---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-001875"
form_type: "8-K"
ticker: "ASST"
cik: "0001920406"
company_name: "Strive, Inc."
filed_at: "2026-01-21T23:59:59+00:00"
generated_at: "2026-05-16T09:21:19.820258+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Strive proposes $150M follow-on offering of SATA perpetual preferred stock

## Summary
- Strive announces $150M follow-on offering of Variable Rate Series A Perpetual Preferred Stock (SATA).
- Proceeds to redeem 4.25% Semler Convertible Notes due 2030, repay Coinbase loan, acquire bitcoin, and for working capital.
- Negotiating exchange of Semler Convertible Notes for SATA Stock; offering not contingent on exchange.
- Initial dividend rate 12.25% p.a., adjustable; intent to keep SATA trading near $95-$105 per share.
- Barclays and Cantor acting as joint book-running managers; Clear Street as co-manager.

## SEC filing metadata
- accession: 0001140361-26-001875
- form_type: 8-K
- ticker: ASST
- cik: 0001920406
- company_name: Strive, Inc.
- filed_at: 2026-01-21T23:59:59+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/1920406/000114036126001875/0001140361-26-001875-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1920406/000114036126001875/ny20063534x2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-001875
- JSON: https://secwatch.observer/filing/0001140361-26-001875.json
- Plain text: https://secwatch.observer/filing/0001140361-26-001875.txt

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