Strive Receives $8.3M from Warrant Exercise, Cash Reserves at $108.6M.

Thursday, Nov 6, 2025 8:42 am ET1min read

Strive, Inc. disclosed it held $108.6 million in cash and cash equivalents as of September 30, 2025. Through September 30, 2025, 10,993,213 shares of its Class A common stock were sold at an average price of $5.3854 per share through an at-the-market offering program. Strive plans to increase cash reserves for potential interest obligations as it focuses on issuing a perpetual preferred equity security in 2025. Additionally, the company received $8,259,999 in gross proceeds through the exercise of traditional warrants issued in a private investment in public equity financing transaction.

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