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Sichenzia Ross Ference LLP Represents Document Security Systems, Inc. in $39.7 Million Upsized Public Offering of Common Stock

NYSE American: DSS

Press Release – New York, NY – February 9, 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 14,167,247 shares of the company’s common stock at a price of $2.80 per share, bringing the gross proceeds to approximately $39.7 million. The shares of common stock were offered pursuant to a shelf registration statement on Form S-3 (File No. 333-230740), which was declared effective by the SEC on May 8, 2019.

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.