Chan Heng Fai Ambrose - Feb 8, 2023 Form 4 Insider Report for Alset Inc. (AEI)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Chan Heng Fai Ambrose
Stock symbol
AEI
Transactions as of
Feb 8, 2023
Transactions value $
$1,199,880
Form type
4
Date filed
2/9/2023, 03:15 PM
Previous filing
Dec 22, 2022
Next filing
Mar 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEI Common Stock Purchase $1.2M +545K +14.15% $2.20 4.4M Feb 8, 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.