Heng Fai Ambrose Chan - 28 Mar 2025 Form 4 Insider Report for Value Exchange International, Inc. (VEII)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: VEII
Reported as of: 28 Mar 2025
Net transaction value: +$30,000
SEC form: 4
Accepted by SEC: 01 Apr 2025, 20:51:05 UTC
Prior SEC filing: 13 Mar 2025
Next SEC filing: 02 Apr 2025
Source filing: View source filing
Reporting owner signature: /s/ Heng Fai Ambrose Chan

Key filing fact

Heng Fai Ambrose Chan filed Form 4 for Value Exchange International, Inc. (VEII) on 01 Apr 2025.

Key facts

This page summarizes Heng Fai Ambrose Chan's Form 4 filing for Value Exchange International, Inc. (VEII).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 01 Apr 2025, 20:51.

Change

Previous filing in this sequence was filed on 13 Mar 2025.
Current net transaction value: +$30,000.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VEII transaction Derivative

Convertible Debt

Purchase

Transaction value: $30,000
Shares
Change %
Price
Shares after: $30,000
Date: 28 Mar 2025
Ownership: See footnote
Underlying class: Common Stock
Underlying amount
Exercise price: $0.0166
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Please refer to Remarks, below.

Footnote F2

Held by Alset Inc. Mr. Chan is, personally and through an entity he controls, the majority shareholder of Alset Inc., and the Chairman and Chief Executive Officer of Alset Inc. The Reporting Person has dispositive control over these securities.

SEC remarks

Value Exchange International, Inc. ("VEII") issued a Convertible Promissory Note for $30,000, dated as of March 28, 2025 to Alset Inc. as consideration for a loan in the same amount. This amount can be converted into shares of VEII pursuant to the terms of the Convertible Promissory Note for a period of two years. In the event that Alset Inc. converts all or a portion of the indebtedness into shares of VEII Common Stock, the conversion price shall be $0.0166 per share.