Strive, Inc. 8-K

What Happened

• Strive, Inc. (ASST) filed an 8-K reporting a 1-for-20 reverse stock split of its Class A and Class B common stock. The company filed a Certificate of Change with the Nevada Secretary of State on February 3, 2026, making the reverse split effective at 12:01 a.m. Pacific Time on February 6, 2026. Trading on Nasdaq under the ticker "ASST" is expected to reflect the split when markets open on February 6, 2026.

Key Details

• Reverse ratio: 1-for-20 (every 20 pre-split shares → 1 post-split share for both Class A and Class B).
• Authorized shares reduced proportionally: Class A from 444,000,000,000 to 22,200,000,000; Class B from 21,000,000,000 to 1,050,000,000. Preferred stock authorization unchanged at 21,000,000,000.
• New CUSIP for Class A common stock: 862945 300. Par value remains $0.001 per share.
• Proportionate adjustments will be made to outstanding equity awards, warrants and convertible notes (including exercise/grant prices). No fractional shares will be issued — fractional entitlements will be rounded up to the nearest whole share; no cash will be paid for fractions. VStock Transfer, LLC is acting as exchange agent.

Why It Matters

• A reverse split reduces the number of shares outstanding and raises the per-share price mechanically; it does not change the company’s market value by itself. For holders, share counts and reported per-share figures will change (and option/warrant terms will be adjusted) but ownership percentage should remain effectively the same after rounding.
• The filing confirms the split was effected under Nevada law without stockholder approval (because authorized and issued shares were reduced proportionally), and trading will reflect the split on Nasdaq starting February 6, 2026. Investors should check updated holdings and account statements after that date and note the new CUSIP for paperwork.