assetentities(ASST)

Search documents
Asset Entities Inc. Regains Compliance with Nasdaq Listing Rule 5550(b)(1)
Globenewswire· 2025-02-19 13:00
Core Points - Asset Entities Inc. has regained compliance with Nasdaq Listing Rule 5550(b)(1), which requires a minimum stockholders' equity of $2.5 million [1][2] - The company was previously notified on August 21, 2024, that it did not meet the minimum stockholders' equity requirement, prompting immediate actions to improve financial strength [3] - CEO Arshia Sarkhani expressed satisfaction with the company's compliance efforts and ongoing plans for expansion in social media services, particularly on Discord and TikTok [4] Financial Compliance - Nasdaq's Listing Qualifications department confirmed compliance based on the company's Current Report filed on February 14, 2025 [2] - The company expects to maintain stockholders' equity of at least $2.5 million as of March 31, 2025, to avoid potential delisting [2] Company Overview - Asset Entities Inc. specializes in digital marketing and content delivery across various social media platforms, including Discord and TikTok [5] - The company is recognized as the first publicly traded entity based on the Discord platform, hosting significant community-based servers [5] - The AE.360.DDM suite of services is designed for the design, development, and management of Discord community servers, catering to businesses and celebrities [5]
Asset Entities Passes Milestone of 9,000 Members on its TikTok Shop Creator Discord Community
Newsfilter· 2025-01-29 13:00
Core Insights - Asset Entities Inc. has surpassed 9,000 members in its TikTok Shop Creator Discord community, enhancing its position in digital marketing and content delivery services [1][2][3] Group 1: Company Achievements - The company became an official TikTok Shop partner on December 11, 2024, which has significantly boosted its creator sign-ups and brand collaborations [2] - The growth of the TikTok Shop creator community is directly linked to increased Gross Merchandise Value (GMV) for brands, leading to higher potential revenue for Asset Entities [2][4] - A notable member, Kimberly, generated over $195,000 in GMV for brands, earning a commission of over $35,000, showcasing the success of the creator community [3] Group 2: Business Model and Strategy - As a TikTok Affiliate Partner (TAP), Asset Entities earns a fixed commission on sales made by creators, which aligns the company's interests with those of the brands [2] - The company is focused on expanding its marketing efforts to attract more brands, leveraging the growing importance of User-Generated Content (UGC) [4] - Asset Entities offers a suite of services for social media marketing, including the AE.360.DDM platform, which is designed for managing Discord community servers [7]
TikTok Approves Asset Entities as an Official TikTok Shop Partner
GlobeNewswire News Room· 2024-12-11 13:15
Core Insights - Asset Entities Inc. has been approved as an official TikTok Shop Partner, enhancing its position in the digital marketing and content delivery sector [1][2][4] - TikTok has approximately 1.2 billion users, with around 38% having made purchases directly through its shop feature, indicating a significant market opportunity for Asset Entities [3] Company Overview - Asset Entities Inc. specializes in digital marketing and content delivery services across various social media platforms, including Discord, TikTok, Instagram, and YouTube [6] - The company is recognized as the first publicly traded entity based on the Discord platform, hosting large community-based education and entertainment servers [6] - Asset Entities offers a suite of services known as AE.360.DDM, which focuses on the design, development, and management of Discord community servers [6] Market Context - TikTok's shop features have generated over $20 billion in revenue as of 2024, showcasing the platform's potential for affiliate marketing and brand collaborations [3] - The partnership with TikTok allows Asset Entities to connect brands with creators, facilitating collaborations in the affiliate marketing space [2][4]
Asset Entities Acquires TikTok Money Machine Community Entering the New Multi-Billion TikTok Creator and Seller Market
GlobeNewswire News Room· 2024-11-25 13:00
Core Insights - Asset Entities Inc. has acquired the TikTok Money Machine assets, which includes a Discord community focused on teaching content creators how to sell products on TikTok Shop [1][2] - The acquisition is expected to generate an additional $300,000 in annual revenue and expand the company's presence in the rapidly growing TikTok Shop market [3] - TikTok Shop has generated over $4.6 billion in domestic revenue since its U.S. launch in September 2023, with more than half of U.S.-based marketers utilizing the platform [4] Company Developments - The Discord community associated with the acquisition connects content creators with major consumer product brands, allowing creators to earn commissions on sales made through their TikTok accounts [2] - Asset Entities has secured consulting agreements with TikTok influencers who collectively have 4.7 million followers on TikTok and 280,000 on Instagram [2] - CEO Arshia Sarkhani emphasized that this acquisition aligns with the company's strategic plan to increase gross revenues, following previous acquisitions in the Discord community and payment processing sectors [6] Industry Context - TikTok Shop enables merchants to sell directly to users through various in-app shopping features, including shoppable videos and live shopping experiences [4] - Recent partnerships, such as with Amazon and Walmart Connect, enhance TikTok's capabilities for product promotion and sales [5] - The growth of TikTok Shop reflects a significant trend in social commerce, with a notable increase in marketers leveraging the platform for direct sales [4]
assetentities(ASST) - 2024 Q3 - Quarterly Results
2024-11-15 14:15
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): November 15, 2024 | --- | --- | --- | |-------------------------------------------------------------------------------------------------------|-------|-----------------------| | ASSET ENTITIES INC. (Exact name of Company as specified in its \nNevada 001-41612 | | charter) \n88-1293236 | | (Stat ...
Asset Entities Gross Revenues Increase 237% for the period ending September 30, 2024
GlobeNewswire News Room· 2024-11-15 13:00
DALLAS, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or “the Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, is pleased to announce that its revenues for the quarter ended September 30, 2024 were $202,921 compared to revenues of $60,135 for the quarter ended September 30, 2023, representing a 237% year over year increase. “We are thrilled to see the st ...
assetentities(ASST) - 2024 Q3 - Quarterly Report
2024-11-14 21:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _____________ Commission File Number: 001-41612 ASSET ENTITIES INC. | --- | --- | |------------------------------------------------------ ...
Asset Entities Signs Macy Gray, Multi-Platinum, Grammy Award Winning Artist, to Design, Develop, and Manage Her Music and Entertainment Discord Community
GlobeNewswire News Room· 2024-10-14 12:00
DALLAS, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or “the Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, today announced that renowned Grammy Award-winning R&B and soul singer, songwriter, producer and actress Macy Gray has chosen Asset Entities to Design, Develop, and Manage her server on the Discord social community platform. Macy Gray is a worldwi ...
Asset Entities Signs Pivotal Agreement to Build What Could Become The World's Largest Digital Fitness Community
GlobeNewswire News Room· 2024-10-09 12:00
DALLAS, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or “the Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, announced today that well-known social media influencer, American fitness model, training specialist, actor, and entrepreneur, Scott Mathison, has selected Asset Entities to Design, Develop, and Manage his digital fitness community server on the D ...
assetentities(ASST) - 2024 Q2 - Quarterly Report
2024-08-14 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10−Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _____________ Commission File Number: 001-41612 ASSET ENTITIES INC. (Exact name of registrant as specified in its charter) | --- | --- | |---- ...