AI assistant
Alset Inc. — Director's Dealing 2021
May 15, 2021
34175_dirs_2021-05-14_5b8a3f32-88c4-4e57-bff9-dd4e2206a944.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Alset EHome International Inc. (AEI)
CIK: 0001750106
Period of Report: 2021-05-12
Reporting Person: Chan Heng Fai Ambrose (Director, Chief Executive Officer, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-12 | Series B Convertible Preferred Stock | $ | J | 2132 | Acquired | Common Stock (2132000) | Direct |
Footnotes
F1: The reporting person exchanged $13,000,000 in principal amount under a convertible promissory note for 2,132 shares of the Issuer's Series B Convertible Preferred Stock.
F2: On the date on which an amendment to the Issuer's Certificate of Incorporation, as amended, to increase the Issuer's authorized shares of Common Stock to at least 250,000,000 shares has been filed with the Secretary of State of the State of Delaware, each share of Series B Convertible Preferred Stock shall convert automatically into 1,000 shares of the Issuer's Common Stock.