DSG Global Inc (DSGT)

[RoamingBull]

edit: it looks like DSG is receiving up to $6.91m from the deal

Preliminary until signed.

However just a quick scan it seems the $3m in funding yields GHS up to 10m shares. 3m in upfront warrants and 7m for the preferred shares (which can be bought back)

The Selling Stockholder identified in this prospectus may offer and sell up to 10,000,000 shares of common stock, which will consist of up to 3,000,000 shares of common stock issuable upon exercise of outstanding warrants to purchase shares of common stock (the “Warrants”) and up to 7,000,000 shares of common stock upon conversion of certain shares of Series F Preferred Stock of the Company (the “Preferred Stock”), in each case as issued by us to GHS Investments LLC (“GHS” or the “Selling Stockholder”) pursuant to a Securities Purchase Agreement (the “Securities Purchase Agreement”) dated December 23, 2020.