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Form 8-K · Current Report · Filed 2024-05-16

Asset Entities Inc. Announces Board Changes

Asset Entities Inc. announced on May 13, 2024, that Brian Regli has resigned from the board, effective May 16, 2024, and that David Reynolds has been appointed as a new director, also effective May 16, 2024. Reynolds' appointment is pursuant to an independent director agreement and indemnification agreement, details of which are provided as exhibits to the filing.

Filer
Strive, Inc. Class A Common Stock ASST · NASDAQ
Filed
Accession
0001213900-24-043939
CIK
0001920406
Signal
Medium impactFinancial Services

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Board Member Departure Board Member Appointed
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$38.00

Next session

-4.2%

Since filing

-23.6%

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:

Asset Entities Inc. Extends Securities Purchase Agreement with Triton Funds LP and Faces Nasdaq Delisting-26.9%

Exhibits (2)

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.

Exchange NASDAQ Industry Asset Management Company website ↗

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