Form 8-K · Current Report · Filed 2024-09-04
Asset Entities Inc. Amends Convertible Preferred Stock Designations
On September 3, 2024, Asset Entities Inc. amended the Certificate of Designation for its Series A Convertible Preferred Stock. The amendments include allowing multiple Conversion Notices to be outstanding simultaneously and modifying the beneficial ownership limitations to prevent exceeding 4.99% ownership of Class B Common Stock. These changes were approved by the Series A Preferred Stock holder and became effective immediately upon filing.
- Filer
- Strive, Inc. Class A Common Stock ASST · NASDAQ
- Filed
- Accession
- 0001213900-24-075624
- CIK
- 0001920406
- Signal
- High impactFinancial Services
- Source
- Official filing on sec.gov ↗
Items reported
Material Modification to Rights of Security Holders
Amendments to Articles of Incorporation or Bylaws
Submission of Matters to a Vote of Security Holders
Financial Statements and Exhibits
Market reaction
Close before filing
$41.00
Next session
+18.5%
Since filing
-29.2%
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 (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.
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