0001493152-23-027071.txt : 20230807
0001493152-23-027071.hdr.sgml : 20230807
20230807182450
ACCESSION NUMBER: 0001493152-23-027071
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230803
FILED AS OF DATE: 20230807
DATE AS OF CHANGE: 20230807
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Chan Heng Fai Ambrose
CENTRAL INDEX KEY: 0001261725
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41254
FILM NUMBER: 231148838
MAIL ADDRESS:
STREET 1: 2601 INSLAND PLACE TOWER
STREET 2: 510 KINGS RD N POINT
CITY: HONG KONG
STATE: K3
ZIP: 999999999
FORMER NAME:
FORMER CONFORMED NAME: CHAN FAI
DATE OF NAME CHANGE: 20030828
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Alset Capital Acquisition Corp.
CENTRAL INDEX KEY: 0001897245
STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-DRUGS PROPRIETARIES & DRUGGISTS' SUNDRIES [5122]
IRS NUMBER: 873296100
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1130
BUSINESS ADDRESS:
STREET 1: 4800 MONTGOMERY LANE, SUITE 210
CITY: BETHESDA
STATE: MD
ZIP: 20814
BUSINESS PHONE: 301-971-3955
MAIL ADDRESS:
STREET 1: 4800 MONTGOMERY LANE, SUITE 210
CITY: BETHESDA
STATE: MD
ZIP: 20814
4
1
ownership.xml
X0508
4
2023-08-03
0
0001897245
Alset Capital Acquisition Corp.
ACAX
0001261725
Chan Heng Fai Ambrose
9 TEMASEK BOULEVARD #16-04
SUNTEC TOWER TWO
SINGAPORE
U0
038989
SINGAPORE
1
1
1
0
Chief Executive Officer
0
Class A Common Stock
2023-08-03
4
P
0
5000
7.63
A
5000
D
Class A Common Stock
2023-08-03
4
P
0
8000
7.72
A
13000
D
Class A Common Stock
2023-08-04
4
P
0
10
7.00
A
13010
D
Class A Common Stock
2023-08-03
4
P
0
15000
7.66
A
521269
I
See Footnote
Class A Common Stock
2023-08-03
4
P
0
3871
7.72
A
525140
I
See Footnote
Class A Common Stock
2023-08-04
4
P
0
400
7.40
A
525540
I
See Footnote
On August 3, 2023, the reporting person directly acquired 5,000 shares of the Issuer's Class A Common Stock. This transaction was executed in multiple trades at prices ranging from $6.71 to $8.12. The price reported above reflects the weighted average purchase price. 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.
On August 3, 2023, the reporting person directly acquired 8,000 shares of the Issuer's Class A Common Stock. This transaction was executed in multiple trades at prices ranging from $6.85 to $8.275. The price reported above reflects the weighted average purchase price. 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.
On August 4, 2023, the reporting person directly acquired 10 shares of the Issuer's Class A Common Stock at $7.00 per share.
On August 3, 2023, Alset Inc. acquired 15,000 shares of the Issuer's Class A Common Stock. This transaction was executed in multiple trades at prices ranging from $6.84 to $8.36. The price reported above reflects the weighted average purchase price. 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.
On August 3, 2023, Alset Inc. acquired 3,871 shares of the Issuer's Class A Common Stock. This transaction was executed in multiple trades at prices ranging from $6.68 to $8.00. The price reported above reflects the weighted average purchase price. 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.
On August 4, 2023, Alset Inc. acquired 400 shares of the Issuer's Class A Common Stock. This transaction was executed in multiple trades at prices ranging from $7.24 to $7.78. The price reported above reflects the weighted average purchase price. 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 51,790 shares of common stock held directly by Alset Inc., over which Mr. Chan may be deemed to possess beneficial ownership as the Chief Executive Officer and Chairman of Alset Inc., Alset Acquisition Sponsor, LLC (the "Sponsor") beneficially owns 473,750 shares of the Issuer's Class A Common Stock. As Chief Executive Officer of the sole member of the Sponsor, and as the Chief Executive Officer and control person of the entities which own the Sponsor's sole member, Mr. Chan may be deemed to possess beneficial ownership of the securities held of record by the Sponsor. Therefore, Mr. Chan beneficially owns 525,540 shares of the Class A Common Stock of Alset Capital Acquisition Corp. Mr. Chan disclaims any such beneficial ownership except to the extent of his pecuniary interest. Such shares are in addition to the 13,010 shares of the Issuer's Class A Common Stock Mr. Chan owns directly.
In addition to the Class A Common Stock described above, the Sponsor also owns 2,156,250 shares of Class B Common Stock, which will automatically convert into shares of Class A Common Stock upon the completion of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments.
/s/ Chan Heng Fai Ambrose
2023-08-07