0001493152-24-003117.txt : 20240119
0001493152-24-003117.hdr.sgml : 20240119
20240119195705
ACCESSION NUMBER: 0001493152-24-003117
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240109
FILED AS OF DATE: 20240119
DATE AS OF CHANGE: 20240119
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Alset International Ltd
CENTRAL INDEX KEY: 0001660984
ORGANIZATION NAME:
STATE OF INCORPORATION: U0
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41254
FILM NUMBER: 24546857
BUSINESS ADDRESS:
STREET 1: 10 WINSTEDT ROAD #02-02
CITY: SINGAPORE
STATE: U0
ZIP: 227977
BUSINESS PHONE: 65 633391181
MAIL ADDRESS:
STREET 1: 10 WINSTEDT ROAD #02-02
CITY: SINGAPORE
STATE: U0
ZIP: 227977
FORMER NAME:
FORMER CONFORMED NAME: Singapore Edevelopment Ltd
DATE OF NAME CHANGE: 20151214
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Alset Inc.
CENTRAL INDEX KEY: 0001750106
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500]
ORGANIZATION NAME: 05 Real Estate & Construction
STATE OF INCORPORATION: TX
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41254
FILM NUMBER: 24546858
BUSINESS ADDRESS:
STREET 1: 4800 MONTGOMERY LANE
STREET 2: SUITE 210
CITY: BETHESDA
STATE: MD
ZIP: 20814
BUSINESS PHONE: 3019713955
MAIL ADDRESS:
STREET 1: 4800 MONTGOMERY LANE
STREET 2: SUITE 210
CITY: BETHESDA
STATE: MD
ZIP: 20814
FORMER NAME:
FORMER CONFORMED NAME: Alset EHome International Inc.
DATE OF NAME CHANGE: 20210205
FORMER NAME:
FORMER CONFORMED NAME: HF Enterprises Inc.
DATE OF NAME CHANGE: 20180814
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: HWH International Inc.
CENTRAL INDEX KEY: 0001897245
STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-DRUGS PROPRIETARIES & DRUGGISTS' SUNDRIES [5122]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 873296100
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
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
FORMER COMPANY:
FORMER CONFORMED NAME: Alset Capital Acquisition Corp.
DATE OF NAME CHANGE: 20211203
3
1
ownership.xml
X0206
3
2024-01-09
0
0001897245
HWH International Inc.
HWH
0001750106
Alset Inc.
ALSET INC.
4800 MONTGOMERY LANE, SUITE 210
BETHESDA
MD
20814
0
0
1
0
0001660984
Alset International Ltd
9 TEMASEK BOULEVARD #16-04
SUNTEC TOWER TWO
SINGAPORE
U0
038989
SINGAPORE
0
0
1
0
Common Stock
10900000
I
See Footnote
Common Stock
2677375
I
See Footnote
Warrants
11.50
2024-02-08
2029-01-09
Common Stock
236875
I
I
On January 9, 2024, the Issuer completed a business combination. Under the terms of the business combination, all of the issued and outstanding Class A and Class B Common Stock of the Issuer, converted into shares of Common Stock of the Issuer. The Issuer, formerly known as Alset Capital Acquisition Corp. is now known as HWH International Inc.
In connection with the business combination, 10,900,000 shares of the Issuer's common stock were issued to Alset International Limited, a Singapore company, as merger consideration. Alset Inc. may be deemed to possess beneficial ownership of these shares as the majority stockholder of Alset International Limited.
In connection with the business combination, 2,156,250 shares of Alset Class B Common Stock held by Alset Capital Acquisition Sponsor, LLC (the "Sponsor") were converted into 2,156,250 shares of the Issuer's common stock. As the majority owner of the Sponsor, Alset Inc. may be deemed to possess beneficial ownership of these shares.
On February 3, 2022, the Sponsor purchased 473,750 units (the "Private Placement Units") pursuant to a private placement. Each Private Placement Unit consisted of one share of Class A common stock, one-half of one warrant and one right entitling the holder to receive one tenth (1/10) of one share of Common Stock. In connection with the business combination, the rights held by the Sponsor were converted into 47,375 shares of the Issuer's common stock, the Class A shares became 473,750 shares of common stock, and the Sponsor holds warrants to purchase 236,875 shares of the Issuer's common stock.
As Chairman, Chief Executive Officer and majority stockholder of Alset Inc., and Chairman and Chief Executive Officer of Alset International Limited, Heng Fai Ambrose Chan may be deemed to possess beneficial ownership of the securities held by the Sponsor and Alset International Limited.
Alset Inc. /s/ Heng Fai Ambrose Chan, Chief Executive Officer
2024-01-19
Alset International Limited /s/ Heng Fai Ambrose Chan, Chief Executive Officer
2024-01-19