Strive sets $100 minimum before costs for SATA sales
Qualifying weekends may count as business days for SATA dividends, although Strive anticipates no near-term change in dividend cadence.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
8-K
Rhea-AI Filing Summary
Strive, Inc. amended SATA’s governing designation to require a minimum sale price of $100.00 per share for all future company sales, before underwriting or sales discounts or commissions, fees or expenses. The revised “Business Day” definition includes qualifying Saturdays and Sundays, subject to Federal Reserve Bank of New York closures, non-trading days and depositary closures or limited services. Weekend dividends depend on future permissions from the Federal Reserve Bank of New York, The Nasdaq Stock Exchange and The Depository Trust Company; Strive anticipates no near-term change in dividend cadence.
The board maintained SATA’s 13.00% annual dividend rate for periods commencing on or after November 1, 2026, and declared daily cash dividends of $0.0571 per share for November 1–30, totaling $1.0849 per share over 19 business days. Payments go to holders of record at the close of business on the preceding business day. Strive has no accumulated earnings and profits and does not expect current earnings and profits in the current year or foreseeable future; qualifying distributions generally are tax-deferred recovery of capital for U.S. holders to the extent of tax basis and exempt from U.S. dividend withholding for non-U.S. holders.
Insights
Analyzing...
8-K Event Classification
4 items: 3.03, 5.03, 8.01, 9.01
4 items
Item 3.03
Material Modification to Rights of Security Holders
Securities
A change was made that materially affects the rights of existing shareholders (e.g., dividend rights, voting rights).
Item 5.03
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Minimum SATA sale price: $100.00 per share
Annual dividend rate: 13.00%
Daily cash dividend: $0.0571 per share
+2 more
5 metrics
Minimum SATA sale price
$100.00 per share
Applies to all future SATA sales by Strive, before underwriting or sales discounts or commissions, fees or expenses.
Annual dividend rate
13.00%
Maintained for periods commencing on or after November 1, 2026.
Daily cash dividend
$0.0571 per share
For each business day from November 1 through November 30, 2026.
Full-period dividend
$1.0849 per share
Aggregate for the full monthly period of 19 business days.
Business days in dividend period
19 business days
November 2026 SATA dividend period.
Key Terms
Business Day, accumulated earnings and profits, recovery of capital, dividend withholding tax
4 terms
Business Day technical
"amended and restated the definition of “Business Day”"
A business day is any weekday when banks, stock exchanges and most government offices are open for normal operations, excluding weekends and public holidays. For investors it matters because transaction timing, settlement of trades, filing deadlines and interest calculations are all measured in business days—think of it as the financial world’s working calendar that determines when money moves and official actions take effect.
accumulated earnings and profits financial
"does not have any accumulated earnings and profits"
recovery of capital financial
"tax-deferred recovery of capital to the extent of the investor’s tax basis"
dividend withholding tax financial
"exempt from U.S. dividend withholding tax"
A dividend withholding tax is a government charge taken directly from dividend payments before they reach shareholders, so investors receive a smaller net payout. It matters because it reduces the cash investors actually get and can affect after-tax returns; depending on where the investor lives and tax treaties, some or all of the withheld amount may be claimed back or credited against other taxes, so careful record-keeping influences the final investment outcome.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is ASST’s SATA dividend for November 2026?
Strive declared $0.0571 per share in daily cash dividends for each business day from November 1 through November 30, 2026. The full monthly period totals $1.0849 per share across 19 business days, and the maintained annual dividend rate is 13.00%. Payments go to holders of record at the close of business on the preceding business day.
What changed in ASST’s SATA terms?
The amended designation requires a $100.00 minimum sale price per share for all future SATA sales by Strive, before underwriting or sales discounts or commissions, fees or expenses. It also revises the Business Day definition to include qualifying Saturdays and Sundays, subject to the stated Federal Reserve Bank of New York, trading-day and depositary-service conditions.
How does Strive describe the tax treatment of SATA distributions?
Strive says it has no accumulated earnings and profits and does not expect current earnings and profits in the current year or foreseeable future. To the extent distributions are not treated as paid from earnings and profits, they generally are tax-deferred recovery of capital for U.S. holders up to tax basis and exempt from U.S. dividend withholding for non-U.S. holders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_________________________________________________________
FORM 8-K
_________________________________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 12, 2026
_________________________________________________________
(Exact name of Registrant as Specified in Its Charter)
_________________________________________________________
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
| (Address of principal executive offices and zip code) | ||||||||
Registrant’s Telephone Number, Including Area Code: (855 ) 427-7360
(Former Name or Former Address, if Changed Since Last Report)
_________________________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 3.03. Material Modifications to Rights of Security Holders.
The information set forth in Item 5.03 of this report is incorporated herein by reference.
Item 5.03. Amendments to Articles of Incorporation or Bylaws.
Additional SATA Investor Protection, Business Day Amendment
Strive, Inc. ("Strive" or the "Company") has filed with the Nevada Secretary of State a certificate of amendment (the “Amendment”) to the Amended and Restated Certificate of Designation (the “Amended and Restated SATA Certificate of Designation”) relating to its Variable Rate Series A Perpetual Preferred Stock ("SATA") to establish a minimum sale price of $100.00 per share (before taking into account any underwriting or sales discounts or commissions, fees or expenses) for all future sales of SATA by the Company.
This provision of the Amendment is intended to formalize the Company's previously announced policy of not issuing SATA below $100.00 per share by establishing such policy as a binding restriction under SATA's governing documents. The Company believes this additional investor protection further strengthens SATA's structural protections and reinforces the Company’s commitment to disciplined capital allocation.
In addition, the Amendment amended and restated the definition of “Business Day” to no longer exclude Saturday or Sunday, provided that such days do not fall on any day on which the Federal Reserve Bank of New York is authorized or required by law or executive order to close or be closed, any day that is not a trading day, or any day that the depositary is closed for business or providing limited settlement services.
The Company has revised such definition in order to provide for daily dividends on Saturday and Sunday to the extent that the Federal Reserve Bank of New York, The Nasdaq Stock Exchange and The Depository Trust Company permit for such activities in the future. The Company does not anticipate any change to its near-term dividend cadence as a result of this amendment.
Except as summarized above, the material terms of the Amended and Restated SATA Certificate of Designation otherwise remain unchanged.
The above description of the terms of the Amendment is a summary and is not complete. A copy of the Amendment is filed as Exhibit 3.1 to this Current Report, and the above summary is qualified by reference to the terms of the Amendment, which is incorporated herein by reference. The above summary and the Amendment supplement, update and are incorporated by reference into the Company's prospectus supplements filed with the Securities and Exchange Commission on December 9, 2025 and September 15, 2025, each as further amended as of the date hereof, under its existing automatic shelf registration statement, which became effective on September 15, 2025 (File No. 333-290252), and the base prospectus contained therein.
Item 8.01. Other Events.
Dividend Rate on SATA
On October 13, 2026, the Company announced that its board of directors maintained the regular dividend rate per annum on SATA at 13.00%, effective for periods commencing on or after November 1, 2026.
Cash Dividend Declaration
Strive also announced that its board of directors declared daily cash dividends of $0.0571 (or $1.0849 in the aggregate for the full monthly period) per share of SATA for each business day for the period from November 1, 2026 through November 30, 2026, as listed in the table below (19 business days in the aggregate), which represents a per annum dividend rate of 13.00% on SATA. Daily payments will be made to stockholders of record of SATA at the close of business on the immediately preceding business day.
| Payment date | Record date | Dividend | ||||||||||||
| November 2, 2026 | October 30, 2026 | $ | 0.0571 | |||||||||||
| November 3, 2026 | November 2, 2026 | $ | 0.0571 | |||||||||||
| November 4, 2026 | November 3, 2026 | $ | 0.0571 | |||||||||||
| November 5, 2026 | November 4, 2026 | $ | 0.0571 | |||||||||||
| November 6, 2026 | November 5, 2026 | $ | 0.0571 | |||||||||||
| November 9, 2026 | November 6, 2026 | $ | 0.0571 | |||||||||||
| November 10, 2026 | November 9, 2026 | $ | 0.0571 | |||||||||||
| November 12, 2026 | November 10, 2026 | $ | 0.0571 | |||||||||||
| November 13, 2026 | November 12, 2026 | $ | 0.0571 | |||||||||||
| November 16, 2026 | November 13, 2026 | $ | 0.0571 | |||||||||||
| November 17, 2026 | November 16, 2026 | $ | 0.0571 | |||||||||||
| November 18, 2026 | November 17, 2026 | $ | 0.0571 | |||||||||||
| November 19, 2026 | November 18, 2026 | $ | 0.0571 | |||||||||||
| November 20, 2026 | November 19, 2026 | $ | 0.0571 | |||||||||||
| November 23, 2026 | November 20, 2026 | $ | 0.0571 | |||||||||||
| November 24, 2026 | November 23, 2026 | $ | 0.0571 | |||||||||||
| November 25, 2026 | November 24, 2026 | $ | 0.0571 | |||||||||||
| November 27, 2026 | November 25, 2026 | $ | 0.0571 | |||||||||||
| November 30, 2026 | November 27, 2026 | $ | 0.0571 | |||||||||||
ROC Dividend Guidance
From a U.S. federal income tax perspective, to the extent distributions on SATA are not treated as being made out of the Company's accumulated or current earnings and profits, they will be treated generally as tax-deferred recovery of capital to the extent of the investor’s tax basis (in the case of a U.S. investor) and will be treated as exempt from U.S. dividend withholding tax (in the case of a non-U.S. investor). The Company does not have any accumulated earnings and profits, and does not expect to generate current earnings and profits in the current year or the foreseeable future.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |||||||
| 3.1 | Certificate of Amendment to Amended and Restated Certificate of Designation relating to the Variable Rate Series A Perpetual Preferred Stock | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Strive, Inc. | |||||||||||
| Date: | October 13, 2026 | By: | /s/ Matthew Cole | ||||||||
| Matthew Cole | |||||||||||
| Chief Executive Officer | |||||||||||