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$HWHJun 9, 2026, 10:47 PMAI processed4

Alset (CEO Chan) buys 250,000 newly‐issued HWH shares at $2; Alset now owns 5.261M

AI Summary

HWH filed SEC Form 4. On June 8, 2026 Alset Inc. purchased 250,000 newly‐issued shares of HWH International Inc. at $2.00 per share under a Stock Purchase Agreement, increasing Alset's beneficial ownership to 5,261,719 shares. Chan Heng Fai Ambrose (HWH director, CEO and majority owner of Alset) may be deemed to beneficially own Alset's shares and personally holds 1,002,600 HWH shares.

Positives

  • Alset Inc. acquired 250,000 newly‑issued HWH shares at $2.00 per share on 2026-06-08
  • Alset Inc.'s beneficial ownership increased to 5,261,719 shares after the purchase
  • Reporting person Chan Heng Fai Ambrose is CEO/director and may be deemed to beneficially own Alset's stake; he also holds 1,002,600 shares personally

Negatives

  • The 250,000 shares were newly issued by HWH (dilutive issuance)
  • Transaction increases share count outstanding and issuer dilution effective 2026-06-08