Entry into a Material Definitive Agreement. Securities Purchase Agreement with DSS Inc. On June 23, 2026, Alset Inc. (the “Company”) entered into a securities purchase agreement (the “SPA”) with DSS, Inc., a New York company (“DSS”) pursuant to which the Company has loaned DSS $1,000,000, in exchange for a convertible promissory note (the “Note”) and warrants to purchase 17,777,776 shares of DSS common stock (the “Warrants”). The Note, SPA, and Warrants are collectively referred to herein as…

Termination of a Material Definitive Agreement. The information included in

Entry into a Material Definitive Agreement. Termination Agreement Relating to Purchase of Shares of Hapi Metaverse Inc. On February 5, 2026, Alset Inc. (the “Company”) entered into a term sheet (the “Term Sheet”), with HWH International Inc., a Nevada company (“HWH”). The Company, directly and through subsidiaries, owns a majority of HWH’s common stock. Pursuant to the Term Sheet, the Company agreed sell to HWH 505,341,376 issued and outstanding shares of common stock, par value $0.0001 (the…

Entry into a Material Definitive Agreement. Securities Purchase Agreement with DSS Inc. On March 26, 2026, Alset International Limited (“AIL”), a majority-owned subsidiary of Alset Inc. (the “Company”) entered into a securities purchase agreement (the “SPA”) with DSS, Inc., a New York company (“DSS”) pursuant to which AIL will loan DSS $2,450,000, in exchange for a convertible promissory note (the “Note”) and warrants to purchase 16,554,055 shares of DSS common stock (the “Warrants”). The Not…

Entry into a Material Definitive Agreement. Binding Term Sheet for Sale of Shares of Hapi Metaverse Inc. On February 5, 2026, Alset Inc. (“Alset”) entered into a term sheet (the “Term Sheet”), with HWH International Inc., a Nevada company (the “Buyer”), a majority owned subsidiary of Alset. Pursuant to the Term Sheet, Alset agreed to sell to the Buyer 505,341,376 issued and outstanding shares of common stock, par value $0.0001 (the “Shares”), of Hapi Metaverse Inc. (“Hapi Metaverse”), represe…

Regulation FD Disclosure Amendment to Share Repurchase Agreement On September 29, 2025, the Board of Directors (the “Board”) of Alset Inc. (the “Company”) approved an increase to the Company’s existing stock repurchase program. Under the Company’s existing stock repurchase agreement, the Company has bought back 284,462 shares of the Company’s common stock, for approximately $392,000, including certain fees. The amendment to the stock repurchase program authorizes the Company to repurchase up…

Changes in Registrant’s Certifying Accountant. On July 2, 2025, the Board of Directors of Alset Inc. (the “Company”) dismissed Grassi & Co., CPAs, P.C. (“Grassi”) as its independent registered public accounting firm at the recommendation of the Audit Committee. Grassi’s audit report on the Company’s financial statements for the years ended December 31, 2024 and 2023 did not contain an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope…

Regulation FD Disclosure Stock Repurchase Program On June 23, 2025, Alset Inc. (the “Company”) issued a press release announcing that the Company’s Board of Directors approved a new stock repurchase program authorizing the repurchase of up to $1,000,000 of its common stock. Repurchases may be made under the plan until the $1,000,000 made available is spent or until December 31, 2025. The Company has authorized its broker to implement this repurchase program and agreed that such broker will ha…

Entry into a Material Definitive Agreement. Stock Purchase Agreement and Convertible Promissory Note As previously reported in the Company’s current report on Form 8-K filed with the SEC on May 14, 2025, Alset Inc. (the “Company”) entered into an amended term sheet (the “Amended Term Sheet”) on May 8, 2025, with Chan Heng Fai (the “Seller”), the Chairman of the Board of Directors, Chief Executive Officer and largest stockholder of the Company. Pursuant to the Amended Term Sheet, the Company a…

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of Registrant. The information contained in

In connection with the issuance of the common stock of the Company which may be issued upon the conversion of the Convertible Note, the Company relied upon the exemption from registration provided by Section 4(a)(2) under the Securities Act of 1933, as amended, for transactions not involving a public offering.

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On May 13, 2025, Alset Inc. (the “Company”) received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, because the closing bid price for the Company’s common stock listed on Nasdaq was below $1.00 for 30 consecutive trading days, the Company no longer meets the minimum bid price requirement for continued listi…

Entry into a Material Definitive Agreement. Amendment to Term Sheet for Acquisition of New Energy Asia Pacific Inc. On December 13, 2023, Alset Inc. (the “Company”) entered into a term sheet with Chan Heng Fai (the “Seller”), the Chairman of the Board of Directors, Chief Executive Officer and largest stockholder of the Company. The Company had agreed to purchase from the Seller all of the issued and outstanding shares of New Energy Asia Pacific Inc. (“NEAPI”), a corporation incorporated in th…

Chan Heng Fai: Compensatory award of restricted shares to the Chairman and CEO.

Entry into a Material Definitive Agreement. On January 2, 2025, Alset Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain accredited investors (the “Purchasers”), pursuant to which the Company agreed to sell and issue to the Purchasers an aggregate of 1,500,000 shares of common stock (the “Shares”), par value $0.001 per share (the “Common Stock”), at a purchase price of $1.00 per share, in a registered direct offering (the “Offering”). The…

Entry into a Material Definitive Agreement On December 10, 2024, Alset Inc. (the “Company”) entered into a stock purchase agreement (the “Stock Purchase Agreement”) with DSS, Inc. (“DSS”), pursuant to which the Company agreed to purchase 820,597 newly issued shares of DSS’s common stock (the “DSS Shares”) for a total purchase price of $800,000 (representing a price of $0.9749 per share of DSS common stock). The Company and its various subsidiaries are collectively the largest shareholder of D…

Entry into a Material Definitive Agreement On November 25, 2024, Alset Inc. (the “Company”) entered into a stock purchase agreement with HWH International Inc. (“HWH”), pursuant to which the Company agreed to purchase 4,411,764 shares of HWH’s common stock (the “HWH Shares”) to be issued for a purchase price of $0.68 per share. The Company is the majority shareholder of HWH, and immediately prior to the effectiveness of the stock purchase agreement, the Company directly and through its subsid…

Entry into a Material Definitive Agreement On September 26, 2024, Alset Inc. (the “Company”) entered into a Stock Purchase Agreement (the “Stock Purchase Agreement”) with one of the Company’s majority owned subsidiaries, Alset International Limited. Pursuant to the Stock Purchase Agreement, the Company will purchase 6,500,000 shares (the “Shares”) of HWH International Inc. (“HWH”), a Nasdaq-listed company controlled by Alset Inc. through its ownership interest in Alset International Limited.…

Entry into a Material Definitive Agreement On May 21, 2024, Alset Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with the Company’s Chairman and Chief Executive Officer, Chan Heng Fai, and Heng Fai Holdings Limited, a company wholly owned by Mr. Chan. Pursuant to the Securities Purchase Agreement, the Company will purchase 982,303 shares of DSS Inc., a NYSE-listed company (“DSS”). These shares include 979,325 shares of DSS common stock…

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing On April 15, 2024, Alset Inc. (the “Company”) received written notice (the “Notice”) from the Listing Qualifications Staff (the “Staff”) of the Nasdaq Stock Market, LLC (“Nasdaq”) notifying the Company that for the last 30 consecutive business days prior to the date of the Notice, the Company’s bid price was below the minimum $1 required for continued listing on the Nasdaq Capital Market pursua…

Chief Operating Officer — Anthony S. Chan: Resigned due to personal reasons.

Other Events. Consummation of the Merger of Alset Capital Acquisition Corp. and HWH International Inc. Two entities affiliated with Alset Inc. (the “Company”) have completed a previously announced transaction. On September 9, 2022, Alset Capital Acquisition Corp., a Delaware corporation (“Alset Capital”) entered into an agreement and plan of merger (the “Merger Agreement”) with our indirect subsidiary HWH International Inc., a Nevada corporation (“HWH”) and HWH Merger Sub Inc., a Nevada corpo…

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of Registrant. The information contained in

Entry into a Material Definitive Agreement. Binding Term Sheet for Acquisition of New Energy Asia Pacific Inc. On December 13, 2023, Alset Inc. (the “Company”) entered into a term sheet (the “Term Sheet”), with Chan Heng Fai (the “Seller”), the Chairman of the Board of Directors, Chief Executive Officer and largest stockholder of the Company. Pursuant to the Term Sheet, the Company will purchase from the Seller all of the issued and outstanding shares of New Energy Asia Pacific Inc. (“NEAPI”)…

Entry into a Material Definitive Agreement. Agreements to Sell Stock of HWH International Inc. On November 21, 2023, Alset International Limited, an 85.4%-owned subsidiary of Alset Inc. (the “Company”) entered into two Stock Purchase Agreements (each, a “Stock Purchase Agreement,” collectively the “Stock Purchase Agreements”), with each of Teh Wing Kwan, a citizen of Singapore, and Massive Brilliant Limited, a Hong Kong limited company (each an “Investor,” collectively, the “Investors”), the…