HWH International Inc. Faces Delisting Concerns
Ticker: HWH · Form: 8-K · Filed: Oct 25, 2024 · CIK: 1897245
| Field | Detail |
|---|---|
| Company | Hwh International INC. (HWH) |
| Form Type | 8-K |
| Filed Date | Oct 25, 2024 |
| Risk Level | high |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $15,000,000, $50,000,000 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, listing-standards, spac
TL;DR
HWH International Inc. might be delisted, former SPAC.
AI Summary
HWH International Inc. filed an 8-K on October 25, 2024, reporting a notice of delisting or failure to satisfy a continued listing rule. The earliest event reported was on October 21, 2024. The company was formerly known as Alset Capital Acquisition Corp. until December 3, 2021.
Why It Matters
This filing indicates potential issues with HWH International Inc.'s continued listing on an exchange, which could impact its stock trading and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards poses a significant risk to the company's market presence and investor confidence.
Key Players & Entities
- HWH International Inc. (company) — Registrant
- Alset Capital Acquisition Corp. (company) — Former company name
- October 21, 2024 (date) — Earliest event date
- October 25, 2024 (date) — Filing date
- December 3, 2021 (date) — Date of name change
FAQ
What specific listing rule or standard has HWH International Inc. failed to satisfy?
The filing does not specify the exact rule or standard that HWH International Inc. has failed to satisfy, only that a notice of delisting or failure to satisfy a continued listing rule or standard has been issued.
What is the significance of the company's former name, Alset Capital Acquisition Corp.?
The former name, Alset Capital Acquisition Corp., indicates that HWH International Inc. was previously a special purpose acquisition company (SPAC) before its name change on December 3, 2021.
What is the primary business of HWH International Inc.?
HWH International Inc. is classified under the Standard Industrial Classification code 5122, which pertains to Wholesale - Drugs, Proprietaries & Druggists' Sundries.
Where is HWH International Inc. headquartered?
HWH International Inc.'s principal executive offices are located at 4800 Montgomery Lane, Suite 210, Bethesda, MD 20814.
What is the SEC file number for HWH International Inc.?
The SEC file number for HWH International Inc. is 001-41254.
Filing Stats: 740 words · 3 min read · ~2 pages · Grade level 11.7 · Accepted 2024-10-25 17:00:22
Key Financial Figures
- $0.0001 — nge on which registered Common Stock, $0.0001 par value per share HWH The Nasdaq
- $15,000,000 — the "MVPHS") had been below the minimum $15,000,000 required for continued listing as set f
- $50,000,000 — alue of our common stock had been below $50,000,000 for the prior 37 consecutive business d
Filing Documents
- form8-k.htm (8-K) — 38KB
- 0001493152-24-042543.txt ( ) — 210KB
- hwh-20241021.xsd (EX-101.SCH) — 3KB
- hwh-20241021_lab.xml (EX-101.LAB) — 33KB
- hwh-20241021_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 25, 2024 HWH INTERNATIONAL INC. By: /s/ Rongguo Wei Name: Rongguo Wei Title: Chief Financial Officer