5 - MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: common stock is listed on the NYSE American LLC Exchange, where it trades under the symbol “DSS”.
+Added: Our common stock
+Added: is listed on the NYSE American LLC Exchange, where it trades under the symbol “DSS”.
of March 1, 2024, we had 310 record holders of our common stock.
−Removed: This number does not include the number of persons whose
−Removed: shares are in nominee or in “street name” accounts through brokers.
−Removed: did not pay dividends during 2021 or 2020.
−Removed: We anticipate that we will retain any earnings and other cash resources for investment in
−Removed: our business.
−Removed: The payment of dividends on our common stock is subject to the discretion of our board of directors and will depend on
−Removed: our operations, financial position, financial requirements, general business conditions, restrictions imposed by financing arrangements,
−Removed: if any, legal restrictions on the payment of dividends and other factors that our board of directors deems relevant.
−Removed: the Company has announced its decision to issue shares of Impact BioMedical, Inc.
−Removed: to its shareholders of record at a to be determined
−Removed: record date that will correspond with the registration of Impact BioMedical’s common stock.
−Removed: The Company announced that it intended
−Removed: to issue four (4) shares of Impact BioMedical stock for each share of DSS common stock held by DSS shareholders (with the exception of
−Removed: shares beneficially held by Alset International Ltd).
+Added: This number does not include the number
+Added: of persons whose shares are in nominee or in “street name” accounts through brokers.
+Added: We did not pay
+Added: dividends during 2022.
+Added: In 2023, we did not pay cash dividends.
+Added: In April 2023, DSS distributed to its shareholders two (2) shares of
+Added: its beneficially owned common stock of Sharing Services Global Corporation (OTC:
+Added: SHRG) for each share of DSS common stock owned.
+Added: August of 2023, the Company issued four (4) shares of Impact BioMedical, Inc., formerly a wholly-owned subsidiary of the Company, to
+Added: its shareholders of record on July 10, 2023.
+Added: The payment of dividends
+Added: on our common stock is subject to the discretion of our board of directors and will depend on our operations, financial position, financial
+Added: requirements, general business conditions, restrictions imposed by financing arrangements, if any, legal restrictions on the payment
+Added: of dividends and other factors that our board of directors deems relevant.
Authorized for Issuance Under Equity Compensation Plans
−Removed: of December 31, 2021, securities issued and securities available for future issuance under both our 2013 and 2020 Employee, Director
−Removed: and Consultant Equity Incentive Plan (the “Plans”) is as follows:
−Removed: stock to be issued upon vesting
−Removed: of securities to be issued upon exercise of outstanding options, warrants and rights
−Removed: average exercise price of outstanding options, warrants and rights
−Removed: of securities
−Removed: available for
−Removed: issuance (under
−Removed: Equity compensation plans approved by security
−Removed: 2013 Employee,
−Removed: Director and Consultant Equity Incentive Plan - options
−Removed: 2013 Employee, Director
−Removed: and Consultant Equity Incentive Plan - warrants
+Added: As of December 31,
+Added: 2023, securities issued and securities available for future issuance under both our 2013 and 2020 Employee, Director and Consultant Equity
+Added: Incentive Plan (the “Plans”) is as follows:
+Added: Restricted stock to be issued upon vesting
+Added: Number of securities to be issued upon exercise of outstanding options, warrants and rights
+Added: Weighted average exercise price of outstanding options, warrants and rights
+Added: Number of securities
+Added: remaining available for
+Added: future issuance (under equity compensation
+Added: Plans (excluding
+Added: securities reflected in
+Added: column (a & b))
+Added: Plan Category
+Added: Equity compensation plans approved by security holders
+Added: 2013 Employee, Director and Consultant Equity Incentive Plan - options
+Added: 2013 Employee, Director and Consultant Equity Incentive Plan - warrants
2020 Employee, Director and Consultant Equity Incentive Plan
−Removed: warrants listed in the table above were issued to third party service providers in partial or full payment for services rendered and
−Removed: in conjunction with third party funding agreements.
Issuances of Unregistered Securities
−Removed: regarding any equity securities we have sold during the period covered by this Report that were not registered under the Securities Act
−Removed: of 1933, as amended, and was not included in a quarterly report on Form 10-Q or in a current report on Form 8-K, is set forth below.
−Removed: Each such transaction was exempt from the registration requirements of the Securities Act by virtue of Section 4(a)(2) of the Securities
−Removed: Act or Rule 506 of Regulation D promulgated by the SEC, unless otherwise noted.
+Added: Information regarding
+Added: any equity securities we have sold during the period covered by this Report that were not registered under the Securities Act of 1933,
+Added: as amended, and was not included in a quarterly report on Form 10-Q or in a current report on Form 8-K, is set forth below.
+Added: transaction was exempt from the registration requirements of the Securities Act by virtue of Section 4(a)(2) of the Securities Act or
+Added: Rule 506 of Regulation D promulgated by the SEC, unless otherwise noted.
Unless stated otherwise:
−Removed: (i) the securities were offered
−Removed: and sold only to accredited investors;
+Added: (i) the securities were offered and
+Added: sold only to accredited investors;
(ii) there was no general solicitation or general advertising related to the offerings;
−Removed: each of the persons who received these unregistered securities had knowledge and experience in financial and business matters which allowed
+Added: of the persons who received these unregistered securities had knowledge and experience in financial and business matters which allowed
them to evaluate the merits and risk of the receipt of these securities, and that they were knowledgeable about our operations and financial
3 unchanged sentences
Repurchased by the Registrant
−Removed: did not purchase or repurchase any of our securities in the fiscal year ended December 31, 2021, including the fourth quarter.
+Added: We did not purchase
+Added: or repurchase any of our securities in the fiscal year ended December 31, 2023.
6 - SELECTED FINANCIAL DATA
+Added: Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.