DSS, Inc. (NYSE American: DSS) announced it will not move forward with a previously announced public offering of common stock, citing limited capacity under its existing shelf registration statement.

The New York-based multinational company, which operates across product packaging, biotechnology, commercial lending, and securities and investment management, said it continues to evaluate alternative capital-raising options.

No additional details were provided regarding the size or timing of the original offering, or what alternatives the company may pursue.