Chan Heng Fai Ambrose - 17 Oct 2022 Form 4 Insider Report for Value Exchange International, Inc. (VEII)

Role
Director, 10%+ Owner
Signature
/s/ Heng Fai Ambrose Chan
Issuer symbol
VEII
Transactions as of
17 Oct 2022
Net transactions value
$0
Form type
4
Filing time
19 Oct 2022, 21:55:25 UTC
Previous filing
17 Oct 2022
Next filing
21 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VEII Common Stock Sale $3,326 -20,000 -0.27% $0.1663 7,351,163 17 Oct 2022 Direct F1
transaction VEII Common Stock Sale $5,015 -25,000 -0.34% $0.2006 7,326,163 17 Oct 2022 Direct F2
transaction VEII Common Stock Sale $2,314 -10,000 -0.14% $0.2314 7,316,163 17 Oct 2022 Direct F3
transaction VEII Common Stock Sale $1,733,079 -7,221,163 -99% $0.2400 95,000 17 Oct 2022 Direct F4
transaction VEII Common Stock Purchase $3,326 +20,000 +0.31% $0.1663 6,520,000 17 Oct 2022 See footnote F1, F5
transaction VEII Common Stock Purchase $5,015 +25,000 +0.38% $0.2006 6,545,000 17 Oct 2022 See footnote F2, F5
transaction VEII Common Stock Purchase $2,314 +10,000 +0.15% $0.2314 6,555,000 17 Oct 2022 See footnote F3, F5
transaction VEII Common Stock Purchase $1,733,079 +7,221,163 +110% $0.2400 13,776,163 17 Oct 2022 See footnote F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 20,000 shares of the Issuer's common stock sold by the Reporting Person to GigWorld Inc., a Delaware corporation, pursuant to a Stock Purchase Agreement dated October 17, 2022. The purchase price for the disposed shares was $0.1663 per share for total consideration of $3,326.
F2 Represents 25,000 shares of the Issuer's common stock sold by the Reporting Person to GigWorld Inc., a Delaware corporation, pursuant to a Stock Purchase Agreement dated October 17, 2022. The purchase price for the disposed shares was $0.2006 per share for total consideration of $5,015.
F3 Represents 10,000 shares of the Issuer's common stock sold by the Reporting Person to GigWorld Inc., a Delaware corporation, pursuant to a Stock Purchase Agreement dated October 17, 2022. The purchase price for the disposed shares was $0.2314 per share for total consideration of $2,314.
F4 Represents 7,221,163 shares of the Issuer's common stock sold by the Reporting Person to GigWorld Inc., a Delaware corporation, pursuant to a Stock Purchase Agreement dated October 17, 2022. The purchase price for the disposed shares was $0.24 per share for total consideration of $1,733,079.12.
F5 Held by GigWorld Inc. GigWorld Inc.'s majority shareholder is Alset Inc. Mr. Chan is, personally and through an entity he controls, the majority shareholder of Alset Inc., and the Chairman and Chief Executive Officer of Alset Inc. The Reporting Person has dispositive control over these securities.