other material
confidence high
sentiment neutral
materiality 0.50
DSS prices and closes $1.0M underwritten public offering; net proceeds ~$0.7M
DSS, INC.
- Offering of 900,000 shares of common stock at $1.00/share for gross proceeds of $1.0M; closed Feb 5, 2026.
- Net proceeds to company approx $0.7M after underwriting discounts and expenses; to be used for general corporate purposes and working capital.
- Underwriter Aegis Capital Corp. granted 45-day option to purchase up to 135,000 additional shares (15% overallotment).
- Offering made under effective shelf registration statement (S-3) declared by SEC Nov 5, 2024.
- Executive officers and directors subject to 45-day lock-up period on sale of company securities.