Strive Prices Upsized SATS Preferred Stock IPO at $630 Million
Strive priced an IPO of 7,000,000 shares of 15% Series A Perpetual SATS Preferred Stock at $90 per share. The October 15, 2026 offering was upsized by 2,000,000 shares, bringing expected gross proceeds to approximately $630 million. Settlement is scheduled for October 20, 2026. * Net proceeds will fund general corporat