Dss, Inc 8-K, filed Aug 13, 2021

UNITEDSTATES

SECURITIESAND EXCHANGE COMMISSION

Washington,D.C. 20549

FORM8-K

CURRENTREPORT

Pursuantto Section 13 or 15(d)

ofThe Securities Exchange Act of 1934

Dateof Report (Date of earliest event reported): July 6, 2021

DOCUMENTSECURITY SYSTEMS, INC.

(Exactname of registrant as specified in its charter)

6Framark Drive

Victor,New York 14564

(Addressof principal executive offices) (Zip Code)

Registrant’stelephone number, including area code: (585) 325-3610

N/A

(Formername or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Securities registered pursuant to Section 12(b) of the Act:

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item8.01 Other Events.

On January 6, 2021, the Document Security Systems, Inc. (the “Company”) announced that it had entered into a binding term sheet (the “Term Sheet”) with Alset International Limited (“Alset Singapore”), a company formed under the laws of Singapore, Health Wealth Happiness Pte. Ltd. (“HWH”), a Singaporean company and wholly-owned subsidiary of Alset Singapore, and HWH World Inc. (“HWH World”), a company registered and formed under the laws of South Korea and wholly-owned subsidiary of HWH, under which the Company was to acquire and purchase all of the outstanding equity interest in HWH World.

No definitive agreement was executed in connection with the Term Sheet, and the Term Sheet expired in accordance with its terms and was automatically terminated.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.