Yakira Capital Management, Inc. - Aug 25, 2023 Form 4 Insider Report for Alset Capital Acquisition Corp. (ACAX)

Role: 10%+ Owner
Signature: /s/ Nicholas Sabatini, CFO & CCO
Stock symbol: ACAX
Transactions as of: Aug 25, 2023
Transactions value $: -$779,066
Form type: 4
Date filed: 12/13/2023, 05:03 PM
Previous filing: Jun 5, 2024
Next filing: Dec 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACAX	Class A Common Stock	Sale	-$507K	-45.8K	-13.08%	$11.08	304K	Aug 25, 2023	See Footnote	F1
transaction	ACAX	Class A Common Stock	Sale	-$130K	-12K	-3.94%	$10.83	292K	Aug 28, 2023	See Footnote	F1
transaction	ACAX	Class A Common Stock	Sale	-$91.3K	-8.22K	-2.81%	$11.11	284K	Sep 11, 2023	See Footnote	F1
transaction	ACAX	Class A Common Stock	Sale	-$49.2K	-4.57K	-1.61%	$10.77	279K	Sep 14, 2023	See Footnote	F1
transaction	ACAX	Class A Common Stock	Sale	-$1.23K	-114	-0.04%	$10.79	279K	Oct 17, 2023	See Footnote	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Yakira Capital Management, Inc., a Delaware corporation (the "Reporting Person"), serves as investment advisors to each of (i) Yakira Partners, L.P., a Delaware limited partnership ("Yakira Partners"), (ii) Yakira Enhanced Offshore Fund Ltd., a Cayman Islands exempted company ("Yakira Offshore") and (iii) MAP 136 Segregated Portfolio, a Cayman Islands exempted company ("MAP 136") and has sole voting and investment discretion with respects to the securities reported herein which are held by Yakira Partners, Yakira Offshore and MAP 136. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Reporting Person is the beneficial owner of the securities reported herein for the purpose of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose, except to the extent of Reporting Person's pecuniary interest therein.

Content

Yakira Capital Management, Inc., a Delaware corporation (the "Reporting Person"), serves as investment advisors to each of (i) Yakira Partners, L.P., a Delaware limited partnership ("Yakira Partners"), (ii) Yakira Enhanced Offshore Fund Ltd., a Cayman Islands exempted company ("Yakira Offshore") and (iii) MAP 136 Segregated Portfolio, a Cayman Islands exempted company ("MAP 136") and has sole voting and investment discretion with respects to the securities reported herein which are held by Yakira Partners, Yakira Offshore and MAP 136. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Reporting Person is the beneficial owner of the securities reported herein for the purpose of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose, except to the extent of Reporting Person's pecuniary interest therein.