Document Security Systems’ $6.43 Million Common Stock Offering


Sichenzia Ross Ference advised Document Security Systems on the deal.

Document Security Systems, Inc. (NYSE American: DSS) executed a public offering of 1,028,800 shares of the company’s common stock at a price of $6.25 per share, for gross proceeds to DSS of $6.43 million, before deducting underwriting discounts and other offering expenses. The offering was made pursuant to a shelf registration statement on Form S-3 (File No. 333-230740), which was previously filed with the Securities and Exchange Commission and declared effective on May 8, 2019.

Aegis Capital Corp. acted as sole bookrunner for the offering.

Document Security Systems is a multinational company operating businesses focused on brand protection technology, blockchain security, direct marketing, healthcare, real estate, and securitized digital assets,

The Sichenzia Ross Ference LLP team for Document Security Systems was led by partners Gregory Sichenzia (Picture), Darrin Ocasio, and Barrett DiPaolo and associate Matthew Siracusa.

Involved fees earner: Barrett DiPaolo – Sichenzia Ross Ference LLP; Darrin Ocasio – Sichenzia Ross Ference LLP; Gregory Sichenzia – Sichenzia Ross Ference LLP; Matthew Siracusa – Sichenzia Ross Ference LLP;

Law Firms: Sichenzia Ross Ference LLP;

Clients: Document Security Systems Inc.;

Author: Ambrogio Visconti