DSS, Inc. Announces Plan to Distribute Common Stock of Sharing Services Global Corporation to Shareholders
DSS, Inc. Announces Plan to Distribute Common Stock of Sharing Services Global Corporation to Shareholders
First of Several Planned Dividends to DSS Shareholders
計劃向DSS股東派發的幾筆分紅中的第一份
ROCHESTER, N.Y., April 19, 2023 (GLOBE NEWSWIRE) -- DSS, Inc. ("DSS" or the "Company") (NYSE American: DSS), a multinational company operating nine business divisions through strategic acquisitions and development to build shareholder value through periodic spinoffs, announced that the Company plans to distribute to its stockholders common stock of Sharing Services Global Corporation ("Sharing Services" or "SHRG") that is beneficially held by DSS, directly and through its subsidiary, Decentralized Sharing Systems, Inc. ("DSSI"). Sharing Services is a diversified direct marketing company that is currently listed on the OTC (OTC: SHRG) and is in the process of up-listing to Nasdaq.
紐約州羅切斯特，2023年4月19日（GLOBE NEWSWIRE）——DSS, Inc.（“DSS” 或 “公司”）（紐約證券交易所美國證券交易所代碼：DSS）是一家通過戰略收購和開發運營九個業務部門的跨國公司，通過定期分拆來創造股東價值。該公司宣佈，公司計劃向其股東分配Sharing Services Global Corporation的普通股（”共享服務“或”SHRG“) 由 DSS 直接或通過其子公司去中心化共享系統公司實益持有 (”DSSI“)。Sharing Services是一家多元化的直銷公司，目前在場外交易所（場外交易代碼：SHRG）上市，正在納斯達克上市。
As a major shareholder in Sharing Services, DSS is focused on identifying opportunities that will foster the long-term growth of SHRG and provide long-term benefit to its shareholders. DSS Inc., together with its subsidiary DSSI, plan to distribute approximately 280 million shares, which represents over $5 million at the current market value of Sharing Services' common stock beneficially held by DSS and DSSI in a distribution to holders of DSS common stock, par value $0.02 per share ("DSS Common Stock") as of April 28, 2023 (the "Record Date") (the "Distribution"). Each share of DSS Common Stock outstanding as of 5:00 p.m., New York City time, held on the Record Date, will entitle the holder thereof to receive two (2) SHRG common stock shares.
作爲Sharing Services的主要股東，DSS專注於尋找機會，促進SHRG的長期增長併爲其股東帶來長期利益。截至2023年4月28日（“記錄日期”），DSS Inc. 及其子公司DSSI計劃向DSS和DSSI實益持有的Sharing Services普通股的當前市值分配約2.8億股，相當於超過500萬美元，面值爲每股0.02美元（“DSS普通股”）（“分配”）。截至紐約時間下午 5:00 在記錄日持有的每股已發行的DSS普通股將使持有人有權獲得兩（2）股SHRG普通股。
Immediately prior to the Distribution, DSS, together with its subsidiary DSSI, will beneficially hold 81.1% of the issued and outstanding shares of SHRG Common Stock. Upon completion of the Distribution, DSS and its subsidiary, DSSI, will retain an ownership interest of approximately 7% in Sharing Services Global Corporation.
在分配之前，DSS及其子公司DSSI將實益持有SHRG普通股81.1％的已發行和流通股份。分銷完成後，DSS及其子公司DSSI將保留Sharing Services Global Corporation約7％的所有權。
Ramping up Revenue Growth in Sharing Services
加快共享服務的收入增長
Sharing Services main points of business are through the company's two 100% owned subsidiaries, The Happy Co. and Hapi Travel Destinations. The Happy Co. operates in the health and wellness industry and markets its products primarily through an independent sales force utilizing a direct sales business model under the proprietary brand, "The Happy Co." The subscription-based travel services subsidiary, My Travel Ventures, offers deep discounts for travel relating to airfare, cruises, hotels, resorts, time shares and rental cars for destinations throughout the world.
Sharing Services的主要業務點是通過該公司的兩家100％控股的子公司——Happy Co. 和Hapi Travel Destinations。Happy Co. 從事健康和保健行業，主要通過獨立銷售隊伍銷售其產品，採用專有品牌 “The Happy Co” 的直銷商業模式。訂閱型旅行服務子公司My Travel Ventures爲前往世界各地目的地的機票、郵輪、酒店、度假村、分時和租車等相關旅行提供大幅折扣。
Recently, Sharing Services entered into a Master Franchise Agreement ("MFA") to acquire the exclusive franchise rights in North America to the brand Hapi Café from Hapi Café, Inc. Under the MFA, the Company, directly or through its subsidiaries, will operate no less than five corporate-owned stores and will offer licensing rights for others to operate. Each corporate-owned, or licensed, Hapi Café location will provide customers and Brand Partners seeking a healthier lifestyle access to functional, healthy food and beverages, a pleasant workspace with free Wi-Fi service, physical fitness, nutrition management, personal workout video content, and My Travel Ventures services.
最近，Sharing Services簽訂了一項主特許經營協議（“MFA”），從Hapi Cafe, Inc.手中收購Hapi Cafe'品牌在北美的獨家特許經營權。根據MFA，公司將直接或通過其子公司經營不少於五家公司自有門店，並將爲其他人提供經營許可權。每家企業擁有或獲得許可的Hapi Cafe分店都將爲尋求更健康生活方式的客戶和品牌合作伙伴提供實用、健康的食品和飲料、帶免費 Wi-Fi 服務的舒適工作空間、健身、營養管理、個人鍛鍊視頻內容和 My Travel Ventures 服務。
"Sharing Services is the first of several planned dividends to DSS shareholders that will enable us to focus on and continue to optimize other business in the DSS incubation pipeline, while providing DSS shareholders with a separately traded equity in Sharing Services," said Frank D. Heuszel, CEO of DSS, Inc.
DSS, Inc.首席執行官Frank D. Heuszel表示：“Sharing Services是計劃向DSS股東發放的幾筆分紅中的第一項，這將使我們能夠專注於並繼續優化DSS孵化流程中的其他業務，同時爲DSS股東提供單獨交易的共享服務股權。”
John "JT" Thatch, CEO of Sharing Services Global Corporation, added, "We look forward to having DSS shareholders as part of our shareholder base through the direct distribution of SHRG shares. We also are excited to grow the relationship with DSS and see great potential with them as we expand our distribution network and global footprint to create additional revenue and growth."
Sharing Services Global Corporation首席執行官約翰· “JT” Thatch補充說：“我們期待通過直接分配SHRG股票，讓DSS股東成爲我們的股東基礎的一部分。我們也很高興與DSS發展關係，並看到他們在擴大分銷網絡和全球足跡以創造額外收入和增長的過程中具有巨大的潛力。”
About Sharing Services Global Corporation
關於共享服務環球公司
Sharing Services Global Corporation (OTCQB:SHRG), is a publicly traded company dedicated to building shareholder value by developing or acquiring businesses, products and technologies in the direct selling industry and other industries that augment the Company's product and services portfolio, business competencies, and geographic reach. Our primary growth strategy is built on focused innovation and creativity positioned to capture profitable market share of diverse business models.
Sharing Services Global Corporation（OTCQB: SHRG）是一家上市公司，致力於通過開發或收購直銷行業和其他行業的業務、產品和技術來增加公司的產品和服務組合、業務能力和地理覆蓋範圍，從而創造股東價值。我們的主要增長戰略建立在專注的創新和創造力基礎上，旨在從各種商業模式中獲得可盈利的市場份額。
For more information on Sharing Services Global Corporation visit
有關共享服務全球公司的更多信息，請訪問
About DSS, Inc.
關於 DSS, Inc.
DSS is a multinational company operating businesses within nine divisions: Product Packaging, Biotechnology, Direct Marketing, Commercial Lending, Securities and Investment Management, Alternative Trading, Digital Transformation, Secure Living, and Alternative Energy. DSS strategically acquires and develops assets to enrich the value of its shareholders through calculated IPO spinoffs and a parametric share distribution strategy. Since 2019, under the guidance of new leadership, DSS has built the necessary foundation for achievable growth through the formation of a diversified portfolio of companies positioned to drive profitability in multiple high growth sectors. These companies offer innovative, flexible, and real-world solutions that not only provide mutual benefits for businesses and their customers, but also create sustainable value and opportunity for transformation.
DSS 是一家跨國公司，業務分爲九個部門：產品包裝、生物技術、直接營銷、商業貸款、證券和投資管理、另類交易、數字化轉型、安全生活和替代能源。DSS戰略性地收購和開發資產，通過精心設計的首次公開募股分拆和參數化股票分配策略來豐富其股東的價值。自2019年以來，在新領導層的指導下，DSS通過組建多元化的公司投資組合，爲實現可實現的增長奠定了必要的基礎，這些公司旨在推動多個高增長領域的盈利能力。這些公司提供創新、靈活和現實世界的解決方案，不僅爲企業及其客戶提供互惠互利，還可以創造可持續的價值和轉型機會。
For more information on DSS visit
有關 DSS 的更多信息，請訪問
Safe Harbor Disclosure
安全港披露
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, but are not limited to, statements related to the Company's intended use of proceeds and other statements that are not historical facts. Forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that may cause actual results or events to differ materially from those projected. These risks and uncertainties, many of which are beyond our control, include: risks relating to our growth strategy; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; risks relating to the results of development activities; our ability to attract, integrate and retain key personnel; our need for substantial additional funds; patent and intellectual property matters; competition; as well as other risks described in our SEC filings, including, without limitation, our reports on Forms 8-K, 10-K and 10-Q, all of which can be obtained on the SEC website at www.sec.gov. Readers are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date on which they are made and reflect management's current estimates, projections, expectations, and beliefs. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions, or circumstances on which any such statement is based, except as required by law.
本新聞稿包含根據經修訂的1933年《證券法》第27A條和經修訂的1934年《證券交易法》第21E條所指的安全港條款作出的前瞻性陳述。此類前瞻性陳述包括但不限於與公司預期使用收益有關的陳述以及其他非歷史事實的陳述。前瞻性陳述基於管理層當前的預期，受風險和不確定性的影響，這些風險和不確定性可能導致實際業績或事件與預期存在重大差異。這些風險和不確定性，其中許多是我們無法控制的，包括：與我們的增長戰略相關的風險；我們獲得、履行和維持融資和戰略協議和關係的能力；與發展活動結果相關的風險；我們吸引、整合和留住關鍵人員的能力；我們對大量額外資金的需求；專利和知識產權事務；競爭；以及我們在美國證券交易委員會文件中描述的其他風險，包括但不限於我們在表格8中的報告 K、10-K 和 10-Q，全部可以在美國證券交易委員會的網站www.sec.gov上獲得。提醒讀者不要過分依賴前瞻性陳述，前瞻性陳述僅代表其發表之日，反映了管理層目前的估計、預測、預期和信念。除非法律要求，否則我們明確表示沒有義務或承諾公開發布此處包含的任何前瞻性陳述的任何更新或修訂，以反映我們預期的任何變化或任何此類陳述所依據的事件、條件或情況的任何變化。
Contact:
聯繫人：
DSS Inc. Investor Relations
DSS Inc. 投資者關係
IR@dssworld.com
IR@dssworld.com
+1 (585) 565-2422
+1 (585) 565-2422
譯文內容由第三人軟體翻譯。