Heng Fai Ambrose Chan - Dec 8, 2021 Form 4 Insider Report for Alset EHome International Inc. (AEI)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Chan Heng Fai
Stock symbol
AEI
Transactions as of
Dec 8, 2021
Transactions value $
$4,400,000
Form type
4
Date filed
12/10/2021, 03:05 PM
Previous filing
Nov 23, 2021
Next filing
Jan 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEI Common Stock Purchase $4.4M +7.33M +64.24% $0.60 18.7M Dec 8, 2021 Direct F1
holding AEI Common Stock 6.38M Dec 8, 2021 See footnote F2
holding AEI Common Stock 398K Dec 8, 2021 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 Represents shares held by HFE Holdings Limited. Mr. Chan has sole voting and investment power with respect to such shares.
F3 Represents shares held by Heng Fai Holdings Limited. Mr. Chan has sole voting and investment power with respect to such shares.