Aegis Capital Corp. acted as Sole Bookrunner on a $50 Million Public Offering of Common Stock Including Exercise of the Over-Allotment for Document Security Systems, Inc. (NYSE American: DSS)
Aegis Capital Corp. acted as the Sole Bookrunner for a $50 million public offering of common stock for Document Security Systems, Inc. (DSS), including the exercise of the over-allotment option. This offering is aimed at securing capital for the company's diverse operations, which encompass brand protection technology, blockchain security, and direct marketing, among others. DSS's model includes strategically spinning out subsidiaries through IPOs, potentially enhancing shareholder value.
- Raised $50 million in public offering, strengthening financial position.
- Business model allows for potential value creation through IPO spin-offs.
- Shareholder dilution risk associated with the new stock offering.
NEW YORK, NY / ACCESSWIRE / June 17, 2021 / Aegis Capital Corp. acted as Sole Bookrunner on a
About Document Security Systems, Inc.
DSS is a multinational company operating businesses focused on brand protection technology, blockchain security, direct marketing, healthcare, consumer packaging, real estate, renewable energy, 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
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
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.
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