Document Security Systems (DSS) Prices 1.029M Share Common Offering at $6.25/Sh

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Go back to Document Security Systems (DSS) Prices 1.029M Share Common Offering at $6.25/Sh

Document Security Systems Prices $6.43 Million Underwritten Public Offering of Common Stock

July 1, 2020 8:58 PM EDT

ROCHESTER, N.Y., July 01, 2020 (GLOBE NEWSWIRE) -- Document Security Systems, Inc. (NYSE American: DSS) (the Company), a multinational company operating businesses focused on brand protection technology, blockchain security, direct marketing, healthcare, real estate, and securitized digital assets, today announced the pricing of an underwritten public offering of 1,028,800 shares of its common stock at a price of $6.25 per share, for gross proceeds to the Company of $6.43 million, before deducting underwriting discounts and other offering expenses. The Company intends to use the proceeds to fund growth of their new business lines, acquisition... More