DSS, Inc. entered into a securities purchase agreement with Alset, Inc. to receive a $1,000,000 loan via a convertible promissory note and warrants to purchase 17,777,776 shares of common stock. The note carries a 3% annual interest rate and allows Alset to convert principal and interest into common stock at $0.45 per share, while warrants allow for the purchase of up to 17,777,776 shares at $0.50 per share. This is a related-party transaction involving common control by Chan Heng Fai. DSS, Inc. operates in the technology and software services industry.