Key facts
- This page summarizes Alset Acquisition Sponsor, LLC's Form 3 filing for Alset Capital Acquisition Corp. (HWH).
- 0 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 10 Feb 2022, 15:56.
Key filing fact
Ownership activity is grounded in SEC Form 3 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
No transaction description listed
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
No transaction description listed
Additional SEC filing notes
Footnote F1
On February 3, 2022, Alset Acquisition Sponsor, LLC (the "Sponsor") purchased 473,750 units (the "Private Placement Units") pursuant to a private placement. Each Private Placement Unit consists of one share of Class A common stock, one-half of one warrant and one right entitling the holder to receive one tenth (1/10) of one share of Class A common stock.
Footnote F2
The shares of Class A common stock are underlying units (the "Private Placement Units"). Each Private Placement Unit consists of one share of Class A common stock, one-half of one warrant and one right entitling the holder to receive one tenth (1/10) of one share of Class A common stock.
Footnote F3
On November 8, 2021, the Sponsor agreed to purchase 2,156,250 shares of Class B common stock (the "Founder Shares") pursuant to a private placement for an aggregate purchase price of $25,000, or approximately $0.012 per share.
Footnote F4
As described in the issuer's registration statement on Form S-1 (File No. 333-262152) under the heading "Founder Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments described therein and have no expiration.