Alset loans DSS USD 1 million in convertible note deal
Advent Technologies Holdings
Advent Technologies Holdings AEI | 0.00 |
- Alset entered a securities purchase agreement with DSS on June 23, 2026, extending a USD 1 million loan in exchange for a convertible promissory note.
- Note is payable on demand, carries 3% simple interest, matures in five years.
- Conversion option set at USD 0.45 per DSS share for outstanding principal and interest, subject to DSS stockholder approval.
- Transaction also includes warrants for 17,777,776 DSS shares at a USD 0.5 exercise price, expiring in three years.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alset Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-030176), on June 25, 2026, and is solely responsible for the information contained therein.
