Chan Heng Fai Ambrose - Mar 11, 2025 Form 4 Insider Report for HWH International Inc. (HWH)

Role: Director, 10%+ Owner
Signature: Alset Inc. /s/ Chan Heng Fai Ambrose, Chief Executive Officer
Stock symbol: HWH
Transactions as of: Mar 11, 2025
Transactions value $: $0
Form type: 4
Date filed: 3/13/2025, 04:15 PM
Previous filing: Feb 18, 2025
Next filing: Apr 1, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HWH	Common Stock	Other		+69.4K	+14.9%		535K	Mar 11, 2025	See Footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Alset Acquisition Sponsor, LLC ("the Sponsor") entered into an agreement effective January 30, 2024, pursuant to which the Sponsor loaned a borrower (the "Borrower") 69,444 shares of the Issuer's common stock. On March 11, 2025, the Borrower returned the 69,444 shares to the Sponsor.
F2	The Chairman, Chief Executive Officer and majority stockholder of Alset Inc., Chan Heng Fai, may also be deemed to possess beneficial ownership of shares of the Issuer owned by Alset Inc. Alset Inc. now beneficially owns 5,064,734 shares of the Issuer's common stock, including 2,537,590 shares owned directly, 1,991,669 shares owned indirectly through its majority owned subsidiary Alset International Limited, and 535,475 shares owned indirectly through another majority owned subsidiary of Alset Inc., Alset Acquisition Sponsor, LLC. Mr. Chan also owns 2,600 shares of the Issuer's common stock personally.

Content

Alset Acquisition Sponsor, LLC ("the Sponsor") entered into an agreement effective January 30, 2024, pursuant to which the Sponsor loaned a borrower (the "Borrower") 69,444 shares of the Issuer's common stock. On March 11, 2025, the Borrower returned the 69,444 shares to the Sponsor.

The Chairman, Chief Executive Officer and majority stockholder of Alset Inc., Chan Heng Fai, may also be deemed to possess beneficial ownership of shares of the Issuer owned by Alset Inc. Alset Inc. now beneficially owns 5,064,734 shares of the Issuer's common stock, including 2,537,590 shares owned directly, 1,991,669 shares owned indirectly through its majority owned subsidiary Alset International Limited, and 535,475 shares owned indirectly through another majority owned subsidiary of Alset Inc., Alset Acquisition Sponsor, LLC. Mr. Chan also owns 2,600 shares of the Issuer's common stock personally.