secwatch.observer — SEC 8-K summary
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Issuer:     DSS, INC. (DSS)
CIK:        0000771999
Form:       8-K
Filed at:   2021-11-05T23:59:59+00:00
Accession:  0001493152-21-027399
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DSS subsidiary AMRE acquires three hospitals for $62M; loans $14.7M to fund deal
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- AMRE acquired hospitals in Fort Worth, TX; Plano, TX; and Pittsburgh, PA for $62 million aggregate.
- Properties total 195 beds and ~320,000 sq ft; leased to LifeCare Hospitals with 11 years remaining on 18-year lease.
- DSS Securities loaned AMRE $0.8M; American Pacific Bancorp loaned $13.9M via convertible note at 8% interest.
- Note is due on demand or in 25 months; convertible at $10 per share into AMRE common stock.
- CEO cited medical REIT resilience; plans to pursue additional high-quality healthcare asset acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/771999/000149315221027399/0001493152-21-027399-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/771999/000149315221027399/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-027399

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