---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-063849"
form_type: "8-K"
ticker: "ASST"
cik: "0001920406"
company_name: "Strive, Inc."
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T05:00:26.168498+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Asset Entities amends $1M equity line with Triton at 85% VWAP discount

## Summary
- Restructured agreement allows issuance of Class B common stock and pre-funded warrants for up to $1M gross proceeds.
- Purchase price set at 85% of lowest VWAP during five business days before and after closing notice.
- Investor may elect pre-funded warrants with $0.01 exercise price to stay under 9.99% beneficial ownership limit.
- Closing notice must be delivered by September 30, 2023; company pays $25,000 administrative fee to Triton.
- Boustead Securities receives 7% cash fee ($70k), 1% expense allowance ($10k), and 5-year warrants for 7% of shares/warrants.

## SEC filing metadata
- accession: 0001213900-23-063849
- form_type: 8-K
- ticker: ASST
- cik: 0001920406
- company_name: Strive, Inc.
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1920406/000121390023063849/0001213900-23-063849-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1920406/000121390023063849/ea182946-8k_assetent.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-063849
- JSON: https://secwatch.observer/filing/0001213900-23-063849.json
- Plain text: https://secwatch.observer/filing/0001213900-23-063849.txt

## Key facts
- Material Agreements
  Strive, Inc. amended Amended and Restated Closing Agreement with Triton Funds LP valued at $1,000,000 (effective 2023-08-01).
  - Action: amendment
  - Agreement: equity purchase
  - Counterparty: Triton Funds LP
  - Value: $1,000,000
  - Effective: 2023-08-01
  source text: ntered into a Closing Agreement (the “Closing Agreement”) with Triton Funds LP, a Delaware limited partnership (“Triton”). Under the Closing Agreement, the Company agreed to sell to Triton shares of class B common stock, $0.0001 par value per share, of the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1920406/000121390023063849/0001213900-23-063849-index.htm

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