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EX-99.1 - PRESS RELEASE - Alset EHome International Inc.hfen_ex991.htm
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
 
FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): January 29, 2021
 
HF ENTERPRISES INC.
(Exact name of registrant as specified in its charter)
  
Delaware
 
001-39732
 
83-1079861
 (State of incorporation or organization)
 
 (Commission
File Number)
 
 (IRS Employer Identification No.)
 
4800 Montgomery Lane, Suite 210
Bethesda, Maryland 20814
 (Address of principal executive offices) (Zip Code)
 
Registrant’s telephone number, including area code (301) 971-3940
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of Each Class
 
Trading Symbol(s)
 
Name of Each Exchange on Which Registered
Common Stock, $0.001 par value
 
HFEN
 
The Nasdaq Stock Market LLC
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
 

 
 
 
 
Item 5.02 
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
On January 29, 2021, the Board of Directors of HF Enterprises Inc. (the “Company”), at the recommendation of the Compensation Committee of the Company’s Board of Directors, set the annual cash compensation for each member of the Company’s Board of Directors at Twelve Thousand U.S. Dollars ($12,000) per year.
 
Item 8.01
Other Events.
 
On February 4, 2021, the Company issued a press release announcing the Company’s intention to change its name to “Alset EHome International Inc.” A copy of the press release is attached hereto as Exhibit 99.1, and is incorporated herein by reference.
 
Item 9.01
Financial Statements and Exhibits.
 
(d) Exhibits.
 
Exhibit Number
Exhibit
Press Release dated February 4, 2021.
 
 
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
HF ENTERPRISES INC.
 
 
 
 
 
Date: February 4, 2021
By:
 /s/ Rongguo Wei
 
 
 
Name: Rongguo Wei
 
 
 
Title: Co-Chief Financial Officer