DSS, Inc. Announces Filing of Registration Statement on Form S-1 for Initial Public Offering of Impact Biomedical
23 Outubro 2023 - 9:25AM
DSS, Inc.(NYSE American: DSS) ("DSS") announced today that it has
filed a registration statement on Form S-1 with the U.S. Securities
and Exchange Commission ("SEC") relating to the proposed initial
public offering of the Company's wholly-owned subsidiary,
Impact Biomedical (hyperlink:
https://www.impactbiomedinc.com/). DSS, Inc. intends to list Impact
Biomedical on the NYSE American exchange. The number of shares of
Class A common stock to be offered and the price range for the
proposed offering have not yet been determined. The offering is
subject to market conditions.
The Company has engaged Aegis Capital as the exclusive placement
agent for the registered direct offering.
A registration statement on Form S-1 relating to these
securities has been filed with the SEC and has yet to become
effective.
Jason Grady, Chief Operating Officer of DSS, Inc. noted, ““The
filing of the S-1 for the IPO of Impact Biomedical is a significant
milestone towards DSS’s overall business plan of periodically
spinning off valuable subsidiaries into separately traded
companies.”
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy these securities, nor shall there
be any sale of these securities in any state or jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
About DSS, Inc.
DSS is a multinational company operating businesses within
nine(9) divisions: Product Packaging, Biotechnology, Commercial
Lending, Securities and Investment Management, Alternative Trading,
Digital Transformation, Secure Living, and Alternative Energy. DSS
strategically acquires and develops assets to increase shareholder
value through periodic IPO spinoffs. Since 2019, under the guidance
of new leadership, DSS has built the necessary foundation for
achievable growth through the formation of a diversified portfolio
of companies positioned to drive profitability in multiple
high-growth sectors.
For more information on DSS visit https://www.dssworld.com
Safe Harbor Disclosure
This press release contains forward-looking statements that are
made pursuant to the safe harbor provisions within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Such
forward-looking statements include, but are not limited to,
statements related to the Company's intended use of proceeds and
other statements that are not historical facts. Forward-looking
statements are based on management's current expectations and are
subject to risks and uncertainties that may cause actual results or
events to differ materially from those projected. These risks and
uncertainties, many of which are beyond our control, include: risks
relating to our growth strategy; our ability to obtain, perform
under and maintain financing and strategic agreements and
relationships; risks relating to the results of development
activities; our ability to attract, integrate and retain key
personnel; our need for substantial additional funds; patent and
intellectual property matters; competition; as well as other risks
described in our SEC filings, including, without limitation, our
reports on Forms 8-K, 10-K and 10-Q, all of which can be obtained
on the SEC website at www.sec.gov. Readers are cautioned not to
place undue reliance on the forward-looking statements, which speak
only as of the date on which they are made and reflect management's
current estimates, projections, expectations, and beliefs. We
expressly disclaim any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements
contained herein to reflect any change in our expectations or any
changes in events, conditions, or circumstances on which any such
statement is based, except as required by law.
Contact:DSS Inc. Investor RelationsIR@dssworld.com+1 (585)
565-2422
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