On March 26, 2026, DSS, Inc. entered into a significant securities purchase agreement with Alset International Limited, a majority-owned subsidiary of Alset Inc. This agreement allows Alset International to loan DSS, Inc. $2,450,000 in exchange for a convertible promissory note and warrants to purchase 16,554,055 shares of the company's common stock. The note will accrue interest at a rate of 3% per annum and can be converted into shares at a price of $0.74 per share before its maturity date, which is set for five years from issuance. The warrants grant Alset International the right to purchase shares at an exercise price of $0.93, expiring five years after issuance. This transaction is subject to certain closing conditions, including stockholder approval, which indicates a strategic move by DSS, Inc. to enhance its liquidity and financial flexibility. The involvement of Alset International, with its connections to Chan Heng Fai, who holds leadership roles in both companies, raises questions about potential synergies and future collaborations. The approval of the transaction by DSS's Board of Directors, with interested directors recusing themselves, reflects a commitment to governance standards. Overall, this financing arrangement is expected to provide DSS, Inc. with the necessary capital to support its operational strategies and growth initiatives.

Press Release distribution

National Press Distribution across U.S. Media. Direct Access to Key Decision Making Editors.