Strive to Offer 1.25M Series A Preferred Shares in IPO for General Corporate Purposes.

Strive plans to conduct an initial public offering of 1.25 million shares of its Variable Rate Series A Perpetual Preferred Stock. The company intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of other businesses. The IPO will allow Strive to raise additional capital to support its growth plans.