other material
confidence high
sentiment neutral
materiality 0.15
DSS stockholders approve share issuances to Alset entities and Mr. Chan, plus charter and equity plan amendments
DSS, INC.
- Approved issuance of up to 17.6M shares to Alset EHome International and 21.4M shares to Alset International.
- Approved issuance of up to 15.4M shares to CEO Heng Fai Ambrose Chan under his employment agreement.
- Ratified Turner, Stone & Company as independent auditor for fiscal years 2021 and 2022.
- Approved bylaw change lowering quorum to 35% and increased authorized common stock to 500M shares.
- Amended 2020 Equity Incentive Plan to authorize 20M shares for issuance.