Strive launches $500M at-the-market preferred stock program; enters letter with Vivek Ramaswamy

Strive, Inc.

ATM program for Variable Rate Series A Perpetual Preferred Stock (SATA) up to $500M aggregate sales price.
Proceeds intended for bitcoin acquisition, working capital, share repurchases, debt repayment, and acquisitions.
Letter agreement with Vivek Ramaswamy permits board-elected conversion of Class B common into Class A common.
Authorized SATA shares increased to 20 million via certificate of amendment filed December 9, 2025.
Agents: Cantor Fitzgerald, Barclays, Clear Street; commission up to 3% of gross proceeds.

item 1.01 item 3.03 item 5.03 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Strive, Inc.: Filed Certificate of Amendment to Certificate of Designation to increase authorized SATA Stock shares to 20,000,000 (effective 2025-12-09).

Change: charter amendment
Effective: 2025-12-09

Exact text from the filing

On December 9, 2025, the Company filed a Certificate of Amendment to the Certificate of Designation relating to the SATA Stock (the "Certificate of Amendment") to certify the authorization to increase the number of authorized shares of its SATA Stock to 20,000,000 shares.

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261 governance changes filed in the last 30 days. Browse all governance changes →

Strive, Inc. filing history →

Source: SEC EDGAR

accession 0001140361-25-045044

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