secwatch.observer — SEC 8-K summary
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Issuer:     Strive, Inc. (ASST)
CIK:        0001920406
Form:       8-K
Filed at:   2023-07-05T23:59:59+00:00
Accession:  0001213900-23-054334
Event type: other_material
Sentiment:  negative
Materiality: 0.50
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1920406/000121390023054334/0001213900-23-054334-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1920406/000121390023054334/ea181319-8k_assetent.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-054334

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