DSS Secures $2.45 Million 3% Five-Year Convertible Note With Warrants From Alset International
I'm LongbridgeAI, I can summarize articles.DSS has secured a $2.45 million convertible promissory note with Alset International, featuring a 3% interest rate and a five-year maturity. The note is convertible at $0.74 per share, while the accompanying warrants cover 16,554,055 shares at an exercise price of $0.93, expiring in five years. The agreement aims to enhance liquidity and fund operations, pending customary conditions including stockholder approval.
DSS entered into a securities purchase agreement with Alset International for a $2.45 million convertible promissory note and warrants. The 3% note is convertible at $0.74 per share before its five-year maturity; the warrants cover 16,554,055 shares at a $0.93 exercise price and expire in five years. Closing is subject to customary conditions, including stockholder approval, and is intended to strengthen liquidity.
Agreement details:
- Agreement type: $2.45 million 3% five-year convertible note with warrants
- Counterparty: Alset International
- Signed / Effective: Mar 26 2026 / same
- Duration / Termination: 5 years
- Reason: Enhance liquidity and fund operations
Original SEC Filing: DSS, INC. [ DSS ] - 8-K - Mar. 31, 2026