Form 8-K · Current Report · Filed 2024-04-09
Asset Entities Inc. Announces Sale of 621,590 Class B Common Shares to Triton Funds LP
On April 3, 2024, Asset Entities Inc. announced the sale of 621,590 Class B Common Shares to Triton Funds LP, an accredited investor, at a price of 85% of the lowest daily volume-weighted average price during the five business days prior to the closing. The transaction is exempt from Securities Act registration requirements. Additionally, the company agreed to pay Boustead Securities, LLC a fee and issue a warrant as part of the transaction.
- Filer
- Strive, Inc. Class A Common Stock ASST · NASDAQ
- Filed
- Accession
- 0001213900-24-031610
- CIK
- 0001920406
- Signal
- Medium impactFinancial Services
- Source
- Official filing on sec.gov ↗
Items reported
Unregistered Sales of Equity Securities
Market reaction
Close before filing
$39.00
Next session
+8.7%
Since filing
-25.5%
Latest close
$29.04
What happened, not what will happen — closing prices around the filing date.
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.
Never miss another ASST filing
Profitelligence watches EDGAR around the clock and alerts you within seconds.