2 - UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: On September 3, 2021,
−Removed: we issued 12,155,591 shares of common stock, $0.02 par value, at a price of $1.234 per share for aggregate proceeds of up to
−Removed: The sale of shares of our common stock was made pursuant to a subscription agreement entered into by us, on the one
−Removed: hand, and Alset EHome International, Inc., on the other hand.
−Removed: The issuance and sale of the shares of our common stock are exempt
−Removed: from the registration requirements of the Securities Act, pursuant to Section 4(a)(2) thereof and Regulation
−Removed: D or Regulation S thereunder, as applicable.
+Added: On January 25, 2022, the Company
+Added: entered into a stock purchase agreement with Alset EHome International, Inc.
+Added: (the “January 25, 2022 SPA”), pursuant to which
+Added: the Company agreed to issue to Alset EHome International, Inc.
+Added: (“AEI”) up to 44,619,423 shares of the Company’s common
+Added: stock (the “Shares”) for a purchase price of $0.3810 per share.
+Added: On February 28, 2022, the Company entered into an Amendment
+Added: to Stock Purchase Agreement, pursuant to which the Company and AEI agreed to amend certain terms of the January 25, 2022 SPA.
+Added: to the Amendment, the number of shares of the common stock of the Company that the AEI will purchase has been reduced from 44,619,423
+Added: to 3,986,877 shares for an aggregate purchase price of $1,519,000.
+Added: On January 18, 2022, the Company
+Added: entered into a stock purchase agreement with AEI, pursuant to which AEI sold to the Company 100% of the shares of common stock of its
+Added: wholly owned subsidiary True Partner International Limited (HK) (“TP”), and all of TP’s 62,122,908 ordinary shares
+Added: of True Partner Capital Holding Limited, for a purchase price of 11,397,080 newly issued shares of the Company’s common stock.
+Added: This agreement was terminated on February 25, 2022.
+Added: On February 28, 2022, the Company entered into a Stock Purchase Agreement with Alset
+Added: EHome International Inc.
+Added: (the “True Partner Revised Stock Purchase Agreement”), pursuant to which AEI has agreed to sell
+Added: a subsidiary holding 62,122,908 shares of stock of True Partner Capital Holding Limited in exchange for 17,570,948 shares of
+Added: common stock of the Company.
3 - DEFAULTS UPON SENIOR SECURITIES
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.