Form 8-K · Current Report · Filed 2024-07-29
Asset Entities Regains Nasdaq Compliance
Asset Entities Inc. announced on July 29, 2024, that it has regained compliance with Nasdaq's minimum bid price requirement and stockholders' equity rule. This follows a one-for-five reverse stock split on July 1, 2024, which helped raise the minimum bid price of its Class B Common Stock above $1.00 per share. Nasdaq confirmed compliance in a letter on July 24, 2024.
- Filer
- Strive, Inc. Class A Common Stock ASST · NASDAQ
- Filed
- Accession
- 0001013762-24-001807
- CIK
- 0001920406
- Signal
- High impactFinancial Services
- Source
- Official filing on sec.gov ↗
Items reported
Regulation FD Disclosure
Other Events
Financial Statements and Exhibits
Market reaction
Close before filing
$29.20
Next session
-4.1%
Since filing
-0.5%
Latest close
$29.04
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from ASST reporting the same item, with the next session's move:
Exhibits (1)
About Strive, Inc. Class A Common Stock
Strive, Inc. Class A Common Stock represents the publicly traded common equity of Strive, Inc., a financial services company focused on asset management and investment advisory services. Strive primarily serves investment vehicles through portfolio management and research-driven investment processes, with a business model centered on managing exchange-traded funds and related institutional investment solutions. The company’s operations are organized around asset management activities and corporate treasury functions, making the stock relevant to investors tracking both traditional fund management and digitally oriented balance-sheet strategies. Strive, Inc. is headquartered in Dallas, Texas, and its Class A common stock is used to reflect the market’s view of the company’s current business mix, client base, and role in the investment management sector.
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