{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-26-015849","form_type":"8-K","ticker":"ASST","cik":"0001920406","company_name":"Strive, Inc.","filed_at":"2026-10-20T13:09:05+00:00","discovered_at":"2026-10-20T13:10:00.173051+00:00","generated_at":"2026-10-20T13:10:07.381045+00:00","sec_items":["3.03","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Strive closes upsized $630M IPO of 7M 15.00% SATS preferred at $90/share, lists on Nasdaq","bullets":["Sold 7,000,000 shares of 15.00% Series A Perpetual SATS Preferred at $90/share ($630M gross); trading begins on Nasdaq under \"SATS\" on or around October 20, 2026.","SATS pays a 15.00% cumulative dividend on a $100 stated amount, in cash, when declared; first regular dividend date is November 9, 2026 and includes accruals from closing.","Strive pre-funded an 18-month dividend reserve equal to $22.50 per share (~$157.5M) using existing cash and securities.","SATS ranks senior to Class A/B common but junior to the existing SATA preferred; $100 liquidation preference resets daily to the greatest of stated amount, prior-day close, or 10-day VWAP.","Company may redeem all SATS if outstanding falls below 25% of the original issuance or on certain tax events; holders get a Fundamental Change repurchase right at stated amount plus accrued dividends."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-26-015849","json":"https://secwatch.observer/filing/0000950103-26-015849.json","markdown":"https://secwatch.observer/filing/0000950103-26-015849.md","text":"https://secwatch.observer/filing/0000950103-26-015849.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1920406/000095010326015849/0000950103-26-015849-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1920406/000095010326015849/dp255260_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-20T13:10:07.381045+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}