secwatch.observer — SEC 8-K summary
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Issuer:     DSS, INC. (DSS)
CIK:        0000771999
Form:       8-K
Filed at:   2022-07-08T23:59:59+00:00
Accession:  0001493152-22-018923
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.01, 3.02, 5.01
LLM model:  deepseek-v4-flash:cloud@v2

DSS completes True Partner Transaction, issues 17.6M shares to Alset; control shifts to 51% for Heng Fai Ambrose Chan
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- On July 7, 2022, DSS issued 17,570,948 shares to Alset EHome International Inc. (AEI) as part of the True Partner Transaction.
- AEI now beneficially owns 35.22% of DSS's outstanding shares (41,446,087 shares).
- Heng Fai Ambrose Chan beneficially owns 51.02% of DSS's outstanding shares, up from 42.4% previously.
- Shares were issued in a private placement exempt from registration under Section 4(a)(2) and Rule 506 of Regulation D.
- The transaction completion was previously disclosed; stockholder approval obtained on May 17, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/771999/000149315222018923/0001493152-22-018923-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/771999/000149315222018923/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-018923

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