Financing ·
Alset Inc. entered into a securities purchase agreement with DSS, Inc. on June 23, 2026, providing a $1,000,000 loan…
AEIAlset Inc.
Alset Inc. entered into a securities purchase agreement with DSS, Inc. on June 23, 2026, providing a $1,000,000 loan to DSS, Inc. in exchange for a convertible promissory note and warrants to purchase 17,777,776 shares of DSS common stock at $0.50 per share. The Note is payable upon demand and bears 3% simple interest per annum, with a conversion option to DSS common stock at $0.45 per share. The transaction involves related-party transactions under the common control of Alset Inc.'s Chairman and CEO, Chan Heng Fai. Alset Inc. operates in the technology and investment management sector.