Alset buys DSS $500,000 convertible note, gets warrants for 8,000,000 shares
AEI•Note terms and conversion
The note bears 3% simple interest, is payable on demand and matures in five years. It may be converted into DSS common stock at $0.50 per share, subject to DSS stockholder approval.
Warrants and related-party disclosure
Alset also received warrants for 8,000,000 DSS shares at $0.55 per share, expiring in five years.
The transaction involves a related party; Alset holds about 39.4% of DSS equity.
Alset enters securities purchase agreement for DSS note
Alset entered a securities purchase agreement on Sept. 15, 2026, to buy a DSS convertible promissory note for $500,000.
