Strive upsizes follow-on offering, issues 1.32mln SATA shares at $90 each.

Strive, Inc. has announced the pricing of a follow-on offering of 1,320,000 shares of Variable Rate Series A Perpetual Preferred Stock at $90 per share, an upsize from the previously announced $150 million transaction size. The company intends to use the net proceeds from this offering, along with cash on hand and potentially cash from terminating existing capped call transactions, to fund future acquisitions, repay existing debt, and for general corporate purposes.