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Financings

Alset AI Announces Closing of Shares for Debt Transaction

By The Northwire Desk — AI Analysis Mar 13, 2026 · 16:30 GPUS · 0.045 Alset AI Ventures Inc.
GPUS · Price

Executive Summary

  • Alset AI Ventures Inc. completed a debt settlement transaction by issuing 3,475,646 common shares at a deemed price of $0.055 per share, fully satisfying $191,160.37 of accrued consulting fees.
  • The issuance improves the Company’s balance sheet and preserves cash for ongoing operations.
  • Of the issued shares, 2,833,647 are subject to a statutory hold period until July 14 2026; the remaining 641,999 are unrestricted.

Key Details

  • Transaction Structure: Issuance of 3,475,646 common shares as consideration for debt settlement.
  • Deemed Share Price: $0.055 per Common Share.
  • Total Debt Satisfied: $191,160.37 in accrued and unpaid consulting/service fees.
  • Hold Period: 2,833,647 shares subject to statutory hold until July 14 2026 (four months and one day from issuance).
  • Unrestricted Shares: 641,999 shares not subject to any restricted period.
  • Purpose: Preserve cash for operations and strengthen the Company’s balance sheet.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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