8-K - DSS, Inc. | StockGist

AI Analysis

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DSS, Inc. entered into a securities purchase agreement with Alset International Limited on March 26, 2026, for a $2.45 million loan convertible into common stock and warrants, subject to stockholder approval.

Key Takeaways

1DSS secured a $2.45 million loan from Alset International Limited, a related party, in exchange for a convertible note and warrants.

2The convertible note bears 3% simple interest and is convertible into common stock at $0.74 per share for up to five years.

3Warrants allow the purchase of 16,554,055 shares at $0.93 per share, expiring on their fifth anniversary.

4The transaction is a related-party deal due to common control by Chan Heng Fai and overlapping directors.

5Closing is contingent on stockholder approval, and the company's board approved the deal with interested directors recused.

Current Report Details

Event Type

Material Agreement

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

1.01

Entry into a Material Definitive Agreement.** ** ** Securities Purchase Agreement with Alset International Limited On March 26, 2026, DSS, Inc. (the “Company”)

Material Agreement

$2.5M

Source Document

9.01

Financial Statements and Exhibits.** (d) Exhibits : | Number | | Description | |---|---|---| | 10.1 | | Form of Common Stock Purchase Warrant issued to Alset In

Exhibits Only

Transaction Details

Material Agreement

Agreement: Securities Purchase Agreement
Parties: DSS, Inc., Alset International Limited

•Loan amount: $2,450,000
•Convertible promissory note with 3% simple interest per annum
•Note conversion price: $0.74 per share
•Note maturity: five years from issuance
•Warrants for 16,554,055 shares at $0.93 exercise price
•Warrant expiration: fifth anniversary
•Closing subject to stockholder approval

Exhibits (4)

10.1

EX-10.1

10.2

EX-10.2

10.3

EX-10.3

8-K