Filing Details
- Accession Number:
- 0001493152-22-028936
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-10-19 21:55:25
- Reporting Period:
- 2022-10-17
- Accepted Time:
- 2022-10-19 21:55:25
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1417664 | Value Exchange International Inc. | VEII | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1261725 | Ambrose Fai Heng Chan | 7 Temasek Boulevard #29-01B Suntec Tower One Singapore U0 038987 | Yes | No | Yes | No | |
1600347 | Gigworld Inc. | 4800 Montgomery Lane Suite 210 Bethesda MD 20814 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2022-10-17 | 20,000 | $0.17 | 7,351,163 | No | 4 | S | Direct | |
Common Stock | Disposition | 2022-10-17 | 25,000 | $0.20 | 7,326,163 | No | 4 | S | Direct | |
Common Stock | Disposition | 2022-10-17 | 10,000 | $0.23 | 7,316,163 | No | 4 | S | Direct | |
Common Stock | Disposition | 2022-10-17 | 7,221,163 | $0.24 | 95,000 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2022-10-17 | 20,000 | $0.17 | 6,520,000 | No | 4 | P | Indirect | See footnote |
Common Stock | Acquisiton | 2022-10-17 | 25,000 | $0.20 | 6,545,000 | No | 4 | P | Indirect | See footnote |
Common Stock | Acquisiton | 2022-10-17 | 10,000 | $0.23 | 6,555,000 | No | 4 | P | Indirect | See footnote |
Common Stock | Acquisiton | 2022-10-17 | 7,221,163 | $0.24 | 13,776,163 | No | 4 | P | Indirect | See footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | P | Indirect | See footnote |
No | 4 | P | Indirect | See footnote |
No | 4 | P | Indirect | See footnote |
No | 4 | P | Indirect | See footnote |
Footnotes
- Represents 20,000 shares of the Issuer's common stock sold by the Reporting Person to GigWorld Inc., a Delaware corporation, pursuant to a Stock Purchase Agreement dated October 17, 2022. The purchase price for the disposed shares was $0.1663 per share for total consideration of $3,326.
- Represents 25,000 shares of the Issuer's common stock sold by the Reporting Person to GigWorld Inc., a Delaware corporation, pursuant to a Stock Purchase Agreement dated October 17, 2022. The purchase price for the disposed shares was $0.2006 per share for total consideration of $5,015.
- Represents 10,000 shares of the Issuer's common stock sold by the Reporting Person to GigWorld Inc., a Delaware corporation, pursuant to a Stock Purchase Agreement dated October 17, 2022. The purchase price for the disposed shares was $0.2314 per share for total consideration of $2,314.
- Represents 7,221,163 shares of the Issuer's common stock sold by the Reporting Person to GigWorld Inc., a Delaware corporation, pursuant to a Stock Purchase Agreement dated October 17, 2022. The purchase price for the disposed shares was $0.24 per share for total consideration of $1,733,079.12.
- Held by GigWorld Inc. GigWorld Inc.'s majority shareholder is 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.