Alset EHome International Inc. Closes $30.0 Million Underwritten Public Offering of Common Stock

Dec 08, 2021

BETHESDA, MD / ACCESSWIRE / December 8, 2021 / Alset EHome International Inc. (NASDAQ:AEI) ("AEI" or the "Company"), a diversified holding company principally engaged through its subsidiaries in the development of EHome communities and other property development, financial services, digital transformation technologies, biohealth activities and consumer products, today announced that it has completed an underwritten public offering ("the Offering") of 18,923,334 shares ("Shares") of common stock, par value $0.001 per share ("Common Stock"), at a price to the public of $0.60 per Share, and pre-funded warrants to purchase 31,076,666 shares of Common Stock at a price of $0.599 per pre-funded warrant. The pre-funded warrants have an exercise price of $0.001 per share.

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