Chan Heng Fai Ambrose - 06 Feb 2025 Form 4 Insider Report for Alset Inc. (AEI)

Signature
/s/ Chan Heng Fai Ambrose
Issuer symbol
AEI
Transactions as of
06 Feb 2025
Net transactions value
+$294,149
Form type
4
Filing time
10 Feb 2025, 17:52:50 UTC
Previous filing
29 Jan 2025
Next filing
13 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEI Common Stock Purchase $139,649 +141,060 +2.3% $0.9900 6,179,498 06 Feb 2025 Direct F1, F3
transaction AEI Common Stock Purchase $154,500 +150,000 +2.4% $1.03 6,329,498 07 Feb 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 6, 2025, Mr. Chan acquired 141,060 shares of the Issuer's common stock at a weighted average purchase price of $0.99 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 On February 7, 2025, Mr. Chan acquired 150,000 shares of the Issuer's common stock at a weighted average purchase price of $1.03 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.
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 6,648,498 shares of the common stock of Alset Inc.