Strive, Inc. (ASST): M&A transaction — Strive, Inc. closes merger with Strive Enterprises, raises $750M PIPE, appoints new board and CEO

Strive, Inc.

Merger completed Sep 12, 2025; Strive securityholders received 270.5M shares (94.2% pro forma ownership).
PIPE financing raised ~$750M: 345.5M Class A shares, 209.8M pre-funded warrants, 555.3M traditional warrants at $1.35.
New board (11 members) appointed: CEO Matthew Cole, CFO Benjamin Pham, CLO Logan Beirne, CMO Arshia Sarkhani.
Controlling shareholders (Ramaswamy group) entered agreement with board nomination rights and voting control; company becomes controlled company.
Issued 2.68M Class A shares for 69 bitcoin via 351 Exchange.

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Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Strive, Inc. completed an acquisition involving Strive Enterprises, Inc. (closed 2025-09-12).

Action: acquisition
Counterparty: Strive Enterprises, Inc.
Closing: 2025-09-12

Exact text from the filing

On September 12, 2025, pursuant to the Merger Agreement, Merger Sub merged with and into Strive, with Strive surviving as a wholly owned subsidiary of the Company (the "Merger").

View on SEC.gov

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Strive, Inc. underwent a change of control involving Strive Enterprises, Inc. (closed 2025-09-12).

Action: change of control
Counterparty: Strive Enterprises, Inc.
Closing: 2025-09-12

Exact text from the filing

On September 12, 2025, pursuant to the Merger Agreement, Merger Sub merged with and into Strive, with Strive surviving as a wholly owned subsidiary of the Company (the "Merger").

View on SEC.gov

5 m&a transactions filed in the last 30 days. Browse all m&a transactions →

Strive, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-087278

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