Sichenzia Ross Ference LLP Represents Document Security Systems, Inc. in $50 Million Public Offering of Common Stock Including Exercise of the Over-Allotment
Press Release – New York, NY – June 17, 2021 – Sichenzia Ross Ference LLP today announced that it represented Document Security Systems, Inc. (NYSE American: DSS) (Company), 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 29,000,000 shares of the Company’s common stock and 4,350,000 additional shares from the exercise of the underwriter’s option at the public offering price of $1.50 per share. The gross proceeds were approximately $50.025 million.
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 associates Matthew Siracusa and Jorge Campos.
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