---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-054334"
form_type: "8-K"
ticker: "ASST"
cik: "0001920406"
company_name: "Strive, Inc."
filed_at: "2023-07-05T23:59:59+00:00"
generated_at: "2026-06-13T12:54:57.411107+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Asset Entities signs $1M stock purchase agreement with Triton Funds at 85% of VWAP

## Summary
- Up to $1M of Class B common stock may be sold at 85% of the lowest daily VWAP over the prior 5 business days.
- Closing must occur by September 30, 2023; conditioned on effective registration and Triton ownership below 9.99%.
- Net proceeds will be used for general corporate and working capital purposes.
- Boustead Securities to receive 7% cash fee and 7% warrant coverage, plus 1% expense allowance.
- No pre-existing relationship between Asset Entities and Triton Funds other than this agreement.

## SEC filing metadata
- accession: 0001213900-23-054334
- form_type: 8-K
- ticker: ASST
- cik: 0001920406
- company_name: Strive, Inc.
- filed_at: 2023-07-05T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1920406/000121390023054334/0001213900-23-054334-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1920406/000121390023054334/ea181319-8k_assetent.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-054334
- JSON: https://secwatch.observer/filing/0001213900-23-054334.json
- Plain text: https://secwatch.observer/filing/0001213900-23-054334.txt

## Key facts
- Material Agreements
  Strive, Inc. entered into Closing Agreement with Triton Funds LP valued at $1,000,000 (effective 2023-06-30).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Triton Funds LP
  - Value: $1,000,000
  - Effective: 2023-06-30
  source text: On June 30, 2023, Asset Entities Inc., a Nevada corporation (the “Company”), entered into a Closing Agreement (the “Closing Agreement”) with Triton Funds LP, a Delaware limited partnership (“Triton Funds”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1920406/000121390023054334/0001213900-23-054334-index.htm

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