InsiderTrades

Form 4 for AEI Alset Inc.

Accepted 2025-07-23 00:00:00 ET · period of report 2025-07-23 · accession 0001641172-25-020755 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X Filed Traded Ticker Insider Title Type Price Qty Owned ΔOwn Value
D 2025-07-23 2025-07-23 AEI Chan Heng Fai Ambrose CEO, Dir, 10% J - Other — +27.67M 31.79M +671% —
D 2025-07-23 2025-07-23 AEI Chan Heng Fai Ambrose CEO, Dir, 10% J - Other — +27.67M 27.67M New —
D 2025-07-23 2025-07-23 AEI Chan Heng Fai Ambrose CEO, Dir, 10% C - Cnv Deriv — -27.67M 0 -100% —

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Common Stock 2025-07-23 J A 27,666,667 — 31,789,903 D — — (F1) On July 23, 2025, in consideration for the acquisition of certain assets, Alset Inc. issued a convertible promissory note (the "Note") to Chan Heng Fai in the amount of $83,000,000. The Note was convertible at a conversion price of $3.00 per share. On July 23, 2025, Mr. Chan converted the entire principal of the Note into 27,666,667 newly issued shares of the Issuer's common stock. (F2) In addition to the shares of common stock held directly by Mr. Chan, Mr. Chan also indirectly owns 3,875,506 shares of common stock held by HFE Holdings Limited. Mr. Chan has sole voting and investment power with respect to the shares held by HFE Holdings Limited. Mr. Chan is the beneficial owner of 35,665,409 shares of the common stock of Alset Inc.
2 Derivative Convertible Debt 2025-07-23 J A 27,666,667 — 27,666,667 D $3.00 · 2025-07-23 to 2030-07-23 27,666,667 Common Stock (F1) On July 23, 2025, in consideration for the acquisition of certain assets, Alset Inc. issued a convertible promissory note (the "Note") to Chan Heng Fai in the amount of $83,000,000. The Note was convertible at a conversion price of $3.00 per share. On July 23, 2025, Mr. Chan converted the entire principal of the Note into 27,666,667 newly issued shares of the Issuer's common stock.
3 Derivative Convertible Debt 2025-07-23 C D 27,666,667 — 0 D $3.00 · 2025-07-23 to 2030-07-23 27,666,667 Common Stock (F1) On July 23, 2025, in consideration for the acquisition of certain assets, Alset Inc. issued a convertible promissory note (the "Note") to Chan Heng Fai in the amount of $83,000,000. The Note was convertible at a conversion price of $3.00 per share. On July 23, 2025, Mr. Chan converted the entire principal of the Note into 27,666,667 newly issued shares of the Issuer's common stock. (F2) In addition to the shares of common stock held directly by Mr. Chan, Mr. Chan also indirectly owns 3,875,506 shares of common stock held by HFE Holdings Limited. Mr. Chan has sole voting and investment power with respect to the shares held by HFE Holdings Limited. Mr. Chan is the beneficial owner of 35,665,409 shares of the common stock of Alset Inc.