Alset Inc. Shareholder Ambrose Chan Files 13D/A Update
Ticker: AEI · Form: SC 13D/A · Filed: Jun 13, 2024 · CIK: 1750106
| Field | Detail |
|---|---|
| Company | Alset Inc. (AEI) |
| Form Type | SC 13D/A |
| Filed Date | Jun 13, 2024 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.001, $1.03, $1.04, $1.09, $1.10 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-filing, sec-filing, amendment
Related Tickers: ALST
TL;DR
Ambrose Chan updated their Alset Inc. ownership filing - no major changes reported, just a routine update.
AI Summary
Ambrose Chan, a significant shareholder of Alset Inc., filed an amendment to their Schedule 13D on June 13, 2024. This filing updates information regarding their beneficial ownership of the company's common stock. The filing does not disclose specific new share acquisitions or sales but serves as a routine update to previously filed information.
Why It Matters
Schedule 13D filings are crucial for investors as they disclose significant ownership stakes, providing transparency into who controls or influences a company.
Risk Assessment
Risk Level: medium — Schedule 13D filings can indicate potential shifts in control or strategy, which may impact stock price and company direction.
Key Players & Entities
- Alset Inc. (company) — Subject company
- Chan Heng Fai Ambrose (person) — Filing person
- 0001750106 (company) — Alset Inc. Central Index Key
- 0001261725 (person) — Chan Heng Fai Ambrose Central Index Key
FAQ
What is the purpose of this SC 13D/A filing?
This filing is an amendment (Amendment No. 15) to Schedule 13D, used to update information regarding beneficial ownership of Alset Inc. common stock by Chan Heng Fai Ambrose.
Who is the primary filer for this amendment?
The primary filer is Chan Heng Fai Ambrose.
What is the CUSIP number for Alset Inc. common stock?
The CUSIP number for Alset Inc. common stock is 02115D 208.
When was the event that required this filing?
The date of the event which requires filing of this statement is June 11, 2024.
What was Alset Inc. formerly known as?
Alset Inc. was formerly known as Alset EHome International Inc. (name change effective 20210205) and prior to that, HF Enterprises Inc. (name change effective 20180814).
Filing Stats: 1,863 words · 7 min read · ~6 pages · Grade level 8.6 · Accepted 2024-06-13 16:53:11
Key Financial Figures
- $0.001 — me of issuer) Common Stock, Par Value $0.001 Per Share (Title of class of securiti
- $1.03 — o;s common stock at a purchase price of $1.03 per share. On June 11, 2024, Mr. Chan
- $1.04 — o;s common stock at a purchase price of $1.04 per share. On June 12, 2024, Mr. Chan
- $1.09 — at a weighted average purchase price of $1.09 per share. This transaction was execute
- $1.10 — trades at prices ranging from $1.04 to $1.10. Item 4. Purpose of Transaction All
- $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; (iii) on May 28, 2024, Mr. C
- $0.741 — at a weighted average purchase price of $0.741 per share (iv) on May 31, 2024, Mr. Cha
- $0.91 — o;s common stock at a purchase price of $0.91 per share; (v) on June 3, 2024, Mr. Cha
- $0.96 — at a weighted average purchase price of $0.96 per share; (vi) on June 4, 2024, Mr. Ch
- $1.26 — at a weighted average purchase price of $1.26 per share; (viii) on June 6, 2024, Mr.
- $1.11 — at a weighted average purchase price of $1.11 per share; (ix) on June 7, 2024, Mr. Ch
- $1.00 — at a weighted average purchase price of $1.00 per share; and (xi) on June 10, 2024, M
- $1.02 — at a weighted average purchase price of $1.02 per share. (d) To the best knowledge
Filing Documents
- formsc13da.htm (SC 13D/A) — 86KB
- 0001493152-24-023709.txt ( ) — 87KB
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 13, 2024 By: /s/ Heng Fai Ambrose Chan Name: Heng Fai Ambrose Chan HFE Holdings Limited Dated: June 13, 2024 By: /s/ Heng Fai Ambrose Chan Name: Heng Fai Ambrose Chan Title: Director