Asset Entities Inc., a provider of digital marketing and content delivery services, announced that the SEC declared its S-4 registration statement effective for the proposed merger with Strive Enterprises, Inc.
The Company will hold a virtual special meeting on September 9, 2025, for stockholders to vote on the merger proposal.
Upon the merger's completion, the combined company will be named Strive, Inc., trading under the ticker symbol ASST, and will become a public Bitcoin Treasury Company.
Merger Details
The S-4 registration statement for the merger of Asset Entities and Strive Enterprises was declared effective by the SEC.
Stockholder Vote
Stockholders of Asset Entities can vote online until September 8, 2025, and at the virtual meeting on September 9, with 40% already committed in favor of the merger.
Financials
The merger includes a PIPE Financing expected to raise over $1.5 billion in gross proceeds, with Strive shareholders to own 94.2% and Asset Entities shareholders 5.8% of the combined company.
- The merger will create a significant shift in ownership structure, with Strive shareholders holding the majority stake in the new company.
- Asset Entities' focus on becoming a public Bitcoin Treasury Company indicates a strategic move towards cryptocurrency investments.
- The leadership transition with Matt Cole as CEO and Chairman and Arshia Sarkhani as CMO showcases a strong management team for the merged entity.
With the SEC approval and shareholder vote pending, Asset Entities is poised for a transformative merger with Strive to establish a prominent presence in the Bitcoin treasury space.