prices ranging from $1.00 to $1.30. On June 7, 2024, Mr. Chan a
- $1.30 — trades at prices ranging from $1.00 to $1.30. On June 7, 2024, Mr. Chan acquired 5
- $1.04 — multiple trades at prices ranging from $1.04 to $1.10. On June 10, 2024, Mr. Chan
- $1.02 — at a weighted average purchase price of $1.02. This transaction was executed in multi
- $1.01 — multiple trades at prices ranging from $1.01 to $1.02. Item 4. Purpose of Transact
Filing Documents
- formsc13da.htm (SC 13D/A) — 88KB
- 0001493152-24-023522.txt ( ) — 90KB
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: June 11, 2024 By: /s/ Heng Fai Ambrose Chan Name: Heng Fai Ambrose Chan HFE Holdings Limited Dated: June 11, 2024 By: /s/ Heng Fai Ambrose Chan Name: Heng Fai Ambrose Chan Title: Director