Strive Shares Fall 6% After $1 Billion Preferred Stock Sales Agreement
Strive entered an agreement under which it may issue and sell 15.00% Series A perpetual SATS preferred stock, with an offering price of up to $1 billion. Shares were down 6% at $27.40 Monday, but were up 25% over the past…
By Chris WackStrive were lower after the company said it entered into a sales agreement in which it may issue and sell shares of its 15.00% Series A perpetual SATS preferred stock, with an offering price of up to $1 billion.The stock was 6% lower, at $27.40, on Monday, but is 25% higher in the past…