Alset ehome international inc. closes $32.0 million underwritten public offering of units

Bethesda, md / accesswire / may 13, 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 it has completed an underwritten public offering (the "offering") of 4,700,637 common units (the "common units"), at a price to the public of $5.07 per common unit and 1,611,000 pre-funded units (the "pre-funded units"), at a public offering price of $5.06 per pre-funded unit. each common unit consists of (a) one share of common stock, par value $0.001 per share (the "common stock"), (b) one series a warrant (the "series a warrant") to purchase one share of common stock with an initial exercise price of $5.07 per whole share and (c) one series b warrant (the "series b warrant") to purchase one-half of a share of common stock with an initial exercise price of $6.59 per whole share.
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