Alset Inc 8-K, filed Feb 4, 2021
Alset Inc. (AEI)
8-K
2021-02-04
For: 2021-01-29
View Original
Added on
April 11, 2026
About this 8-K
Alset Inc filed this 8-K on February 4, 2021, reporting on events of January 29, 2021.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 29,
2021
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HF ENTERPRISES INC.
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(Exact
name of registrant as specified in its charter)
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Delaware
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001-39732
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83-1079861
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(State
of incorporation or organization)
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(Commission
File
Number)
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(IRS
Employer Identification No.)
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4800 Montgomery Lane, Suite 210
Bethesda, Maryland 20814
(Address of principal executive offices) (Zip
Code)
Registrant’s
telephone number, including area code (301) 971-3940
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):
☐ Written
communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
☐ Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
☐ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
☐ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
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Title of Each Class
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Trading Symbol(s)
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Name of Each Exchange on Which Registered
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Common
Stock, $0.001 par value
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HFEN
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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
5.02
Departure
of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
On
January 29, 2021, the Board of Directors of HF Enterprises Inc.
(the “Company”), at the recommendation of the
Compensation Committee of the Company’s Board of Directors,
set the annual cash compensation for each member of the
Company’s Board of Directors at Twelve Thousand U.S. Dollars
($12,000) per year.
Item
8.01
Other
Events.
On
February 4, 2021, the Company issued a press release announcing the
Company’s intention to change its name to “Alset EHome
International Inc.” A copy of the press release is attached
hereto as Exhibit 99.1, and is incorporated herein by
reference.
Item
9.01
Financial
Statements and Exhibits.
(d)
Exhibits.
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Exhibit Number
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Exhibit
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Press Release dated
February 4, 2021.
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SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
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HF ENTERPRISES INC.
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Date:
February 4, 2021
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By:
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/s/ Rongguo Wei
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Name:
Rongguo Wei
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Title:
Co-Chief Financial Officer
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Exhibit
99.1
HF Enterprises Inc. to Change Name to Alset EHome International
Inc.
Thursday,
February 4, 2021 9:00 AM
BETHESDA, MD / ACCESSWIRE / February 4, 2021 / HF
Enterprises Inc. (NASDAQ:HFEN) (the "Company"), a diversified
holding company principally engaged through its subsidiaries in
property development, digital transformation technology and
biohealth activities, today announced that the Company will be
changing its name to Alset EHome International Inc., effective
Friday, February 5, 2021. In connection with this name change, the
Company’s new symbol on The Nasdaq Capital Market will be
AEI. This new symbol is expected to be effective on Friday,
February 5, 2021.
"We are
strategically positioning our Company to capitalize on disruptive
and innovative business opportunities across a variety of
industries," stated the Company’s Chairman and Chief
Executive Officer, Mr. Chan Heng Fai. "Our Company’s new name
will emphasize for all our potential investors and partners where
our main focus will be- on creating the environmentally friendly
homes and sustainable communities of the future."
About HF Enterprises Inc.
HF
Enterprises Inc. is a diversified holding company principally
engaged through its subsidiaries in property development, digital
transformation technology and biohealth activities with operations
in the United States, Singapore, Hong Kong, Australia and South
Korea. The Company's vision is to accelerate sustainable healthy
living. The Company's mission is to provide a healthy living
ecosystem, encompassing housing, transport, energy, alternative
healthy food and biohealth products.
Investor Contact:
Dave
Gentry, CEO
RedChip
Companies Inc.
407-491-4498
Dave@redchip.com
Forward-Looking Statement Disclaimer
Statements
in this press release contain "forward-looking statements" that are
subject to substantial risks and uncertainties. All statements,
other than statements of historical fact, contained in this press
release are forward-looking statements. Forward-looking statements
contained in this press release may be identified by the use of
words such as "anticipate," "believe," "contemplate," "could,"
"estimate," "expect," "intend," "seek," "may," "might," "plan,"
"potential," "predict," "project," "target," "aim," "should,"
"will" "would," or the negative of these words or other similar
expressions, although not all forward-looking statements contain
these words. Forward-looking statements are based on HF Enterprises
Inc.'s current expectations and are subject to inherent
uncertainties, risks and assumptions that are difficult to predict.
Further, certain forward-looking statements are based on
assumptions as to future events that may not prove to be accurate.
Forward-looking statements contained in this announcement are made
as of this date, and HF Enterprises Inc. undertakes no duty to
update such information except as required under applicable
law.
SOURCE: HF Enterprises Inc.