Current Report Filing (8-k)
January 25 2022 - 3:22PM
Edgar (US Regulatory)
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0001750106
2022-01-25
2022-01-25
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xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): January 25, 2022
ALSET
EHOME INTERNATIONAL INC.
(Exact
name of registrant as specified in its charter)
|
Delaware
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001-39732
|
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83-1079861
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(State
or other jurisdiction
of
incorporation)
|
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(Commission
File
Number)
|
|
(IRS
Employer
Identification
No.)
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|
4800
Montgomery Lane
Suite
210
Bethesda,
Maryland 20814
|
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20814
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code: (301) 971-3940
Not
Applicable
(Former
name or former address, if changed since last report.)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
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☐
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities
registered pursuant to Section 12(b) of the Act:
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Title
of each class
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Ticker
symbol(s)
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Name
of each exchange on which registered
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Common
Stock, $0.001 par value per share
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AEI
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The
Nasdaq Stock Market LLC
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Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
1.01. Entry into a Material Definitive Agreement.
On January 25, 2022, Alset EHome International Inc.
(the “Company”) entered into a stock purchase agreement with DSS, Inc. (“DSS”),
pursuant to which the Company agreed to purchase 44,619,423 shares of DSS’s common stock (the “DSS Shares”) for a purchase
price of $0.3810 per share. The Company and its various subsidiaries are collectively the
largest shareholder of DSS. Mr. Chan is the Executive Chairman of DSS and a significant shareholder of DSS. The issuance of the DSS Shares
will be subject to the approval of the NYSE American and DSS’s shareholders. The Company intends to obtain the approval of its shareholders
for the closing of the transactions contemplated by the DSS Agreement if required by Nasdaq. The
foregoing summary of the DSS Agreement is qualified in its entirety by reference to the DSS Agreement attached hereto as Exhibit 10.1
and which is incorporated herein by reference.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Form 8-K to be signed on its behalf by
the undersigned hereunto duly authorized.
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ALSET
EHOME INTERNATIONAL INC.
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Dated:
January 25, 2022
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By:
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/s/
Rongguo Wei
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Name:
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Rongguo
Wei
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Title:
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Co-Chief
Financial Officer
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