By Josh Beckerman
Alset Capital Acquisition shares slipped 65%, to $3.60, as the blank-check company completed its merger with HWH International.
HWH’s operations include sales of health and wellness products using a direct-selling model. The merger was announced in September 2022.
On multiple occasions in 2023, Alset Capital Acquisition extended its deadline for stockholder redemptions as well as reversals of previous redemption requests.
Write to Josh Beckerman at [email protected]
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