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Strive shares are trading lower. The company announced that from the period of October 12, 2026 through October 13, 2026, 273,493,909 traditional warrants to purchase 13,674,703 shares of Class A common stock were exercised for expected gross proceeds of $369.2 million.
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Reported Earlier, Strive Prices Upsized Initial Public Offering Of 7M Shares Of 15.00% Series A Perpetual SATS Preferred At $90 Per Share, About $630M Gross Proceeds
Strive Exercises $369.2M Warrants From Oct. 12 Through Oct. 13
https://www.sec.gov/ix?doc=/Archives/edgar/data/1920406/000162828026065816/asst-20261014.htm