Alset Inc. (NASDAQ: AEI) extends $2.45M 3% convertible loan and warrants to DSS

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Alset Inc., through its majority-owned subsidiary Alset International Limited, has finalized a material financing arrangement with related-party company DSS, Inc. This agreement involves a $2.45 million 3% convertible promissory note and warrants to purchase 16,554,055 DSS shares. The transaction, approved by Alset’s Board and Audit Committee, with recusal of overlapping directors, is contingent on DSS stockholder approval and aims to provide both interest income and potential equity upside for Alset.

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