Chan Heng Fai Ambrose's Form 4 filing
Alset Inc. (AEI) · filed Dec 10, 2021
- Accession no.
- 0001493152-21-031123
- Filed
- Dec 10, 2021
- Trade date
- Dec 8, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 1 non-derivative transaction. Open-market purchases total $4.40M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Chan Heng Fai AmbroseCIK 0001261725 | Director, Officer (Chief Executive Officer), 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 8, 2021 | Common Stock | PPurchaseAcquired | +7,333,333 | $0.60F1 | +$4,399,999.8 | 18,749,299 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Mr. Chan purchased 7,333,333 shares from the issuer at a purchase price of $0.60 per share in an underwritten public offering. The offering closed on December 8, 2021. Following the acquisition of these shares, Mr. Chan is now the beneficial owner of 25,527,647 shares of the issuer's common stock, including 18,749,299 shares owned directly and a total of 6,778,348 shares held indirectly, through two entities.
Referenced by the price of 1 transaction in Table I.