DSS, Inc. Announces Record and Distribution Date for Impact Biomedical Spin-Off Special Dividend
26 June 2023 - 10:20PM
DSS, Inc. (“DSS” or the “Company”) (NYSE American: DSS), a
multinational company operating nine business divisions through
strategic acquisitions and development to build shareholder value
through periodic spinoffs, has filed for the distribution of a
special stock dividend to DSS Inc. shareholders of record on June
30 for distribution on July 14, 2023.
DSS shareholders of record as of 4:00 p.m. ET on June 30, 2023
(the “record date”) will receive four (4) shares of Impact
Biomedical, Inc. for every one (1) share of DSS.
About Impact BioMedical, Inc.
Impact BioMedical, Inc. ("Impact BioMedical") is a wholly owned
subsidiary of DSS. Impact BioMedical leverages its scientific
expertise and intellectual property rights to provide solutions
that have been plaguing the biomedical field for decades. By
tapping into the scientific expertise of GRDG Sciences, LLC, Impact
BioMedical is focused on a concerted effort in the R&D, drug
discovery and development of promising products for the prevention,
inhibition, and treatment of neurological, oncological and
immuno-related diseases. For more information on Impact BioMedical
visit http://impbio.com/.
About DSS, Inc.
DSS is a multinational company operating businesses within nine
divisions: Product Packaging, Biotechnology, Direct Marketing,
Commercial Lending, Securities and Investment Management,
Alternative Trading, Digital Transformation, Secure Living, and
Alternative Energy. DSS strategically acquires and develops assets
to enrich the value of its shareholders through calculated IPO
spinoffs. Since 2019, under the guidance of new leadership, DSS has
built the necessary foundation for achievable growth through the
formation of a diversified portfolio of companies positioned to
drive profitability in multiple high growth sectors. These
companies offer innovative, flexible, and real-world solutions that
not only provide mutual benefits for businesses and their
customers, but also create sustainable value and opportunity for
transformation.
For more information on DSS visit http://www.dssworld.com.
Safe Harbor Disclosure
This press release contains forward-looking statements that are
made pursuant to the safe harbor provisions within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Such
forward-looking statements include, but are not limited to,
statements related to the Company's intended use of proceeds and
other statements that are not historical facts. Forward-looking
statements are based on management's current expectations and are
subject to risks and uncertainties that may cause actual results or
events to differ materially from those projected. These risks and
uncertainties, many of which are beyond our control, include: risks
relating to our growth strategy; our ability to obtain, perform
under and maintain financing and strategic agreements and
relationships; risks relating to the results of development
activities; our ability to attract, integrate and retain key
personnel; our need for substantial additional funds; patent and
intellectual property matters; competition; as well as other risks
described in our SEC filings, including, without limitation, our
reports on Forms 8-K, 10-K and 10-Q, all of which can be obtained
on the SEC website at www.sec.gov. Readers are cautioned not to
place undue reliance on the forward-looking statements, which speak
only as of the date on which they are made and reflect management's
current estimates, projections, expectations, and beliefs. We
expressly disclaim any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements
contained herein to reflect any change in our expectations or any
changes in events, conditions, or circumstances on which any such
statement is based, except as required by law.
Contact:
DSS Inc. Investor Relations
IR@dssworld.com
+1 (585) 565-2422
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