---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-009254"
form_type: "8-K"
ticker: "ASST"
cik: "0001920406"
company_name: "Strive, Inc."
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T22:04:13.157416+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Asset Entities closes IPO of 1.5M shares at $5.00, net proceeds ~$6.6M

## Summary
- Sold 1,500,000 shares of Class B Common Stock at $5.00 per share; gross proceeds $7.5M, net ~$6.6M.
- Shares began trading on Nasdaq Capital Market on Feb 3, 2023 under ticker 'ASST'.
- Underwriter Boustead Securities granted 45-day overallotment option for additional 225,000 shares.
- CEO Arshia Sarkhani: $240K salary + $10K bonus + 200,000 RSUs vesting over 3 years; similar packages for CXO and CFO.
- Proceeds to be used for infrastructure, Discord marketing, AE.360.DDM expansion, SiN network, and working capital.

## SEC filing metadata
- accession: 0001213900-23-009254
- form_type: 8-K
- ticker: ASST
- cik: 0001920406
- company_name: Strive, Inc.
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1920406/000121390023009254/0001213900-23-009254-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1920406/000121390023009254/ea172975-8k_assetent.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-009254
- JSON: https://secwatch.observer/filing/0001213900-23-009254.json
- Plain text: https://secwatch.observer/filing/0001213900-23-009254.txt

## Key facts
- Material Agreements
  Strive, Inc. entered into Underwriting Agreement with Boustead Securities, LLC (effective 2023-02-02).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Boustead Securities, LLC
  - Effective: 2023-02-02
  source text: On February 2, 2023, Asset Entities Inc., a Nevada corporation (the “Company”), entered into an underwriting agreement (the “Underwriting Agreement”) with Boustead Securities, LLC, as representative of the underwriters named on Schedule 1 thereto (the “Representative”), relating to the Company’s initial public offering (the “Offering”) of 1,500,000 shares (the “Shares”) of the Company’s Class B Common Stock, $0.0001 par value per share (“Class B Common Stock”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1920406/000121390023009254/0001213900-23-009254-index.htm

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