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Alset EHome International Inc. Prices $32 Million Underwritten Public Offering of Common Stock and Pre-Funded Warrants


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BETHESDA, MD / ACCESSWIRE / July 27, 2021 / Alset EHome International Inc. (NASDAQ:AEI) (the Group or Company ), a diversified holding company principally engaged through its subsidiaries in the development of EHome communities and other property development, financial services, digital transformation technologies, biohealth activities and consumer products, today announced the pricing of an underwritten public offering (the Offering ) of 6,434,139 shares (the Shares ) of common stock, par value $0.001 per share ( Common Stock ), to be issued by the Company, at a price to the public of $2.12 per Share, and pre-funded warrants to purchase 8,660,200 shares of the Common Stock at a price of $2.11 per pre-funded warrant. The pre-funded warrants have an exercise price of $0.01 per share. The gross proceeds from the Offering, before deducting underwriting discounts and commissions and estimated Offering expenses, are expected to be approximately $32 million. ....

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