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Strive launches up to $1 billion preferred stock offering

Strive launched an at-the-market preferred stock offering of up to $1 billion.

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11:53:27 AM UTC
SquawkNews
Strive entered into a sales agreement with seven financial firms for an at-the-market offering of up to $1 billion of its 15.00% Series A Perpetual SATS Preferred Stock. Strive may sell shares from time to time at its discretion and has no obligation to sell; it can suspend or terminate the offerin…
12:19:01 PM UTC
SquawkNews
Strive entered a sales agreement to issue and sell up to $1.0 bln of its 15.00% Series A Perpetual S