News & Events

Termination of a Material Definitive Agreement. The information included in

Entry into a Material Definitive Agreement. Termination Agreement Relating to Purchase of Shares of Hapi Metaverse Inc. On February 5, 2026, Alset Inc. (the “Company”) entered into a term sheet (the “Term Sheet”), with HWH International Inc., a Nevada company (“HWH”). The Company, directly and through subsidiaries, owns a majority of HWH’s common stock. Pursuant to the Term Sheet, the Company agreed sell to HWH 505,341,376 issued and outstanding shares of common stock, par value $0.0001 (the…

Entry into a Material Definitive Agreement. Securities Purchase Agreement with DSS Inc. On March 26, 2026, Alset International Limited (“AIL”), a majority-owned subsidiary of Alset Inc. (the “Company”) entered into a securities purchase agreement (the “SPA”) with DSS, Inc., a New York company (“DSS”) pursuant to which AIL will loan DSS $2,450,000, in exchange for a convertible promissory note (the “Note”) and warrants to purchase 16,554,055 shares of DSS common stock (the “Warrants”). The Not…

Entry into a Material Definitive Agreement. Binding Term Sheet for Sale of Shares of Hapi Metaverse Inc. On February 5, 2026, Alset Inc. (“Alset”) entered into a term sheet (the “Term Sheet”), with HWH International Inc., a Nevada company (the “Buyer”), a majority owned subsidiary of Alset. Pursuant to the Term Sheet, Alset agreed to sell to the Buyer 505,341,376 issued and outstanding shares of common stock, par value $0.0001 (the “Shares”), of Hapi Metaverse Inc. (“Hapi Metaverse”), represe…

Regulation FD Disclosure Amendment to Share Repurchase Agreement On September 29, 2025, the Board of Directors (the “Board”) of Alset Inc. (the “Company”) approved an increase to the Company’s existing stock repurchase program. Under the Company’s existing stock repurchase agreement, the Company has bought back 284,462 shares of the Company’s common stock, for approximately $392,000, including certain fees. The amendment to the stock repurchase program authorizes the Company to repurchase up…

Changes in Registrant’s Certifying Accountant. On July 2, 2025, the Board of Directors of Alset Inc. (the “Company”) dismissed Grassi & Co., CPAs, P.C. (“Grassi”) as its independent registered public accounting firm at the recommendation of the Audit Committee. Grassi’s audit report on the Company’s financial statements for the years ended December 31, 2024 and 2023 did not contain an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope…

Regulation FD Disclosure Stock Repurchase Program On June 23, 2025, Alset Inc. (the “Company”) issued a press release announcing that the Company’s Board of Directors approved a new stock repurchase program authorizing the repurchase of up to $1,000,000 of its common stock. Repurchases may be made under the plan until the $1,000,000 made available is spent or until December 31, 2025. The Company has authorized its broker to implement this repurchase program and agreed that such broker will ha…

Entry into a Material Definitive Agreement. Stock Purchase Agreement and Convertible Promissory Note As previously reported in the Company’s current report on Form 8-K filed with the SEC on May 14, 2025, Alset Inc. (the “Company”) entered into an amended term sheet (the “Amended Term Sheet”) on May 8, 2025, with Chan Heng Fai (the “Seller”), the Chairman of the Board of Directors, Chief Executive Officer and largest stockholder of the Company. Pursuant to the Amended Term Sheet, the Company a…

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of Registrant. The information contained in

In connection with the issuance of the common stock of the Company which may be issued upon the conversion of the Convertible Note, the Company relied upon the exemption from registration provided by Section 4(a)(2) under the Securities Act of 1933, as amended, for transactions not involving a public offering.

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On May 13, 2025, Alset Inc. (the “Company”) received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, because the closing bid price for the Company’s common stock listed on Nasdaq was below $1.00 for 30 consecutive trading days, the Company no longer meets the minimum bid price requirement for continued listi…

Entry into a Material Definitive Agreement. Amendment to Term Sheet for Acquisition of New Energy Asia Pacific Inc. On December 13, 2023, Alset Inc. (the “Company”) entered into a term sheet with Chan Heng Fai (the “Seller”), the Chairman of the Board of Directors, Chief Executive Officer and largest stockholder of the Company. The Company had agreed to purchase from the Seller all of the issued and outstanding shares of New Energy Asia Pacific Inc. (“NEAPI”), a corporation incorporated in th…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 15, 2025, the Board of Directors (the “Board”) of Alset Inc. (the “Company”) awarded the Company’s Chairman and Chief Executive Officer, Chan Heng Fai, 1,000,000 restricted shares of the Company’s common stock (the “Shares”). The Shares were granted to Mr. Chan as compensation for services rendered to the Company pursuant to the terms of t…