Chan Heng Fai Ambrose - Aug 16, 2024 Form 4 Insider Report for Alset Inc. (AEI)

Signature
/s/ Chan Heng Fai Ambrose
Stock symbol
AEI
Transactions as of
Aug 16, 2024
Transactions value $
$25,872
Form type
4
Date filed
8/20/2024, 09:30 PM
Previous filing
Jul 17, 2024
Next filing
Aug 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEI Common Stock Purchase $6.67K +7.41K +0.13% $0.90 5.85M Aug 16, 2024 Direct F1, F3
transaction AEI Common Stock Purchase $19.2K +20K +0.34% $0.96 5.87M Aug 19, 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 August 16, 2024, Mr. Chan acquired 7,413 shares of the Issuer's common stock. This transaction was executed in multiple trades at prices ranging from $0.86 to $0.94. 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.
F2 On August 19, 2024, Mr. Chan acquired 20,000 shares of the Issuer's common stock. This transaction was executed in multiple trades at prices ranging from $0.94 to $0.97. 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 6,191,588 shares of the common stock of Alset Inc.