other material
confidence high
sentiment neutral
materiality 0.70
DSS subsidiary invests $3M in SHRG, acquires 59.6% ownership through shares and warrants
DSS, INC.
- DSS subsidiary Decentralized to invest $3,000,000 for 50M SHRG common shares and 50M warrants at $0.063/share.
- Post-transaction, DSS and its subsidiaries will own 59.6% of SHRG Class A common stock.
- Warrants are exercisable immediately and expire five years from December 23, 2021.
- Shares and warrants issued in exempt private placement under Rule 506(b) and Section 4(a)(2).