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Alset Capital Acquisition Corp. (NASDAQ:ACAX) ("Alset") provided updates today regarding stockholder redemptions.
As of July 28, 2023, Alset's public stockholders holding 1,934,749 shares, out of a total of 1,976,036 shares of Class A common stock held by public stockholders, submitted requests to redeem their public shares for a pro rata portion of the trust account holding the proceeds from Alset's initial public offering, leaving 41,287 shares of Class A common stock held by public stockholders remaining. The redemption price as of July 28, 2023 was approximately $10.50.
Alset will be accepting requests by any such redeeming public stockholders to withdraw their previously submitted redemption requests until 5:00 p.m. Eastern Time on Monday, August 7, 2023.
Stockholders who wish to withdraw their previously submitted redemption requests may do so by contacting Alset's transfer agent VStock Transfer, LLC at Attn: DWAC team, Email: DWAC@vstocktransfer.com.
Posted In: ACAX