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A purchase price of $500,000, per Alset Inc. (Nasdaq: AEI), is the controlling figure in a securities purchase agreement filed with the SEC on September 15, 2026.
The math reconciles to a dual-asset acquisition: a convertible promissory note and warrants to buy 8,000,000 shares of DSS, Inc.
The transaction was approved by the company's board and audit committee, with Chairman and CEO Chan Heng Fai and Co-CEO Chan Tung Moe recusing themselves from the vote.
| Instrument | Quantity/Value | Price | Maturity/Expiration | |---|---|---|---| | Promissory Note | $500,000 principal | 3% simple interest | Payable on demand; 5-year conversion window | | Warrants | 8,000,000 shares | $0.55 per share | 5 years | The note allows Alset to convert principal and interest into DSS shares at $0.50 per share, a conversion right that sits $0.05 below the warrant exercise price.
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