secwatch.observer — SEC 8-K summary
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Issuer:     DSS, INC. (DSS)
CIK:        0000771999
Form:       8-K
Filed at:   2021-09-10T23:59:59+00:00
Accession:  0001493152-21-022436
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DSS receives $15M from Alset, invests $40M in American Pacific Bancorp to become majority owner
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- DSS issues 12,155,591 shares to Alset EHome at $1.234/share for $15M investment.
- DSS invests $40M in American Pacific Bancorp at $6/share for 6,666,700 shares, gaining >50% ownership.
- AEI's Chairman Heng Fai Chan serves on both AEI and DSS boards; Audit Committee approved on Sept 2, 2021.
- DSS plans to deploy capital for B2B loans and expects entire $40M generating interest by end of 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/771999/000149315221022436/0001493152-21-022436-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/771999/000149315221022436/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-022436

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