Filing Details

Accession Number:
0001493152-24-052151
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-12-26 17:15:05
Reporting Period:
2024-12-24
Accepted Time:
2024-12-26 17:15:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1897245 Hwh International Inc. HWH () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1261725 Ambrose Fai Heng Chan 9 Temasek Boulevard #16-04
Suntec Tower Two
Singapore U0 038989
Yes No Yes No
1750106 Alset 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 Acquisiton 2024-12-24 1,300,000 $0.45 12,687,954 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnote
Footnotes
  1. On December 24, 2024, Alset Inc. entered into a Stock Purchase Agreement with HWH International Inc. (the "Issuer"), pursuant to which Alset Inc. agreed to purchase 1,300,000 newly issued shares of the Issuer's common stock from the Issuer for a price of $0.45 per share.
  2. 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 24,976,456 shares of the Issuer's common stock, including 12,687,954 shares owned directly, 9,958,347 shares owned indirectly through its majority owned subsidiary Alset International Limited, and 2,330,155 shares owned indirectly through another majority owned subsidiary of Alset Inc., Alset Acquisition Sponsor, LLC. Mr. Chan also owns 13,000 shares of the Issuer's common stock personally.