Alset ehome 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.
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