Alset EHome International Inc.'s American Pacific Bancorp Subsidiary Receives USD $40 Million Investment from Document Security Systems, Inc.

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Sep 09, 2021

BETHESDA, MD / ACCESSWIRE / September 9, 2021 / Alset EHome International Inc. (NASDAQ:AEI) ("AEI" the "Group" or "Company"), a diversified holding company principally engaged through its subsidiaries in the development of EHome communities and other property development, financial services, digital transformation technologies, biohealth activities and consumer products, is pleased to announce that its subsidiary American Pacific Bancorp, Inc. ("APB") has completed a subscription agreement with Document Security Systems, Inc. (NYSE: DSS)("DSS"). Pursuant to the subscription agreement, APB will issue 6,666,700 shares of its common stock at an appraised value of $6.00 per share for an aggregate purchase price of approximately $40 Million.