---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-045044"
form_type: "8-K"
ticker: "ASST"
cik: "0001920406"
company_name: "Strive, Inc."
filed_at: "2025-12-09T23:59:59+00:00"
generated_at: "2026-05-16T13:50:37.157407+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-25-045044
- form_type: 8-K
- ticker: ASST
- cik: 0001920406
- company_name: Strive, Inc.
- filed_at: 2025-12-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1920406/000114036125045044/0001140361-25-045044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1920406/000114036125045044/ef20060773_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-045044
- JSON: https://secwatch.observer/filing/0001140361-25-045044.json
- Plain text: https://secwatch.observer/filing/0001140361-25-045044.txt

## Key facts
- Governance Changes
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1920406/000114036125045044/0001140361-25-045044-index.htm

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