---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-040098"
form_type: "8-K"
ticker: "ASST"
cik: "0001920406"
company_name: "Strive, Inc."
filed_at: "2025-11-03T23:59:59+00:00"
generated_at: "2026-05-17T00:57:13.871610+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Strive proposes IPO of 1.25M shares of Variable Rate Series A Perpetual Preferred Stock

## Summary
- Proposes IPO of 1,250,000 shares of Variable Rate Series A Perpetual Preferred Stock (SATA Stock) at $100 stated amount.
- Initial monthly dividend rate 12% per annum; Strive may adjust rate subject to caps tied to SOFR and minimum floor.
- Net proceeds for general corporate purposes, including bitcoin acquisition, working capital, and potential debt repayment.
- Strive may redeem shares at $110 per share after listing on Nasdaq or NYSE; minimum $50M outstanding for partial redemption.
- Barclays and Cantor are joint book-running managers; Clear Street is co-manager.

## SEC filing metadata
- accession: 0001140361-25-040098
- form_type: 8-K
- ticker: ASST
- cik: 0001920406
- company_name: Strive, Inc.
- filed_at: 2025-11-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1920406/000114036125040098/0001140361-25-040098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1920406/000114036125040098/ny20057899x1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-040098
- JSON: https://secwatch.observer/filing/0001140361-25-040098.json
- Plain text: https://secwatch.observer/filing/0001140361-25-040098.txt

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