DSS•DSS filed a draft information statement covering shareholder authorization of four common-stock issuances to Alset under convertible promissory note transactions. The issuances cover up to 42,001,158 shares tied to notes totaling $2.6 million, plus warrants in three transactions.
The draft information statement says DSS shareholders authorized four common-stock issuances to Alset under convertible promissory note transactions. The August 5, 2025, agreement covers up to 643,875 shares tied to a $500,000 note; agreements dated June 23, August 17 and September 15, 2026, cover up to 20,174,999, 12,104,162 and 9,078,122 shares, respectively, through notes of $1 million, $600,000 and $500,000 and warrants.
