Chan Heng Fai Ambrose - 08 Feb 2023 Form 4 Insider Report for Alset Inc. (AEI)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Chan Heng Fai Ambrose
Issuer symbol
AEI
Transactions as of
08 Feb 2023
Net transactions value
+$1,199,880
Form type
4
Filing time
09 Feb 2023, 15:15:36 UTC
Previous filing
22 Dec 2022
Next filing
29 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEI Common Stock Purchase $1,199,880 +545,400 +14% $2.20 4,399,266 08 Feb 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 8, 2023, the reporting person purchased 545,400 shares of the Issuer's Common Stock at a purchase price of $2.20 per share in a public offering.
F2 In addition to the 4,399,266 shares of common stock held directly by Mr. Chan, Mr. Chan also indirectly owns 319,000 shares of common stock held by HFE Holdings Limited. Mr. Chan has sole voting and investment power with respect to the shares held by HFE Holdings Limited. Mr. Chan is the beneficial owner of 4,718,266 shares of the common stock of Alset Inc.