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

Bethesda, md / accesswire / may 10, 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 the pricing of an underwritten public offering (the "offering") of 4,700,637 units (the "common units"), at a price to the public of $5.07 per common unit, with each common unit consisting of (a) one share of common stock, par value $0.001 per share (the "common stock"), (b) one 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 to purchase one-half of a share of common stock with an initial exercise price of $6.59 per whole share. the series a warrants and series b warrants will be exercisable immediately upon issuance and will expire on the fifth anniversary of the original issuance date.
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