secwatch.observer — SEC 8-K summary
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Issuer:     DSS, INC. (DSS)
CIK:        0000771999
Form:       8-K
Filed at:   2023-04-18T23:59:59+00:00
Accession:  0001493152-23-012786
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DSS subsidiary settles $540k interest on SHRG note with 28.9M shares
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- Second Letter Agreement dated April 17, 2023 between DSSI and SHRG settles interest from Jan 1 to Mar 31, 2023.
- SHRG will issue 28,877,005 shares of common stock at $0.0187 per share to satisfy $540,000 in accrued interest.
- Shares issued in lieu of cash for interest on the $27.0 million convertible note (8% annual rate, due May 2024).
- Prior settlement used 26,285,714 shares for interest through Dec 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/771999/000149315223012786/0001493152-23-012786-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/771999/000149315223012786/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-012786

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