Welcome to our dedicated page for ALSET news (Ticker: AEI), a resource for investors and traders seeking the latest updates and insights on ALSET stock.
ALSET INC (AEI) delivers innovative solutions at the intersection of sustainable real estate, digital transformation, and biohealth advancements. This news hub provides investors and stakeholders with timely updates on corporate developments, strategic initiatives, and market positioning across the company's diversified portfolio.
Access official press releases, earnings reports, and operational updates related to AEI's EHome communities, digital innovation projects, and biohealth research. Our curated collection ensures you stay informed about partnership announcements, regulatory filings, and sustainability milestones driving the company's mission to redefine healthy living ecosystems.
Key focus areas include real estate expansion updates, technology integration progress, and biohealth product developments. Bookmark this page for direct access to primary source materials and analysis of how AEI's integrated business model responds to evolving market demands in multiple global regions.
Alset Inc. (NASDAQ: AEI) has announced its strategic entry into the robotics sector through a majority stake in Alset Robot Inc. The company aims to deliver service solutions and offer products from established robotics manufacturers across multiple markets.
Alset Robot will operate through three business lines:
- Service Robots for commercial applications in food, hospitality, offices, and malls
- Humanoid Robots targeting future domestic markets
- Companion Robots for elderly and children, featuring educational and interactive functionalities
The initiative focuses on comprehensive product offerings, targeted marketing strategies, and specialized service support across healthcare, logistics, retail, and hospitality sectors. The company plans to establish strategic partnerships with robotics manufacturers to expand its marketing and service operations.
Alset Inc. (NASDAQ: AEI) has successfully closed its previously announced registered direct offering, raising approximately $1.5 million through the sale of 1,500,000 shares of common stock at $1.00 per share. The offering, which closed on January 3, 2025, was priced at-the-market under Nasdaq rules.
The company, which operates in the United States, Singapore, Hong Kong, and South Korea, plans to use the net proceeds for general corporate purposes and working capital. The offering was conducted through Aegis Capital Corp. as the exclusive placement agent and was made pursuant to an effective shelf registration statement previously filed with the SEC.
Alset (NASDAQ: AEI) has announced a $1.5 million registered direct offering with institutional investors, priced at $1.00 per share under Nasdaq rules. The offering includes 1,500,000 shares of common stock or pre-funded warrants. The pre-funded warrants are priced at $0.999 with a $0.001 exercise price and will be immediately exercisable.
The transaction is expected to close around January 3, 2025. Aegis Capital Corp. is serving as the exclusive placement agent, with proceeds intended for general corporate purposes and working capital. The offering is being conducted through an effective shelf registration statement previously filed with the SEC.
Aegis Capital Corp. has successfully completed a $3.8 million underwritten public offering for Alset Inc. (NASDAQ:AEI) as the sole bookrunner. The offering aims to support Alset's diversified operations, focusing on sustainable living through the development of EHome communities and other ventures in property development, financial services, digital transformation technologies, biohealth, and consumer products. This strategic funding is expected to enhance shareholder value and promote long-term growth.
Alset Inc. (NASDAQ:AEI) announced the completion of an underwritten public offering, generating approximately $3.8 million in gross proceeds. The offering included 1,727,273 shares priced at $2.20 per share. These funds are designated for general working capital. Chairman Chan Heng Fai acquired $1.2 million worth of shares in this offering. The offering was conducted under an effective shelf registration statement and managed by Aegis Capital Corp. The Company aims to promote sustainable living through the development of EHome communities and other ventures.
Alset Inc. (NASDAQ:AEI) has priced an underwritten public offering of 1,727,273 shares of common stock at $2.20 per share, aiming to raise gross proceeds of $3.8 million. The offering includes a 45-day option for the underwriter, Aegis Capital Corp., to purchase an additional 212,863 shares. The company intends to utilize the net proceeds for general working capital. The closing is anticipated on February 8, 2023, subject to customary conditions. This offering follows an effective shelf registration statement with the SEC, enhancing AEI's capital structure.
Alset Inc. (NASDAQ:AEI) announced its intention to launch a firm commitment public offering of common stock. The underwriter will have a 45-day option to purchase an additional 15% of the shares at the offering price. The net proceeds will be allocated to general working capital. This offering, subject to market conditions, follows an effective shelf registration statement with the SEC (No. 333-264234). Aegis Capital Corp. serves as the sole book-running manager. AEI aims to enhance sustainable living through its various business ventures including real estate and digital transformation technologies.
Alset EHome International Inc. (NASDAQ: AEI) will change its name to Alset Inc. and reincorporate from Delaware to Texas, effective October 4, 2022. This strategic shift, approved by stockholders, is aimed at aligning the brand with the company’s growth opportunities across various sectors. Alongside the name change, AEI announced three new Board members, enhancing its leadership with expertise in real estate and business development. The company's corporate operations and headquarters will remain unchanged, with the stock symbol staying as AEI.
Alset EHome International (NASDAQ:AEI) reported a 21.9% revenue increase for FY2021, reaching approximately $19.8 million, up from $16.2 million in FY2020. This growth was driven by its biohealth sector and rental income. The company's cash more than doubled to $56.1 million, and real estate assets rose to $40.5 million, a 97.6% increase. However, substantial accounting charges related to related party transactions and unrealized investment losses impacted operating results, totaling around $100 million in charges, though these were non-cash and did not affect net assets.
