Recent Updates — AEI

Alset Inc. received a notification from Nasdaq that its common stock no longer meets the Minimum Bid Price Requirement because the closing bid price was below $1.00 for 30 consecutive trading days. The company has until April 26, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days. Alset previously announced an intent to effect a reverse stock split of 1-for-5 and anticipates announcing the timing in the immediate future. The company operates in the investment management sector.

Alset Inc. entered into a securities purchase agreement with DSS, Inc. on June 23, 2026, providing a $1,000,000 loan to DSS, Inc. in exchange for a convertible promissory note and warrants to purchase 17,777,776 shares of DSS common stock at $0.50 per share. The Note is payable upon demand and bears 3% simple interest per annum, with a conversion option to DSS common stock at $0.45 per share. The transaction involves related-party transactions under the common control of Alset Inc.'s Chairman and CEO, Chan Heng Fai. Alset Inc. operates in the technology and investment management sector.