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HF Enterprises (NASDAQ:HFEN) has announced a name change to Alset EHome International, effective February 5, 2021. This rebranding aims to highlight the company’s focus on sustainable living solutions, particularly in property development and biohealth sectors. The new ticker symbol on Nasdaq will be AEI. Chairman Chan Heng Fai stated this strategic move is aligned with capitalizing on innovative business opportunities in environmentally friendly housing and communities.
HF Enterprises (NASDAQ:HFEN) announced a binding term sheet for four strategic investments aimed at positioning the company for future growth. The proposed investments include warrants to purchase 1.5 billion shares of Alset International Limited, acquisition of LiquidValue Development Pte Ltd, purchase of 62 million shares in True Partners Capital Holding Limited, and acquiring 86.4% of American Pacific Bancorp Inc.. These moves are intended to establish a synergistic ecosystem that targets disruptive market opportunities across various sectors.
WestPark Capital, Inc. announced the successful closing of HF Enterprises, Inc.'s Initial Public Offering (IPO) of 2,160,000 shares at $7.00 per share, generating approximately $15.1 million in gross proceeds. The registration statement for the shares was declared effective by the SEC on November 12, 2020. WestPark Capital served as Co-Manager for this offering. The IPO aims to support HF Enterprises' diversified holdings which include property development, digital transformation technology, and biohealth activities across multiple countries including the U.S., Singapore, and Australia.
HF Enterprises Inc. (NASDAQ:HFEN) has successfully closed its initial public offering, selling 2,160,000 shares at a price of $7.00 per share, generating approximately $15.1 million in gross proceeds. The offering was managed by Aegis Capital Corp. as the lead book-running manager, with WestPark Capital, Inc. serving as co-manager. The SEC declared the related registration statement effective on November 12, 2020. The funds will assist in advancing the company's diversified business, which includes property development, digital transformation technology, and biohealth activities.
HF Enterprises Inc. (NASDAQ:HFEN) announced the pricing of its initial public offering, offering 2,160,000 shares at $7.00 each, aiming for gross proceeds of $15,120,000. Aegis Capital Corp. is the lead manager, with a 60-day option for an additional 15% of shares for over-allotments. Trading is set to commence on November 24, 2020. The company is engaged in property development, digital transformation technology, and biohealth activities, operating internationally through various subsidiaries.
