Strive sets $100 minimum sale price for future Series A preferred stock issuance

Bitget2026/10/13 12:03

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Strive amended governing documents for its Variable Rate Series A Perpetual Preferred Stock to set a minimum sale price of $100.00 per share.
Change makes the company’s policy of not issuing SATA below $100.00 per share a binding restriction.
Revised “Business Day” definition to include Saturdays and Sundays under certain market and settlement conditions, enabling potential weekend daily dividends.
No near-term change expected to the dividend cadence.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Strive Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-065594), on October 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Strive sets $100 minimum sale price for future Series A preferred stock issuance

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