Asset Entities raises $750M in private placement linked to Strive merger

Strive, Inc.

• Issued 346M Class A shares at $1.35, plus 210M pre-funded warrants at $0.0001 exercise price and 556M traditional warrants at $1.35.
• Gross proceeds of ~$750.3M; funds to support merger with Strive Enterprises expected to close concurrently.
• Securities sold to accredited investors under Rule 506 of Regulation D; not registered under Securities Act.
• Company agrees to register resale of shares within 30 days post-closing; lock-up restrictions for 45 days after effectiveness.
• Cantor Fitzgerald acted as lead placement agent; financing contingent on shareholder approval and merger conditions.