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Aegis Capital Corp. Acted as Sole Bookrunner on a $39.7 Million Upsized Follow-On Offering for Document Security Systems, Inc. (NYSE American: DSS)

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Aegis Capital Corp. served as the Sole Bookrunner for Document Security Systems, Inc. (NYSE American: DSS) in a successful $39.7 million follow-on offering. This transaction reflects investor confidence in DSS, a company specializing in brand protection and blockchain security. DSS operates a unique model sharing equity from its subsidiaries through strategic IPOs. Established over 40 years ago, Chairman Fai Chan leads the company, having successfully restructured numerous corporations with a combined value surpassing $25 billion.

Positive
  • Successfully raised $39.7 million in follow-on offering, indicating strong investor confidence.
  • DSS operates a unique distribution sharing system allowing shareholders to receive shares as subsidiaries are spun out.
Negative
  • None.

NEW YORK, NY / ACCESSWIRE / February 9, 2021 / Aegis Capital Corp. acted as Sole Bookrunner on a $39.7 Million Upsized Follow-On Offering for Document Security Systems, Inc. (NYSE American: DSS).

About Document Security Systems, Inc.

DSS is a multinational company operating businesses focused on brand protection technology, blockchain security, direct marketing, healthcare, real estate, and securitized digital assets. Its business model is based on a distribution sharing system in which shareholders will receive shares in its subsidiaries as DSS strategically spins them out into IPOs. Its historic business revolves around counterfeit deterrent and authentication technologies, smart packaging, and consumer product engagement. DSS is led by its Chairman and largest shareholder, Mr. Fai Chan, a highly successful global business veteran of more than 40 years specializing in corporate transformation while managing risk. He has successfully restructured more than 35 corporations with a combined value of $25 billion.

About Aegis Capital Corp.

Aegis Capital Corporation ("Aegis") has been in the wealth management and investment banking business since 1984. Aegis is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis also provides research and sales and trading services to institutional investors. Aegis offers its investment representatives a conflict free service platform and is able to provide a full-range of products and services.

For more information about this offering or Investment Banking Services please email InvestmentBanking@aegiscap.com or call (212) 813-1010

www.aegiscapcorp.com

This communication has been prepared by Aegis Capital Corporation for distribution to Aegis Capital Corporation's clientele. This communication is not intended for public dissemination and the recipient is prohibited from sharing this information. This communication has been prepared for institutional - accounts, as defined within FINRA Rule 4512(c), who (1) are capable of evaluating investment risks independently, both in general and with regard to all transactions and investment strategies involving a security or securities; and (2) will exercise independent judgment in evaluating the recommendations of any broker - dealer or its associated persons. This communication is not a product of Aegis Capital Corporation Research Department. Aegis Capital Corporation., Member FINRA, SIPC

SOURCE: Aegis Capital Corp.



View source version on accesswire.com:
https://www.accesswire.com/628777/Aegis-Capital-Corp-Acted-as-Sole-Bookrunner-on-a-397-Million-Upsized-Follow-On-Offering-for-Document-Security-Systems-Inc-NYSE-American-DSS

FAQ

What was the amount raised in the follow-on offering for Document Security Systems (DSS)?

Document Security Systems raised $39.7 million in its follow-on offering.

Who acted as the Sole Bookrunner for the DSS follow-on offering?

Aegis Capital Corp. acted as the Sole Bookrunner for the follow-on offering.

What business sectors does Document Security Systems (DSS) operate in?

DSS operates in brand protection technology, blockchain security, direct marketing, healthcare, real estate, and securitized digital assets.

Who is the chairman of Document Security Systems (DSS)?

The chairman of Document Security Systems is Fai Chan.

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