Alset Inc. — Major Shareholding Notification 2021

Mar 15, 2021

SC 13G/A 1 aei_13ga.htm SC 13G/A Document created using Blueprint(R) - powered by Issuer Direct - www.issuerdirect.com Copyright 2021 Issuer Direct Corporation template_sc13g.htm

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

(Amendment No. )

Under the Securities Exchange Act of 1934

| ALSET
EHOME INTERNATIONAL, INC. |
| --- |
| (Name of
Issuer) |
| Common
Stock, par value $0.001 per share |
| (Title of Class of
Securities) |
| 40438A105 |
| (CUSIP
Number) |
| March
12, 2021 |
| (Date of Event
Which Requires Filing of this Statement) |

Check the appropriate box to designate the rule pursuant to which this Schedule is filed

| ☐ | Rule
13d-1(b) |
| --- | --- |
| ☐ | Rule
13d-1(c) |
| ☑ | Rule
13d-1(d) |

The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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CUSIP No. 40438A105

| 1. | Names of Reporting
Persons. CHF
First Generation Trust of 2020 | |
| --- | --- | --- |
| 2. | Check the
Appropriate Box if a Member of a Group (See
Instructions) (a) ☐ (b) ☐ | |
| 3. | SEC Use
Only | |
| 4. | Citizenship of
Place of Organization The
State of New York | |
| Number of
Shares Beneficially Owned by
Each Reporting
Person With | 5. | Sole Voting
Power 255,875 |
| | 6. | Shared Voting
Power 0 |
| | 7. | Sole Dispositive
Power 255,875 |
| | 8. | Shared Dispositive
Power 0 |
| 9. | Aggregate Amount
Beneficially Owned by each Reporting Person 255,875 | |
| 10. | Check if the
Aggregate Amount in Row (9) Excludes Certain Shares
☐ n/a | |
| 11. | Percent of Class
Represented by Amount in Row 9 2.2% | |
| 12. | Type of Reporting
Person (See Instructions) OO | |

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| 1. | Names of Reporting
Persons. Darrin
Michael Ocasio | |
| --- | --- | --- |
| 2. | Check the
Appropriate Box if a Member of a Group (See
Instructions) (a) ☐ (b) ☐ | |
| 3. | SEC Use
Only | |
| 4. | Citizenship of
Place of Organization The
United States | |
| Number of
Shares Beneficially Owned by
Each Reporting
Person With | 5. | Sole Voting
Power 255,875 [1] |
| | 6. | Shared Voting
Power 0 |
| | 7. | Sole Dispositive
Power 255,875 [1] |
| | 8. | Shared Dispositive
Power 0 |
| 9. | Aggregate Amount
Beneficially Owned by each Reporting Person 255,875 [1] | |
| 10. | Check if the
Aggregate Amount in Row (9) Excludes Certain Shares
☐ n/a | |
| 11. | Percent of Class
Represented by Amount in Row 9 2.2% [2] | |
| 12. | Type of Reporting
Person (See Instructions) IN | |

[1] The reporting person Darrin Michael Ocasio is the sole trustee of CHF First Generation Trust of 2020 (the “First Generation Trust”) and has the sole voting power and dispositive power over any and all of the shares held under the First Generation Trust.

[2] Based on 8,570,000 shares of common stock of the Issuer issued and outstanding as of December 29, 2020 per quarterly report filed on Form 10-Q before the Securities and Exchange Commission on December 29, 2020.

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ITEM 1:

(a) Name of Issuer:

Alset EHome International, Inc.

(b) Address of Issur’s Principal Executive Offices:

4800 Montgomery Lane, Suite 210

Bethesda, Maryland 20814

ITEM 2:

(a) Name of Person Filing:

This report is filed by CHF First Generation Trust of 2020 and Darrin Michael Ocasio with respect to the shares of common stock, $0.001 par value per share, of the Issuer that are directly beneficially owned by the First Generation Trust and indirectly owned by Darrin Michael Ocasio.

(b) Address of Principal Business Office or, if None, Residence:

2 River Terrace, apt 17E

New York, NY 10282

(c) Citizenship:

Darrin Michael Ocasio is a citizen of the United States and the First Generation Trust is a New York trust.

(d) Title of Class of Securities:

Common Stock, par value $0.001 per share

(e) CUSIP Number:

40438A105

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ITEM 3: IF THIS STATEMENT IS FILED PURSUANT TO §§240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:

| (a) | ☐ | Broker or
dealer registered under section 15 of the Act (15 U.S.C.
78o); |
| --- | --- | --- |
| (b) | ☐ | Bank as
defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
| (c) | ☐ | Insurance
company as defined in section 3(a)(19) of the Act (15 U.S.C.
78c); |
| (d) | ☐ | Investment
company registered under section 8 of the Investment Company Act of
1940 (15 U.S.C 80a-8); |
| (e) | ☐ | An investment
adviser in accordance with
§240.13d-1(b)(1)(ii)(E); |
| (f) | ☐ | An employee
benefit plan or endowment fund in accordance with
§240.13d-1(b)(1)(ii)(F); |
| (g) | ☐ | A parent
holding company or control person in accordance with §
240.13d-1(b)(1)(ii)(G); |
| (h) | ☐ | A savings
associations as defined in Section 3(b) of the Federal Deposit
Insurance Act (12 U.S.C. 1813); |
| (i) | ☐ | A church plan
that is excluded from the definition of an investment company under
section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C.
80a-3); |
| (j) | ☐ | A non-U.S.
institution, in accordance with
§240.13d-1(b)(1)(ii)(J); |
| (k) | ☐ | Group, in
accordance with §240.13d-1(b)(1)(ii)(K). |
| | | If filing as
a non-U.S. institution in accordance with
§240.13d-1(b)(1)(ii)(J), please specify the type of
institution: _________. |

ITEM 4: OWNERSHIP.

(a) Amount beneficially owned:

255,875

(b) Percent of class:

2.2% [3]

(c) Number of shares as to which the person has:

| (i) | Sole power to vote
or to direct the vote | 255,875 |
| --- | --- | --- |
| (ii) | Shared power to
vote or to direct the vote | 0 |
| (iii) | Sole power to
dispose or to direct the disposition of | 255,875 |
| (iv) | Shared power to dispose or to direct the disposition of | 0 |

(3) Based on 8,570,000 shares of common stock of the Issuer issued and outstanding as of December 29, 2020 per quarterly report filed on Form 10-Q before the Securities and Exchange Commission on December 29, 2020.

ITEM 5: OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ X ].

ITEM 6: OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

Not applicable.

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ITEM 7: IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.

Not applicable.

ITEM 8: IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

Not applicable.

ITEM 9: NOTICE OF DISSOLUTION OF GROUP.

Not applicable.

ITEM 10: CERTIFICATIONS.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.

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SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

/s/ Darrin M. Ocasio
Name: Darrin M.
Ocasio
Title:
Trustee

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