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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 2, 2025
STRIVE, INC.
(Exact name of Company as specified in its charter)
| Nevada |
|
001-41612 |
|
88-1293236 |
|
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
| 200 Crescent Ct, Suite 1400, Dallas, TX |
|
75201 |
| (Address of principal executive offices) |
|
(Zip Code) |
| (855) 427-7360 |
| (Company’s telephone number, including area code) |
| |
| (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 Company 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 |
| Class A Common Stock, $0.001 par value per share |
|
ASST |
|
The Nasdaq Stock Market LLC |
Indicate by check
mark whether the Company is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities
Exchange Act of 1934.
Emerging Growth Company ☒
If an emerging growth company, indicate by check
mark if the Company 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.
| Item 2.02. |
Results of Operations and Financial Condition. |
As of September 30, 2025, Strive, Inc. (the “Company”
or “Strive”) held $108.6 million of cash and cash equivalents and 5,886 bitcoins acquired at an average cost of $116,053 per
bitcoin. Through September 30, 2025, 10,993,213 shares of Class A Common Stock have been sold through the Company’s at-the-market
offering program at an average price of $5.3854 per share. The Company intends to strategically increase cash reserves for potential interest
obligations as it focuses on issuing a perpetual preferred equity security in 2025.
The Company’s financial closing procedures
for the third quarter ended September 30, 2025, are not yet complete. The preliminary unaudited financial information presented herein
are estimates based on information available to management as of the date of this current report on Form 8-K, have not been reviewed or
audited by the Company’s independent registered accounting firm, and are subject to change. It is possible that the final results
may differ from the preliminary unaudited information provided, including differences due to the completion of the financial closing procedures
and/or the interim review process; changes in facts, circumstances and/or assumptions and/or developments in the interim. The preliminary
unaudited financial information does not present all information necessary for a complete understanding of the Company’s results
for the third quarter ended September 30, 2025 and should not be viewed as a substitute for full financial statements prepared in accordance
with U.S. generally accepted accounting principles, or GAAP.
The information reported under Item 2.02 is hereby
incorporated by reference herein.
Cautionary Statement Regarding Forward-Looking
Statements
Certain statements herein and the documents incorporated
herein by reference may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform
Act of 1995, Section 27A of the Securities Act, and Rule 175 promulgated thereunder, and Section 21E of the Exchange Act, and Rule 3b-6
promulgated thereunder, which statements involve inherent risks and uncertainties. Such statements are often characterized by the use
of qualified words (and their derivatives) such as “may,” “will,” “anticipate,” “could,”
“should,” “would,” “believe,” “contemplate,” “expect,” “estimate,”
“continue,” “plan,” “project,” “predict,” “potential,” “assume,”
“forecast,” “target,” “budget,” “outlook,” “trend,” “guidance,”
“objective,” “goal,” “strategy,” “opportunity,” and “intend,” as well as words
of similar meaning or other statements concerning opinions or judgment of Strive or its management about future events. Forward-looking
statements are based on assumptions as of the time they are made and are subject to risks, uncertainties and other factors that are difficult
to predict with regard to timing, extent, likelihood and degree of occurrence, which could cause actual results to differ materially from
anticipated results expressed or implied by such forward-looking statements.
Although the Company believes that its expectations
with respect to forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business
and operations, there can be no assurance that actual results of the Company will not differ materially from any projected future results
expressed or implied by such forward-looking statements. Additional factors that could cause results to differ materially from those described
above can be found in the Company’s documents filed with the Securities and Exchange Commission. The actual results anticipated
may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on the Company. Investors
are cautioned not to rely too heavily on any such forward-looking statements. Forward-looking statements speak only as of the date they
are made and the Company undertakes no obligation to update or clarify these forward-looking statements, whether as a result of new information,
future events or otherwise, except to the extent required by applicable law.
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
| Date: October 2, 2025 |
STRIVE, INC. |
| |
|
| |
/s/ Matthew Cole |
| |
Name: Matthew Cole |
| |
Title: Chief Executive Officer |
