Strive, Inc. announced key agreements and filings on December 9, 2025.
Letter agreement with Vivek Ramaswamy for possible Class B to Class A stock conversion.
Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co., Barclays Capital Inc., and Clear Street LLC.
Filed Certificate of Amendment to increase authorized shares of SATA Stock to 20,000,000.
Declared cash dividend of $1.1333 per share payable on December 15, 2025.
Stock Conversion Potential
Board may elect to convert Class B common stock to Class A common stock.
Equity Offering Agreement
Entered into a Sales Agreement for Variable Rate Series A Perpetual Preferred Stock.
Authorized Shares Increase
Certified increase to 20,000,000 authorized shares of SATA Stock.
Cash Dividend Declared
Declared $1.1333 per share cash dividend on SATA Stock.
- The stock conversion potential indicates strategic decisions regarding capital structure.
- Equity offering agreement reflects efforts to raise capital through preferred stock.
- Increased authorized shares signal potential growth plans.
- Cash dividend declaration highlights commitment to rewarding shareholders.
Strive, Inc. made significant moves in capital structure and dividend payouts, showcasing proactive financial management.