Alset buys DSS $500,000 convertible note, gets warrants for 8,000,000 shares

Bitget2026/09/21 22:54

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Alset entered a securities purchase agreement on Sept. 15, 2026 to buy a DSS convertible promissory note, paying USD 500,000.
Note bears 3% simple interest, payable on demand, matures in five years.
Conversion into DSS common stock at USD 0.5 per share, subject to DSS stockholder approval.
Also received warrants for 8,000,000 DSS shares at USD 0.55 per share, expiring in five years.
Transaction involves a related party; Alset holds about 39.4% of DSS equity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alset Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-043566), on September 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Alset buys DSS $500,000 convertible note, gets warrants for 8,000,000 shares

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