Chan Heng Fai Ambrose - 12 Feb 2025 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
12 Feb 2025
Net transactions value
+$21,661
Form type
4
Filing time
13 Feb 2025, 16:33:41 UTC
Previous filing
10 Feb 2025
Next filing
18 Feb 2025
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 $21,661 +20,244 +0.32% $1.07 6,349,742 12 Feb 2025 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 12, 2025, Mr. Chan acquired 20,244 shares of the Issuer's common stock at a weighted average purchase price of $1.07 per share. 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 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 6,668,742 shares of the common stock of Alset Inc.