---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-26-015690"
form_type: "8-K"
ticker: "ASST"
cik: "0001920406"
company_name: "Strive, Inc."
filed_at: "2026-10-16T12:00:22+00:00"
generated_at: "2026-10-16T12:05:17.649814+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Strive prices upsized 7,000,000-share SATS preferred offering at $90, expects $630 million gross proceeds

## Summary
- Strive priced 7,000,000 shares of 15.00% Series A Perpetual SATS Preferred Stock at $90 per share, an upsize of 2,000,000 shares.
- Estimated gross proceeds are about $630 million; issuance and sale is scheduled to settle on October 20, 2026, subject to customary closing conditions.
- Net proceeds may fund bitcoin and bitcoin-related products, working capital, income-generating assets, capital expenditures, and repurchases of Class A Common or SATA Stock.
- Barclays and Cantor are joint book-running managers; Clear Street is lead manager; B. Riley, H.C. Wainwright, Maxim Group, and StoneX are co-managers.
- SATS Stock pays 15.00% cumulative dividends on $100 stated amount; Strive plans to deposit $22.50 per share for 18 months of dividends.

## SEC filing metadata
- accession: 0000950103-26-015690
- form_type: 8-K
- ticker: ASST
- cik: 0001920406
- company_name: Strive, Inc.
- filed_at: 2026-10-16T12:00:22+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1920406/000095010326015690/0000950103-26-015690-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1920406/000095010326015690/dp255095_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-26-015690
- JSON: https://secwatch.observer/filing/0000950103-26-015690.json
- Plain text: https://secwatch.observer/filing/0000950103-26-015690.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.