Strive, Inc. (ASST) investors disclose 3.1% stake via shares and warrants

Rhea-AI Filing Summary

MMCAP International Inc. SPC and Asset Management Inc. filed an amended Schedule 13G reporting their beneficial ownership of Strive, Inc. Class A ordinary shares. They report beneficial ownership of 18,982,319 securities, representing 3.1% of the class as of 12/31/2025.

The position consists of 563,800 Class A shares and warrants exercisable for 18,418,519 Class A shares, all with shared voting and dispositive power and no sole power. The filers certify that the securities were not acquired and are not held for the purpose of changing or influencing control of Strive, Inc.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Strive, Inc.

(Name of Issuer)

Class A Ordinary Shares, par value $0.0001

(Title of Class of Securities)

862945102

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 862945102

1

Names of Reporting Persons

MMCAP International Inc. SPC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 18,982,319.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 18,982,319.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

18,982,319.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.1 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: Securities beneficially owned include 563,800 shares of Class A common stock and warrants exercisable for 18,418,519 shares of Class A common stock.

SCHEDULE 13G

CUSIP No. 862945102

1

Names of Reporting Persons

MM Asset Management Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ONTARIO, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 18,982,319.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 18,982,319.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

18,982,319.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.1 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: Securities beneficially owned include 563,800 shares of Class A common stock and warrants exercisable for 18,418,519 shares of Class A common stock.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Strive, Inc.
(b)	Address of issuer's principal executive offices: 200 Crescent Court, Suite 1400, Dallas, TX 75201
Item 2.
(a)	Name of person filing: i) MMCAP International Inc. SPC ii) MM Asset Management Inc.
(b)	Address or principal business office or, if none, residence: i) c/o Mourant Governance Services (Cayman) Limited, 94 Solaris Avenue, Camana Bay, P. O. Box 1348, Grand Cayman KY1-1108, Cayman Islands ii) 161 Bay Street, TD Canada Trust Tower, Suite 2240, Toronto, Ontario M5J 2S1 Canada
(c)	Citizenship: i) Cayman Islands ii) Ontario, Canada
(d)	Title of class of securities: Class A Ordinary Shares, par value $0.0001
(e)	CUSIP No.: 862945102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 18,982,319
(b)	Percent of class: 3.1%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 18,982,319
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 18,982,319
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

MMCAP International Inc. SPC

Signature:	Ulla Vestergaard
Name/Title:	Director
Date:	02/12/2026

MM Asset Management Inc.

Signature:	Hillel Meltz
Name/Title:	President
Date:	02/12/2026

Exhibit Information

Exhibit 99.1 Joint Filing Agreement

FAQ

What ownership stake in Strive, Inc. (ASST) is reported in this Schedule 13G/A?

The filing reports beneficial ownership of 18,982,319 Strive, Inc. securities, representing 3.1% of the Class A ordinary shares as of December 31, 2025, giving investors a clear view of this holder group’s equity position.

Who are the reporting persons in the Strive, Inc. (ASST) Schedule 13G/A filing?

The Schedule 13G/A is filed jointly by MMCAP International Inc. SPC, organized in the Cayman Islands, and Asset Management Inc., organized in Ontario, Canada. Both entities report the same shared voting and dispositive power over Strive, Inc. securities.

How is the reported 18,982,319 beneficially owned Strive, Inc. (ASST) stake composed?

The reported beneficial ownership includes 563,800 Class A common shares and warrants exercisable for 18,418,519 additional Class A shares. Together these instruments total 18,982,319 securities, forming the filers’ disclosed economic exposure to Strive, Inc.

What voting and dispositive powers are reported over Strive, Inc. (ASST) shares?

The reporting persons disclose 0 shares with sole voting or dispositive power and 18,982,319 shares with shared voting and shared dispositive power. This indicates decisions over these securities are made jointly rather than by either entity alone.

Do the reporting persons seek to influence control of Strive, Inc. (ASST)?

The filers certify the securities were not acquired and are not held to change or influence control of Strive, Inc. They also state the holdings are not part of a transaction intended to affect control, except for activities related to specific nomination rules.

Why does the Strive, Inc. (ASST) Schedule 13G/A mention ownership of 5 percent or less?

The filing notes ownership of 5 percent or less of the class, consistent with the reported 3.1% stake. This indicates the investors remain below key regulatory thresholds that trigger additional disclosure or different reporting obligations for larger shareholders.