Aegis Capital Corp. Acted as Sole Bookrunner on a $32 Million Underwritten Public Offering of Units for Alset EHome International Inc. (NASDAQ:AEI)

Rhea-AI Summary

Aegis Capital Corp. has completed a $32 million underwritten public offering of units for Alset EHome International Inc. (NASDAQ:AEI). This offering aims to support Alset's ongoing efforts in land development, home building, and property management, focusing on providing affordable smart homes. By integrating advanced technologies, the company continues to pursue its vision of a Sustainable Healthy Living System, including plans for a REIT to generate long-term income.

Positive

• Completion of a $32 million public offering aids in expanding Alset's land development and property management initiatives.
• Potential for long-term income generation through the planned REIT.

Negative

• None.

NEW YORK, NY / ACCESSWIRE / May 13, 2021 / Aegis Capital Corp. acted as Sole Bookrunner on a $32 Million Underwritten Public Offering of Units for Alset EHome International Inc. (NASDAQ:AEI).

About Alset EHome International Inc.

Alset specializes in land development, home building, sales and rental, and property management. Alset EHome International Inc. provides quality designer homes with integrated smart technologies at affordable prices. The focus of the company is on building a Sustainable Healthy Living System including a REIT for long-term income.

About Aegis Capital Corp.

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.

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

www.aegiscapcorp.com

This communication has been prepared by Aegis Capital Corporation for distribution to Aegis Capital Corporation's clientele. This communication is not intended for public dissemination and the recipient is prohibited from sharing this information. This communication has been prepared for institutional - accounts, as defined within FINRA Rule 4512(c), who (1) are capable of evaluating investment risks independently, both in general and with regard to all transactions and investment strategies involving a security or securities; and (2) will exercise independent judgment in evaluating the recommendations of any broker - dealer or its associated persons. This communication is not a product of Aegis Capital Corporation Research Department. Aegis Capital Corporation., Member FINRA, SIPC

SOURCE: Aegis Capital Corp.

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FAQ

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

Alset EHome International Inc. raised $32 million in an underwritten public offering.

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

Aegis Capital Corp. acted as the Sole Bookrunner for Alset EHome International Inc.'s public offering.

What is the purpose of the funds raised from Alset EHome's public offering?

The funds are intended to support Alset EHome's land development, home building, and property management initiatives.

How does Alset EHome plan to generate long-term income?

Alset EHome plans to create a REIT as part of its strategy for long-term income generation.