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DIRECTORS AND EMPLOYEES’ BENEFITS
9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]  
DIRECTORS AND EMPLOYEES’ BENEFITS

14. DIRECTORS AND EMPLOYEES’ BENEFITS

 

Alset International Stock Option plans

 

On November 20, 2013, Alset International approved a Stock Option Plan (the “2013 Plan”). Employees, executive directors, and non-executive directors (including the independent directors) are eligible to participate in the 2013 Plan.

 

The following tables summarize stock option activity under the 2013 Plan for the year ended December 31, 2023 and nine months ended September 30, 2024:

 

   Options for Common Shares   Exercise Price   Remaining Contractual Term (Years)   Aggregate Intrinsic Value 
Outstanding as of January 1, 2023   1,061,333   $0.09    1.00   $- 
Vested and exercisable at January 1, 2023   1,061,333   $0.09    1.00   $- 
Granted   -    -           
Exercised   -    -           
Forfeited, cancelled, expired   (1,061,333)   0.09           
Outstanding as of December 31, 2023   -   $-    0.00   $- 
Vested and exercisable at December 31, 2023   -   $-    0.00   $- 
Granted   -    -           
Exercised   -    -           
Forfeited, cancelled, expired   -    -           
Outstanding as of September 30, 2024   -   $-    -   $- 
Vested and exercisable at September 30, 2024   -   $-    -   $-