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Recent Updates — HWH

September 11, 2026View Source ↗

HWH International Inc. entered into a Stock Purchase Agreement to acquire all shares of Hearty Nova Limited for $1.00 from majority stockholder Smart Dynamics Technology Limited. Hearty Nova holds a 51% stake in China Gas Africa Clean Energy Investment Holdings Limited, a joint venture with China Gas Holdings Limited intended to develop a natural gas processing plant in Nigeria. The Company anticipates investing US$1,173,000 in the JV through Hearty Nova. Additionally, the Board approved changing the company's name from HWH International Inc. to EnerSyn Global Inc. to reflect expansion into global energy resources and digitalization infrastructure. Previously, the Company regained compliance with Nasdaq’s minimum stockholders’ equity requirement following a $10 million capital raise from Smart Dynamics in August 2026.

September 1, 2026View Source ↗

On September 1, 2026, Chan Heng Fai resigned as Chairman and CEO of HWH International Inc., effective immediately. Liu Ming Hui was appointed Executive Chairman and Dr. Liu Ming Xing was appointed Chief Executive Officer. Mr. Chan will remain on the Board of Directors. The new leadership team includes board member Liu Chang (Cathy), daughter of Mr. Liu Ming Hui, who is also the owner of Smart Dynamics Technology Limited, the Company’s majority stockholder. This transition follows a $10 million equity financing completed on August 10, 2026, in which Smart Dynamics purchased 20,000,000 shares and warrants for up to 160,000,000 additional shares. HWH International Inc. operates as a lifestyle company focused on health, wealth, and happiness through its Hapi ecosystem.

August 10, 2026View Source ↗

HWH International Inc. closed a $10,000,000 PIPE transaction with Smart Dynamics Technology Limited on August 10, 2026, issuing 20,000,000 shares of common stock and warrants to purchase up to 160,000,000 additional shares at an exercise price of $0.63 per share. The transaction resulted in a change of control, with Smart Dynamics becoming the largest shareholder holding approximately 67.3% of outstanding shares, displacing former majority holder Alset Inc., which retained 18.6%. Smart Dynamics was granted the right to appoint three directors—Liu Chang, Liu Ming Xing, and Liu Ming Hui—to the Board, increasing its size from five to eight members. Concurrently, the Company awarded 2,000,000 shares of restricted stock to directors, officers, and consultants on August 7, 2026. The company operates in the energy sector.

July 29, 2026View Source ↗

HWH International Inc. disclosed that Nasdaq granted an extension to regain compliance with the minimum stockholders' equity requirement for continued listing on the Nasdaq Capital Market, following a deficiency identified in its March 31, 2026 quarterly report. The company must provide evidence of compliance by August 31, 2026, and upon filing its September 30, 2026 periodic report. To remedy the equity shortfall, HWH completed two transactions: a $500,000 sale to Alset Inc. closing June 9, 2026, and a Securities Purchase Agreement with Smart Dynamics Technology Limited for $10 million in common stock and warrants, which closed after Nasdaq's extension was secured. The filing notes that the listing status letter has no immediate effect on trading or operations. HWH International Inc. operates in the technology sector.

June 9, 2026View Source ↗

HWH International Inc. entered into a Securities Purchase Agreement with Smart Dynamics Technology Limited for a $10,000,000 PIPE transaction involving 20,000,000 shares of common stock and warrants to purchase up to 160,000,000 shares at $0.63 per share. The company also entered into a Stock Purchase Agreement with its majority shareholder, Alset Inc., for the purchase of 250,000 shares at $2.00 per share for a total of $500,000. HWH International Inc. operates in the technology and investment sector.