Strive Stock Price, News & Analysis

Asset Entities (NASDAQ: ASST) has signed an agreement with Netflix star Jas Leverette to develop and manage a subscription-based digital dog training community on Discord. Leverette, star of 'Canine Intervention' and renowned dog behavioralist with over 460,000 Instagram followers, will provide personal instruction through his facility Cali K9 on obedience, socialization, behavior modification, and puppy training. The platform will feature problem-solving strategies for dog owners. Leverette's client list includes notable athletes like Stephen Curry and celebrities such as Michael B. Jordan and Kevin Hart.

Asset Entities reported significant revenue growth for Q3 2024, with revenues reaching $202,921 compared to $60,135 in Q3 2023, marking a 237% year-over-year increase. The company, which provides digital marketing and content delivery services across Discord and other social media platforms, attributes this growth to recent strategic acquisitions and partnerships. Management expressed optimism about future growth through continued strategic initiatives and collaborations.

Asset Entities Inc. (NASDAQ: ASST), a digital marketing and content delivery services provider, has received an extension until February 17, 2025, to regain compliance with Nasdaq Listing Rule 5550(b)(1). The company must meet the minimum $2,500,000 stockholders' equity requirement for continued listing on The Nasdaq Capital Market tier.

Asset Entities presented a strategic plan to Nasdaq on October 7, 2024, detailing immediate and long-term strategies to regain compliance. The plan includes reducing operating costs and pursuing additional capital through strategic financing options. The company is working to improve its financial strength and operations, including ongoing cost reduction initiatives and raising additional capital for future acquisitions.

CEO Arshia Sarkhani expressed encouragement by Nasdaq's recognition of their efforts and the additional time granted. The company aims to continue its expansion and further development of Discord and social media services, citing a significant increase in revenues over the last year.

Asset Entities Inc. (NASDAQ: ASST) has signed a pivotal agreement with renowned fitness influencer Scott Mathison to design, develop, and manage his digital fitness community on Discord. Mathison, with over 1.5 million Instagram followers and 2.1 million TikTok followers, chose Asset Entities to create a subscription-based community offering workout routines, meal prep plans, challenges, and other fitness resources.

CEO Arshia Sarkhani expressed excitement about the partnership, highlighting the company's focus on fan engagement via Discord and community growth. This collaboration aligns with Asset Entities' expertise in digital marketing and content delivery across social media platforms, potentially creating one of the world's largest digital fitness communities.

Asset Entities Inc. (NASDAQ: ASST) has announced a new episode of 'The Lounge' podcast featuring former Miami Hurricanes players Michael Irvin and Sandy Jack. The episode, hosted by Kyle Fairbanks, will focus on their experiences as teammates at the University of Miami, playing under coach Jimmy Johnson, and winning a national championship.

Michael Irvin, nicknamed 'the Playmaker,' had a successful 12-year NFL career with the Dallas Cowboys and was inducted into the Pro Football Hall of Fame in 2007. He now works as an NFL analyst on Fox's FS1 sports show 'Speak.' Sandy Jack pursued a legal career after college, obtaining a Juris Doctorate from Georgetown University Law Center.

The podcast comes at an exciting time for the Miami Hurricanes, who are currently undefeated at 6-0. 'The Lounge' can be viewed on YouTube @TheAELounge. Asset Entities provides digital marketing and content delivery services across social media platforms and is also involved with the Ternary Payment Platform.

Asset Entities Inc. (NASDAQ: ASST), a digital marketing and content delivery services provider, has entered into an agreement with Maxx Talent Awards to design, develop, and manage their Discord server. Maxx Talent Awards is a platform for aspiring actors, models, and singers to showcase their talents to top Hollywood agents, modeling agencies, and industry professionals.

The collaboration aims to expand Maxx Talent Awards' operations and talent search globally through the Discord platform. Currently operating showcases in Salt Lake City, Utah, Maxx Talent Awards plans to open a digital showcase in the near future.

Maxx Talent Awards is led by industry veterans Branden Maxx, Gregory Gulley, and Lynn Sharon, who collectively bring over four decades of experience in Hollywood as agents and managers.

Asset Entities Inc. (NASDAQ: ASST), a digital marketing and content delivery services provider, has completed a $3 million Series A Convertible Preferred Stock transaction. The company received an additional $1.5 million in gross proceeds from an institutional investor, following the initial $1.5 million closing on May 24, 2024. The Series A Preferred Stock has an initial stated value of $10,000 per share and is convertible into Class B Common Stock at an initial conversion price of $3.75, subject to alternate conversion prices at variable rates. CEO Arshia Sarkhani expressed excitement about the transaction, stating it will provide adequate capital for general corporate purposes and support the company's strategies, including potential acquisitions in the Discord and social media space.

Asset Entities Inc. (NASDAQ: ASST), a digital marketing and content delivery services provider, has regained compliance with Nasdaq listing requirements. The company received formal notice from Nasdaq confirming that it has met the minimum bid price requirement of $1.00 for at least ten consecutive business days. Additionally, Asset Entities has achieved compliance with the stockholders' equity requirement by obtaining more than $2,500,000 in equity. As a result, both listing matters have been closed, and the company's Class B Common Stock will continue to trade on The Nasdaq Capital Market under the symbol ASST.

Asset Entities announced a 1-for-5 reverse stock split for its Class A and Class B common stocks, effective July 2, 2024, to comply with Nasdaq's minimum bid price requirement. Each 5 shares of existing stock will convert into one share, and the authorized shares will reduce to 2,000,000 for Class A and 38,000,000 for Class B. The par value and other stock terms remain unchanged. Fractional shares will be rounded up, and stockholders need not take action as changes will reflect automatically in brokerage accounts. Additional details are available in the SEC filing dated June 28, 2024.