secwatch.observer — SEC 8-K summary
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Issuer:     Strive, Inc. (ASST)
CIK:        0001920406
Form:       8-K
Filed at:   2025-09-26T23:59:59+00:00
Accession:  0001213900-25-091908
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Semler Scientific borrows $20M at 10% via Bitcoin-backed loan to fund DOJ settlement
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- Semler Scientific borrowed $20M cash under Master Loan Agreement with Coinbase Credit.
- Loan is collateralized by Bitcoin; interest rate 10%, initial margin 156.25%, matures March 26, 2026.
- Early termination fee equals full remaining interest through loan term.
- Proceeds (with cash from ops) to pay in full previously disclosed DOJ settlement.
- Semler intends to use the loan alongside operating cash to satisfy the settlement obligation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1920406/000121390025091908/0001213900-25-091908-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1920406/000121390025091908/ea0258903-8k425_strive.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-091908

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