Strive Upsizes SATS Preferred Offering at 10% Discount as ASST Slips
Strive priced a larger SATS preferred-stock offering at a 10% discount. ASST shares edged 0.4% lower overnight.
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05:49:42 AM UTC
SquawkNews
WASHINGTON (dpa-AFX) - Strive, Inc. (ASST), an investment management company, on Thursday announced that it had priced an upsized initial public offering of 7 million shares of its 15% Series A Perpetual SATS Preferred Stock at $90 per share.The issuance and sale of the shares are scheduled to sett…
Shares of Strive, Inc. (ASST) edged 0.4% lower overnight heading into Friday after the bitcoin treasury company priced a larger SATS preferred-stock offering at a discount, while CEO Matt Cole dismissed criticism of its five-year share-price history as “meaningless.”ASST stock ended Thursday’s regu…