STOCK TITAN

Aegis Capital Corp. acted as Sole Bookrunner on a $30 Million Public Offering of Common Stock for Alset EHome International Inc. (NASDAQ: AEI)

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Alset EHome International Inc. (NASDAQ:AEI) recently announced a public offering of common stock, raising $30 million through Aegis Capital Corp. as the sole bookrunner. The funds will support the company's vision of promoting sustainable living via EHome communities, property development, and health-focused services. Chairman and CEO Heng Fai Chan, with extensive corporate restructuring experience, aims to enhance liquidity and shareholder value. This capital infusion is expected to drive long-term growth in AEI's diversified business operations.

Positive
  • Successfully raised $30 million through a public offering.
  • Funds will be utilized to enhance sustainable living initiatives and ecosystem.
  • Experienced leadership with a track record of restructuring corporations.
Negative
  • None.

NEW YORK, NY / ACCESSWIRE / December 8, 2021 / Aegis Capital Corp. acted as Sole Bookrunner on a $30 Million Public Offering of Common Stock for Alset EHome International Inc. (NASDAQ:AEI).

Alset EHome International Inc.

Alset EHome International is a diversified holding company executing on its vision to accelerate sustainable healthy living with a focus on the development of EHome communities and other property development, financial services, digital transformation technologies, biohealth activities and consumer products. Through its operating subsidiaries, AEI's mission is to provide a healthy living ecosystem that drives long-term exponential growth, building liquidity and value for shareholders. AEI is led by its chairman and CEO, Heng Fai Chan, a successful global business veteran of more than 40 years specializing in corporate transformation while managing risk. Over his distinguished career, Heng Fai Chan has successfully restructured more than 35 corporations with a combined value of $25 billion.

For more information please visit: https://www.alsetehomeintl.com

Alset International Limited Completes Seeding of the First ...

About Aegis Capital Corporation

Aegis Capital Corporation ("Aegis") has been in the wealth management and investment banking business since 1984. Aegis is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis also provides research and sales and trading services to institutional investors. Aegis offers its investment representatives a conflict free service platform and is able to provide a full-range of products and services including investment banking, wealth management, insurance, retirement planning, structured products, private equity, alternatives, equity research, fixed income and special purpose vehicles.

For more information about this offering or Investment Banking Services please email Banking@aegiscap.com or call (212) 813-1010.

Shape, logoDescription automatically generated

www.aegiscapcorp.com

Brokerage and investment advisory services are offered through Aegis Capital Corporation, a member of FINRA and SIPC. Investment and insurance products offered are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

SOURCE: Aegis Capital Corp.



View source version on accesswire.com:
https://www.accesswire.com/676583/Aegis-Capital-Corp-acted-as-Sole-Bookrunner-on-a-30-Million-Public-Offering-of-Common-Stock-for-Alset-EHome-International-Inc-NASDAQ-AEI

FAQ

What was the amount raised by Alset EHome International in the public offering?

Alset EHome International raised $30 million in its recent public offering.

Who acted as the sole bookrunner for Alset EHome's public offering?

Aegis Capital Corp. acted as the sole bookrunner for the public offering.

What will Alset EHome International do with the funds raised from the public offering?

The funds will support the company's initiatives in sustainable living, property development, and health-related services.

Who is the CEO of Alset EHome International?

The CEO of Alset EHome International is Heng Fai Chan.

What is the focus of Alset EHome International's business?

Alset EHome International focuses on sustainable living, property development, financial services, and digital transformation technologies.

Alset Inc.

NASDAQ:AEI

AEI Rankings

AEI Latest News

AEI Stock Data

10.16M
3.07M
53.52%
2.74%
0.04%
Real Estate - Development
Real Estate
Link
United States of America
BETHESDA