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DSS enters $2.45 million convertible loan agreement with Alset International
DSS, Inc. has announced a $2.45 million convertible loan agreement with Alset International Limited, a subsidiary of Alset Inc., both under the control of Chan Heng Fai. This agreement involves a convertible promissory note with a 3% annual interest rate and a warrant to purchase DSS common stock, conditional on DSS shareholder approval. In separate news, DSS also recently priced a public offering expected to raise approximately $1 million for general corporate and working capital needs.