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Form 8-K · Current Report · Filed 2025-11-10

Strive Announces Closing of Oversubscribed IPO and NASDAQ Listing of SATA Stock

On November 10, 2025, Strive, Inc. closed an oversubscribed initial public offering (IPO) of 2,000,000 shares of its Variable Rate Series A Perpetual Preferred Stock (SATA Stock) at a public offering price of $80 per share. The net proceeds of approximately $149.3 million were used to purchase Bitcoin and for general corporate purposes. The SATA Stock is expected to begin trading on the Nasdaq Global Market under the ticker symbol 'SATA'. The issuance of SATA Stock also involved modifications to the rights of security holders.

Filer
Asset Entities Inc. ASST · NASDAQ
Filed
Accession
0001140361-25-041295
CIK
0001920406
Signal
High impactCommunication Services
Source
Official filing on sec.gov ↗

Items reported

Item 1.01

Entry into a Material Definitive Agreement

Financial Instrument Agreement
Item 3.03

Material Modification to Rights of Security Holders

Material Modification of Rights of Security Holders

Market reaction

Close before filing

$30.20

Next session

-9.9%

Since filing

-3.8%

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:

Strive, Inc. Announces Agreement to Merge with Semler Scientific, Inc.-22.1%
Strive, Inc. Announces Sales Agreement and Share Repurchase Program-47.2%
Strive, Inc. Completes Merger with Strive Enterprises, Inc. and Announces Significant Equity Financing-30.2%
Asset Entities, Inc. Announces Exchange of Class A Common Stock for Bitcoin+4.1%
Asset Entities Inc. Assigns Rights to Hybrid Assets LLC+6.2%

About Asset Entities Inc.

Asset Entities Inc. is a service-oriented company that focuses on providing innovative social media marketing and content creation solutions. Its primary mission is to assist clients in enhancing their brand visibility and engagement through strategic content design and distribution. By leveraging advanced digital marketing techniques and a deep understanding of social media dynamics, Asset Entities Inc. plays a pivotal role in shaping modern marketing strategies for businesses across various sectors. The company's services impact industries ranging from technology to retail, by facilitating more effective consumer interactions and driving brand loyalty. In the financial market, Asset Entities Inc. is recognized for its potential to adapt and thrive in the evolving digital media landscape, serving as a crucial resource for companies seeking to navigate and capitalize on the complexities of social media platforms.

Exchange NASDAQ Industry Internet Content & Information Company website ↗

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