September 12, 2025 · Form 4 insider transaction
Chan Heng Fai Ambrose sold 500,000 shares of ALSET INC at $2.67 per share, a transaction worth $1.34M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 4 days after the transaction.
On September 12, 2025, Mr. Chan sold 500,000 shares of the Issuer's common stock at a weighted average sale price of $2.672 per share. This transaction was executed in multiple trades at prices ranging from $2.25 to $3.59. The reporting person hereby undertakes to provide, upon request of the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.; 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 35,198,409 shares of the common stock of Alset Inc.