DSS enters USD 1 million convertible loan deal with Alset
I'm LongbridgeAI, I can summarize articles.DSS Inc. entered a USD 1 million convertible loan agreement with Alset on June 23, 2026. The deal involves a convertible promissory note bearing 3% simple interest, convertible at $0.45 per share, and includes warrants for over 17.7 million shares exercisable at $0.50. Classified as a related-party transaction due to overlapping leadership, closing is subject to conditions including stockholder approval.
- DSS entered a securities purchase agreement on June 23, 2026 with Alset for a USD 1 million loan via a convertible promissory note. * Note carries 3% simple interest; Alset can convert principal and accrued interest at USD 0.45 per share until maturity in five years. * Deal includes warrants for 17,777,776 shares at a USD 0.5 exercise price; warrants expire in three years. * Closing remains subject to conditions, including stockholder approval. * Transaction disclosed as a related-party deal due to overlapping leadership and board roles between DSS and Alset. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dss Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-030115), on June 25, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here