Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing.
On July 19, 2022, Alset EHome International Inc. (the "Company") received notice
from the Nasdaq Listing Qualifications Staff (the "Staff") that the Staff has
determined that the Company is eligible for an additional 180 calendar day
period, or until January 16, 2023, to regain compliance with Nasdaq's minimum $1
bid price per share requirement (the "Minimum Bid Price Requirement").
As previously disclosed on January 19, 2022, the Company received a notification
letter from the Staff notifying the Company that, because the closing bid price
for the Company's common stock was below $1.00 for 30 consecutive trading days,
the Company no longer met the Minimum Bid Price Requirement. In accordance with
Nasdaq's listing rules, the Company was provided an initial 180 calendar days,
or until July 18, 2022, to regain compliance.
The Staff's July 19, 2022 determination was based on the Company meeting the
continued listing requirement for market value of publicly held shares and all
other applicable requirements for initial listing on the Nasdaq Capital Market
with the exception of the bid price requirement, and the Company's written
notice of its intention to cure the deficiency during the second compliance
period by effecting a reverse stock split, if necessary. If at any time before
January 16, 2023, the bid price of the Company's common stock closes at or above
$1.00 per share for a minimum of, subject to the Staff's discretion, 10
consecutive business days, Nasdaq will provide written notification that the
Company has achieved compliance with the Minimum Bid Price Requirement.
The July 19, 2022 notification letter also disclosed that if compliance cannot
be demonstrated by January 16, 2023, the Staff would notify the Company that its
securities will be subject to delisting. In the event of such notification, the
Company may appeal the Staff's determination to delist its securities, but there
can be no assurance the Staff would grant the Company's request for continued
listing.
The Company intends to continue actively monitoring the bid price for its common
stock between now and January 16, 2023 and will consider available options to
resolve the deficiency and regain compliance with the Minimum Bid Price
Requirement.
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ALSET INC. 
