Heng Fai Ambrose Chan - May 31, 2024 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
May 31, 2024
Transactions value $
$19,150
Form type
4
Date filed
6/4/2024, 04:55 PM
Previous filing
May 31, 2024
Next filing
Jun 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEI Common Stock Purchase $7.26K +7.98K +0.15% $0.91 5.34M May 31, 2024 Direct F1, F3
transaction AEI Common Stock Purchase $11.9K +12.3K +0.23% $0.96 5.36M Jun 3, 2024 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 31, 2024, Mr. Chan acquired 7,975 shares of the Issuer's common stock at a price of $0.91 per share.
F2 On June 3, 2024, Mr. Chan acquired 12,337 shares of the Issuer's common stock. This transaction was executed in multiple trades at prices ranging from $0.96 to $0.99. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon request of the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F3 In addition to the 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 5,676,108 shares of the common stock of Alset Inc.