Sichenzia Ross Ference LLP Represents Document Security Systems, Inc. in $24 Million Upsized Public Offering of Common Stock
Press Release – New York, NY – January 22, 2021 – Sichenzia Ross Ference LLP today announced that it represented Document Security Systems, Inc. (NYSE American: DSS), a multinational company operating businesses focused on brand protection technology, blockchain security, direct marketing, healthcare, real estate, and securitized digital assets, in a public offering of 6,666,666 shares of the company’s common stock at a price of $3.60 per share, bringing the gross proceeds to approximately $24.0 million.
A registration statement relating to the shares of common stock being sold in this offering was declared effective by the Securities and Exchange Commission (SEC) on January 19, 2021. Aegis Capital Corp. acted as sole bookrunner for the offering.
The Sichenzia Ross Ference LLP team was led by partners Gregory Sichenzia, Darrin M. Ocasio, and Barrett S. DiPaolo and associate Matthew Siracusa.