8-K - AEI - Equibles

UNITEDSTATES

SECURITIESAND EXCHANGE COMMISSION

Washington,DC 20549

FORM8-K

CURRENTREPORT

Pursuantto Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 17, 2021

ALSET EHOME INTERNATIONAL INC.
(Exact<br> name of registrant as specified in its charter)
Delaware	001-39732	83-1079861
---	---	---
(State<br> of incorporation<br><br> <br>or<br> organization)	(Commission<br><br> <br>File<br> Number)	(IRS<br> Employer<br><br> <br>Identification<br> No.)

4800Montgomery Lane, Suite 210

Bethesda,Maryland 20814

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code (301) 971-3940

N/A

(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):

[ ]	Written<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]	Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]	Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]	Pre-commencement<br> 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:

Title of Each Class	Trading Symbol(s)	Name of Each Exchange on Which Registered
Common<br> Stock, $0.001 par value	AEI	The<br> Nasdaq Stock Market LLC

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 [X]

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. [ ]

Item7.01 Regulation FD Disclosure.

On June 21, 2021, Alset EHome International Inc. (the “Company”) issued a press release (the “Press Release”) describing some of the Company’s future plans relating to real estate development.

A copy of the Press Release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information contained in the Press Release shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”) or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. The furnishing of the information in the Press Release is not intended to, and does not, constitute a representation that such furnishing is required by Regulation FD or that the information contained in the Press Release constitutes material investor information that is not otherwise publicly available.

This Current Report on Form 8-K and exhibits may contain these types of statements, which are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, and which involve risks, uncertainties and reflect the Registrant’s judgment as of the date of this Current Report on Form 8-K. Forward-looking statements may relate to, among other things, operating results and are indicated by words or phrases such as “expects,” “should,” “will,” and similar words or phrases. These statements are subject to inherent uncertainties and risks that could cause actual results to differ materially from those anticipated at the date of this Current Report on Form 8-K. The Company disclaims any obligation to, and will not, update any forward-looking statements to reflect events or circumstances after the date hereof. Investors are cautioned not to rely unduly on forward-looking statements when evaluating the information presented within.

Item8.01 Other Events.

On June 17, 2021 the Company issued a press release announcing that the underwriter of its previously disclosed underwritten public offering exercised in full the over-allotment option after purchasing an additional 808,363 common shares at a price of $5.07 per common share. A copy of the press release is attached hereto and incorporated herein by reference in its entirety as Exhibit 99.2.

Item9.01 Financial Statements and Exhibits.

Number	Description
99.1	Press Release dated June 21, 2021
99.2	Press Release dated June 17, 2021

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.

	ALSET EHOME INTERNATIONAL INC.
Date:<br> June 23, 2021	By:	/s/ Rongguo Wei
	Name:	Rongguo<br> Wei
	Title:	Co-Chief<br> Financial Officer

Exhibit 99.1

AlsetEHome International Inc. will Deliver First 20 EHomes with Tesla PV Solar Panels, Powerwalls and EV Chargers in Houston Area

BETHESDA,MD / ACCESSWIRE / June 21, 2021 / Alset EHome Inc. a US-based property developer and a subsidiary of Alset EHome International Inc. (NASDAQ:AEI) (collectively “Alset”), is pleased to announce a strategic agreement with Tesla Inc. (“Tesla”) for an initial supply of Tesla PV Solar Panels, Powerwalls and EV Chargers to be installed at single-family homes (“Ehomes”). These Tesla products will be installed in 20 brand new, single-family homes at the Northpark Community in Porter, Texas. In addition to these 20 homes, Alset has 10 more homes under contract in the same community scheduled for closing at the end of this month. Moving forward, there are plans to acquire an additional 70 units in the Houston area, targeting a total of 100 Ehome deliveries in 2021.

In addition, as homes in the first phase of one of Alset’s flagship developments, Alset at Black Oak, are nearly sold-out, development on future phases is progressing well. Forging ahead, Alset strives to build a sustainable energy community with Ehomes featuring Tesla Solar PV Roof Panels, Tesla Powerwall and EV Chargers. A total of 650 homes are planned at this development, located in Magnolia, Texas, north of Houston.

The community will integrate a clean energy ecosystem encompassing housing, transport, and electricity; it will include an amenity center featuring organic, modular/vertical vegetable farming, a café, visitor residences, infant/childcare clubs, and social events venue. Future homes will be built with energy efficient platforms supporting clean, sterilized airflow and advanced communication systems. Aligning with the vision of building a community founded on a sustainable carbon footprint, each Alset Ehome will come with a Tesla vehicle to promote the use of electric vehicles for a sustainable lifestyle.

Charley MacKenzie, the US CEO of Alset Ehome, Inc., commented: “We are delivering what we believe will be the model housing ecosystem of the future. As more people look to make sustainable choices in their selection of homes, we are keen on making the transition for our customers the easiest it can be. This will also help accelerate the world’s transition to sustainable energy.”

“Our plan is to develop over 5,000 intelligently designed Ehomes in the next 3-5 years. We are excited to develop the communities of the future in close collaboration with Tesla. Tesla’s products are not only technologically superior but also aesthetically pleasing. In addition to our rollout in the US, we plan to expand our concept on a global scale,” stated Mr. Chan Heng Fai, Chairman and Chief Executive Officer of Alset EHome International Inc.

AboutAlset EHome Inc.

Alset EHome Inc. is principally engaged in developing, selling, managing, and leasing residential properties in the United States, and may expand from residential properties to other property types. Currently, its two flagship developments are Alset at Black Oak situated in Magnolia, Texas, north of Houston and Ballenger Run situated in Frederick County, Maryland USA. Together with partners including NVR, Inc. and Rausch Coleman Homes, over 750 homes have already been delivered at these two projects.

AboutAlset EHome International Inc.

Alset EHome International Inc. is a diversified holding company principally engaged through its subsidiaries in EHome development and digital transformation technology 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, healthy food and health products.

For more information, please visit: www.alsetehomeintl.com.

InvestorContact:

Dave Gentry, CEO

RedChip Companies Inc.

407-491-4498

Dave@redchip.com

Forward-LookingStatement 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 Alset EHome International Inc.’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. 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 Alset EHome International Inc. undertakes no duty to update such information except as required under applicable law.

SOURCE: Alset EHome International Inc.

Exhibit99.2

AlsetEHome International Inc. Announces Exercise and Closing of Underwriter’s Over-Allotment Option

BETHESDA,MD / ACCESSWIRE / June 17, 2021 / Alset EHome International Inc. (NASDAQ:AEI) (the “Company”), a diversified holding company principally engaged through its subsidiaries in property development, digital transformation technology and biohealth activities, today announced that the underwriter of its previously announced underwritten public offering has exercised, in full, its option after purchasing an additional 808,363 common shares at a price of $5.07 per common share. Total gross proceeds to the Company from the offering, including the funds received from the prior closing and full exercise of this option, are approximately $36 million, before deducting underwriting discounts, commissions and other offering expenses payable by the Company.

AegisCapital Corp. acted as sole book-running manager for the offering.

The securities described above were offered by Alset EHome International Inc. pursuant to an effective registration statement on Form S-1 (No. 333-255757) previously filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 4, 2021 and declared effective by the SEC on May 10, 2021. A final prospectus (the “Prospectus”) describing the terms of the offering has been filed with the SEC and is available on the SEC’s website located at http://www.sec.gov. Electronic copies of the final prospectus may be obtained by contacting Aegis Capital Corp., Attention: Syndicate Department, 810 7th Avenue, 18th floor, New York, NY 10019, by email at syndicate@aegiscap.com, or by telephone at (212) 813-1010.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any units, nor shall there be any sales of the units in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Forward-lookingStatements

This press release includes statements relating to the size of the offering and the completion of the offering. These statements and other statements regarding the Company’s future plans and goals constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control, and which may cause results to differ materially from expectations. For a discussion of the most significant risks and uncertainties associated with the Company’s business, please review our filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which are based on our expectations as of the date of this press release and speak only as of the date of this press release. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.