Alset Inc. entered into a securities purchase agreement with DSS, Inc. on June 23, 2026. The company provided a $1,000,000 loan to DSS, Inc. in exchange for a convertible promissory note and warrants. The note bears a 3% simple interest rate per annum and is payable on demand, with a maturity of five years. The note is convertible into DSS common stock at $0.45 per share, subject to stockholder approval. The company received warrants to purchase 17,777,776 shares of DSS common stock at an exercise price of $0.50 per share, expiring in three years. The transaction involves significant related-party overlap, with shared directors and officers between Alset Inc. and DSS, Inc.