Sichenzia Ross Ference LLP Represents Document Security Systems, Inc. in Close of $3.4 Million Underwritten Public Offering of Common Stock
Press Release – New York, NY – July 31, 2020 – Sichenzia Ross Ference LLP 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 453,333 shares of the company’s common stock at a price of $7.50 per share, for gross proceeds to DSS of $3.4 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.
The Sichenzia Ross Ference LLP team was led by partners Gregory Sichenzia, Darrin Ocasio, and Barrett DiPaolo and associate Matthew Siracusa.