Alset buys $500,000 convertible note and 8M DSS warrants
Alset entered a securities purchase agreement to acquire a $500,000 convertible promissory note and warrants for 8,000,000 DSS shares. The note carries 3% simple interest and converts at $0.50 per share any time before a five-year maturity. The warrants have a $0.55 exercise price and expire following terms not fully s