Alset AI Announces Effective Date of 10-for-1 Share Consolidation

VANCOUVER, BC / ACCESS Newswire / April 28, 2026 / Alset AI Ventures Inc. (TSXV:GPUS)(OTCQB:GPUSF)(FSE:1R60, WKN: A40M0J) ("Alset AI" or the "Company"), an artificial intelligence ("AI") venture company advancing innovation through strategic investment and cloud computing solutions, is pleased to announce that further to its news release dated March 30, 2026, the Company will consolidate its issued and outstanding common shares (the "Consolidation") on the basis of ten (10) pre-consolidation common shares for one (1) post-consolidation common share, effective as of Friday, May 1, 2026 (the "Effective Date"). As of the Effective Date, the number of issued and outstanding common shares will be 17,637,739 shares.