Form 4 | Impact Biomedical Director Chan Heng Fai Ambrose sold 885,276 shares on April 2, 2025
Filings Track
04-05
Chan Heng Fai Ambrose, Director and a 10% owner of Impact Biomedical Inc., sold a total of 885,276 shares of common stock between April 2 to April 4, 2025, through his controlled entities Alset International Ltd and Alset Inc. Such intensive selling may suggest an overvaluation of the company's stock, and investors should closely monitor the potential impact of this news on the stock price.