0001493152-23-015789.txt : 20230508 0001493152-23-015789.hdr.sgml : 20230508 20230508163019 ACCESSION NUMBER: 0001493152-23-015789 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230301 FILED AS OF DATE: 20230508 DATE AS OF CHANGE: 20230508 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DSS, INC. CENTRAL INDEX KEY: 0000771999 STANDARD INDUSTRIAL CLASSIFICATION: PAPERBOARD CONTAINERS & BOXES [2650] STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55997 FILM NUMBER: 23898218 BUSINESS ADDRESS: STREET 1: 275 WIREGRASS PKWY CITY: WEST HENRIETTA STATE: NY ZIP: 14586 BUSINESS PHONE: 585 232 1500 MAIL ADDRESS: STREET 1: 275 WIREGRASS PKWY CITY: WEST HENRIETTA STATE: NY ZIP: 14586 FORMER NAME: FORMER CONFORMED NAME: DOCUMENT SECURITY SYSTEMS INC DATE OF NAME CHANGE: 20030326 FORMER NAME: FORMER CONFORMED NAME: NEW SKY COMMUNICATIONS INC DATE OF NAME CHANGE: 19920703 FORMER NAME: FORMER CONFORMED NAME: THOROUGHBREDS USA INC DATE OF NAME CHANGE: 19861118 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SHARING SERVICES GLOBAL Corp CENTRAL INDEX KEY: 0001644488 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-DRUGS PROPRIETARIES & DRUGGISTS' SUNDRIES [5122] IRS NUMBER: 300869786 STATE OF INCORPORATION: NV FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 5200 TENNYSON PKWY #400 CITY: PLANO STATE: TX ZIP: 75024 BUSINESS PHONE: 714-203-6717 MAIL ADDRESS: STREET 1: 5200 TENNYSON PKWY #400 CITY: PLANO STATE: TX ZIP: 75024 FORMER COMPANY: FORMER CONFORMED NAME: Sharing Services, Inc. DATE OF NAME CHANGE: 20190124 FORMER COMPANY: FORMER CONFORMED NAME: Sharing Services Global Corporation. DATE OF NAME CHANGE: 20190124 FORMER COMPANY: FORMER CONFORMED NAME: Sharing Services, Inc. DATE OF NAME CHANGE: 20150609 4 1 ownership.xml X0407 4 2023-03-01 0 0001644488 SHARING SERVICES GLOBAL Corp SHRG 0000771999 DSS, INC. C/O DSS, INC. 275 WIREGRASS PKWY WEST HENRIETTA NY 14586 0 0 1 0 0 Common Stock 2023-03-14 4 A 0 33333333 0.021 A 225186870 D Common Stock 2023-03-01 4 A 0 26285714 0.021 A 251472584 I By Decentralized Sharing Systems, Inc. Common Stock 2023-03-24 4 A 0 9452647 0.021 A 260925231 I By Decentralized Sharing Systems, Inc. Common Stock 2023-03-24 4 A 0 14854159 0.021 A 275779390 I By Decentralized Sharing Systems, Inc. Common Stock 2023-03-24 4 A 0 693194 0.021 A 276472584 D Common Stock 2023-04-27 4 A 0 28877005 0.0187 A 305349589 I By Decentralized Sharing Systems, Inc. Common Stock 2023-05-04 4 D 0 280528500 0.00 D 24821089 I By Decentralized Sharing Systems, Inc. and DSS, Inc. On February 3, 2023, Sharing Services Global Corporation ("SHRG") mutually agreed with DSS, Inc. ("DSS") to enter into a Letter Agreement (the "DSS Letter Agreement"), pursuant to which the Company and DSS have agreed to terminate and release all obligations of the Consulting Agreement between SHRG and DSS effective as of December 31, 2022. In accordance with the DSS Letter Agreement, SHRG agreed to issue 33,333,333 shares of its Common Stock in lieu of cash payment to satisfy the accrued and unpaid service fees equal to $700,000 owed to DSS under the Consulting Agreement. The shares were received on March 14, 2023. On February 28, 2023, the Company and Decentralized Sharing Systems, Inc. ("DSSI"), mutually agreed in a Letter Agreement (the "DSSI Letter Agreement") to a mutual settlement of the interest accrued on the 2022 Note issued by the Company to DSSI. In accordance with the DSSI Letter Agreement, the Company agreed to issue 26,285,714 shares of the Company's Common Stock, at a price per share of $0.021 in lieu of cash payment to satisfy the accrued and unpaid interest between the Issuance Date through and including December 31, 2022, equal to $552,000 owed to DSS under the DSSI Letter Agreement. The shares were received on March 1, 2023. On April 17, 2023, DSSI, entered into a letter agreement with SHRG, pursuant to which DSSI was granted 28,877,005 shares of SHRG's Common Stock at a price per share of $0.0187, in lieu of a cash payment to satisfy the accrued and unpaid interest between January 1, 2023, through and including March 31, 2023, equal to $540,000, owed to DSSI on a two-year Convertible, Advancing Promissory Note in the principal amount of $27.0 million. The shares were received April 27, 2023. Through DSS, Inc.'s wholly-owned subsidiary, Decentralized Sharing Systems, Inc., a Nevada corporation. SHRG did not receive proceeds in connection with the distribution registered through Form S-1 (file no. 333-271184), effective April 25, 2023. The shares were distributed by both Decentralized Sharing Systems, Inc. and DSS, Inc. Common shares issued to terminate warrants. /s/ Todd D. Macko, Chief Financial Officer of DSS, Inc. 2023-05-08