secwatch.observer — SEC 8-K summary
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Issuer:     DSS, INC. (DSS)
CIK:        0000771999
Form:       8-K/A
Filed at:   2021-11-19T23:59:59+00:00
Accession:  0001493152-21-029389
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DSS invests up to $40M in American Pacific Bancorp; APB posts $336K net loss for FY2020
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- DSS signed SPA to invest up to $40,000,200 for 6,666,700 Class A shares of APB at ~$6.00/share.
- APB had total assets of $3.3M and accumulated deficit of $1.0M as of Dec 31, 2020.
- APB net loss was $335,534 in FY2020 and $421,080 in FY2019; no employees as of Dec 31, 2020.
- Amendment provides audited APB financials and pro forma combined statements for DSS+APB.
- APB's primary source of revenue is loans; $1.1M in loan receivables at Dec 31, 2020.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/771999/000149315221029389/0001493152-21-029389-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/771999/000149315221029389/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-21-029389

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer