Chan Amends Alset Inc. 13D Filing
Ticker: AEI · Form: SC 13D/A · Filed: Jun 28, 2024 · CIK: 1750106
| Field | Detail |
|---|---|
| Company | Alset Inc. (AEI) |
| Form Type | SC 13D/A |
| Filed Date | Jun 28, 2024 |
| Risk Level | medium |
| Pages | 7 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.001, $1.15, $1.22, $1.25, $1.30 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-filing, sec-amendment, schedule-13d
Related Tickers: ALST
TL;DR
Chan updated his Alset Inc. filing. Keep an eye on this one.
AI Summary
Heng Fai Ambrose Chan filed an amendment (No. 17) to Schedule 13D on June 27, 2024, regarding Alset Inc. This filing updates information previously submitted under the Securities Exchange Act of 1934. The filing pertains to the common stock of Alset Inc., with CUSIP number 02115D208.
Why It Matters
This amendment to a Schedule 13D filing indicates ongoing or updated significant ownership or control changes by a major shareholder in Alset Inc., which could influence the company's stock price and strategic direction.
Risk Assessment
Risk Level: medium — Schedule 13D filings often signal significant changes in a company's ownership structure, which can lead to increased volatility.
Key Players & Entities
- Heng Fai Ambrose Chan (person) — Filing person
- Alset Inc. (company) — Subject company
- 0001493152-24-025630 (filing_id) — SEC Accession Number
- 02115D 208 (cusip) — CUSIP number for Alset Inc. Common Stock
FAQ
What type of filing is this amendment?
This is Amendment No. 17 to Schedule 13D, filed under the Securities Exchange Act of 1934.
Who is the subject company?
The subject company is Alset Inc.
Who is the filing person making this amendment?
The filing person is Heng Fai 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 27, 2024.
What is the CUSIP number for the securities in question?
The CUSIP number for Alset Inc. Common Stock is 02115D 208.
Filing Stats: 2,110 words · 8 min read · ~7 pages · Grade level 7.9 · Accepted 2024-06-28 16:36:16
Key Financial Figures
- $0.001 — me of issuer) Common Stock, Par Value $0.001 Per Share (Title of class of securiti
- $1.15 — o;s common stock at a purchase price of $1.15 per share. On June 21, 2024, Mr. Chan
- $1.22 — at a weighted average purchase price of $1.22 per share. This transaction was execute
- $1.25 — trades at prices ranging from $1.15 to $1.25. On June 24, 2024, Mr. Chan acquired
- $1.30 — o;s common stock at a purchase price of $1.30 per share. On June 26, 2024, Mr. Chan
- $1.38 — o;s common stock at a purchase price of $1.38 per share. On June 27, 2024, Mr. Chan
- $1.79 — at a weighted average purchase price of $1.79 per share. This transaction was execute
- $1.52 — multiple trades at prices ranging from $1.52 to $2.01. Item 4. Purpose of Transacti
- $2.01 — trades at prices ranging from $1.52 to $2.01. 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
- $1.10 — at a weighted average purchase price of $1.10 per share; (vii) on June 5, 2024, Mr. C
Filing Documents
- formsc13da.htm (SC 13D/A) — 81KB
- 0001493152-24-025630.txt ( ) — 82KB
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 28, 2024 By: /s/ Heng Fai Ambrose Chan Name: Heng Fai Ambrose Chan HFE Holdings Limited Dated: June 28, 2024 By: /s/ Heng Fai Ambrose Chan Name: Heng Fai Ambrose Chan Title: Director