Alset EHome Gains 6% Following Deal With DSS

Alset EHome International Inc. (AEI) shares are rising more than6 percent on Wednesday morning trade after the company announced a $15 million share subscription agreement with Document Security Systems Inc. (DSS).

As per the subscription agreement, DSS will issue 12,155,591 shares of its common stock at a price of $1.234 per share.

Currently, shares of Alset EHome are at $2.56, up 6.67 percent from the previous close of $2.4 on a volume of 20,547,016. For the 52-week period, the shares have traded in a range of $1.65-$29.49 on average volume of 5,401,243.

DSS is trading up 3.13 percent at $1.32 on a volume of 2,367,860.

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