Strive Announces Proposed IPO of SATA Stock for General Corporate Purposes and Working Capital

Monday, Nov 3, 2025 8:37 am ET1min read

Strive, Inc. plans to conduct an initial public offering of 1.25 million shares of Variable Rate Series A Perpetual Preferred Stock. The net proceeds will be used for general corporate purposes, including acquisitions and working capital. The preferred stock will accumulate cumulative dividends at a variable rate per annum and will have the right to adjust the monthly regular dividend rate per annum subject to certain restrictions.

Strive Announces Proposed IPO of SATA Stock for General Corporate Purposes and Working Capital

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