Ambrose Chan Amends Alset Inc. Stake Filing
Ticker: AEI · Form: SC 13D/A · Filed: Jun 20, 2024 · CIK: 1750106
| Field | Detail |
|---|---|
| Company | Alset Inc. (AEI) |
| Form Type | SC 13D/A |
| Filed Date | Jun 20, 2024 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.001, $1.09, $1.15, $1.14, $1.20 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-filing, sec-filing, amendment
Related Tickers: ALST
TL;DR
Chan updated his Alset Inc. filing, no major changes disclosed yet.
AI Summary
Ambrose Chan, a significant shareholder of Alset Inc., filed an amendment to their Schedule 13D on June 20, 2024. This filing updates information regarding their beneficial ownership of the company's common stock. The filing does not disclose specific new share counts or dollar amounts but serves as a routine update to previously filed information.
Why It Matters
This filing indicates ongoing monitoring and potential adjustments by a major shareholder, which could signal future strategic moves or changes in ownership interest in Alset Inc.
Risk Assessment
Risk Level: medium — Schedule 13D filings by significant shareholders can precede major corporate actions or shifts in control, warranting close attention.
Key Players & Entities
- Alset Inc. (company) — Subject company
- Chan Heng Fai Ambrose (person) — Filing person
- Ambrose Chan (person) — Filing person
FAQ
What is the purpose of this SC 13D/A filing?
This filing is an amendment (Amendment No. 16) to a Schedule 13D, used to update information regarding the beneficial ownership of Alset Inc.'s common stock by Ambrose Chan.
Who is the filing person?
The filing person is Chan Heng Fai Ambrose, also referred to as Ambrose Chan.
What is the date of the event requiring this filing?
The date of the event which requires filing of this statement is June 18, 2024.
What is the CUSIP number for Alset Inc. common stock?
The CUSIP number for Alset Inc. common stock is 02115D 208.
Has Alset Inc. had previous names?
Yes, 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: 1,944 words · 8 min read · ~6 pages · Grade level 8.4 · Accepted 2024-06-20 16:15:07
Key Financial Figures
- $0.001 — me of issuer) Common Stock, Par Value $0.001 Per Share (Title of class of securiti
- $1.09 — o;s common stock at a purchase price of $1.09 per share. On June 17, 2024, Mr. Chan
- $1.15 — at a weighted average purchase price of $1.15 per share. This transaction was execute
- $1.14 — multiple trades at prices ranging from $1.14 to $1.15. On June 18, 2024, Mr. Chan
- $1.20 — o;s common stock at a purchase price of $1.20 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; (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
- $1.10 — at a weighted average purchase price of $1.10 per share; (vii) on June 5, 2024, Mr. C
- $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; (xi) on June 10, 2024, Mr. C
- $1.02 — at a weighted average purchase price of $1.02 per share; (xii) on June 11, 2024, Mr.
Filing Documents
- formsc13da.htm (SC 13D/A) — 79KB
- 0001493152-24-024515.txt ( ) — 81KB
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 20, 2024 By: /s/ Heng Fai Ambrose Chan Name: Heng Fai Ambrose Chan HFE Holdings Limited Dated: June 20, 2024 By: /s/ Heng Fai Ambrose Chan Name: Heng Fai Ambrose Chan Title: Director