Alset lends DSS $1M via convertible note and warrants; requires stockholder approval

Alset Inc.

Alset loans $1M to DSS at 3% simple interest; note convertible at $0.45/share, matures in 5 years.
Alset receives warrants to purchase 17,777,776 DSS shares at $0.50/share, expiring in 3 years.
Conversion and warrant exercise require DSS stockholder approval under NYSE American rules.
Transaction is with related party: Chan Heng Fai chairs both companies; three directors overlap.
Alset's board and audit committee approved; conflicted directors recused from voting.

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