Form 8-K · Current Report · Filed 2025-01-22
Asset Entities Inc. Modifies Rights of Series A Convertible Preferred Stock
On January 22, 2025, Asset Entities Inc. amended the Certificate of Designation of Series A Convertible Preferred Stock to redefine the 'Floor Price' as $0.18, subject to adjustments for stock changes. This amendment was approved by the holder of all outstanding Series A Preferred Stock on January 21, 2025. Additionally, the company amended its Articles of Incorporation or Bylaws and changed its fiscal year. These changes were filed as Exhibit 3.1 to this 8-K report.
- Filer
- Asset Entities Inc. ASST · NASDAQ
- Filed
- Accession
- 0001213900-25-005554
- CIK
- 0001920406
- Signal
- High impactCommunication 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
$18.00
Next session
+17.8%
Since filing
+61.3%
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 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.
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