Dr Ashleys Limited and Impact BioMedical Inc. Announce Strategic Merger

Impact BioMedical Inc. (NYSE American: IBO), a pioneering biotechnology company dedicated to discovering, developing, and patenting innovative healthcare solutions, today announced that there has been no material development in its business affairs not previously disclosed or, to its knowledge, any other reason to account for the unusual market action regarding its share price.

Impact Biomedical Inc. Announcement Stock Activity / Pricing

Impact BioMedical Inc. (NYSE American: IBO), a pioneering biotechnology company dedicated to discovering, developing, and patenting innovative healthcare solutions, today announced that there has been no material development in its business affairs not previously disclosed or, to its knowledge, any other reason to account for the unusual market action regarding its share price.

Impact Biomedical, Inc. Announces U.S. Patent Allowance of Laetose™ Technology Entitled “Low Glycemic Sugar Composition.”

NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) — Impact Biomedical Inc. (IBIO), in which DSS Inc.
(NYSE American: DSS) has a significant investment, is thrilled to announce a milestone in its
innovative Laetose™ technology platform. The U.S. Patent and Trademark Office (USPTO) has
issued U.S. patent # 11,898,184, entitled “Low Glycemic Sugar Composition” developed within this
platform.