Asset Entities' Shareholders Approve Merger with Strive

Company Overview - Asset Entities Inc. is a technology company focused on social media marketing and management across various platforms, including Discord, TikTok, and Instagram [4] - Strive Enterprises, Inc. is a financial services firm co-founded in 2022, aiming to maximize client value through unapologetic capitalism and plans to become the first publicly traded asset management Bitcoin treasury company [5] Merger Details - Asset Entities' stockholders approved the merger with Strive, which was previously approved by Strive's stockholders on September 4, 2025 [1][2] - The combined company will be renamed Strive, Inc. and will trade on Nasdaq under the ticker symbol ASST, led by Matt Cole as CEO and Chairman [2] Financial Position - The merger is expected to be accompanied by a private placement financing (PIPE) that could yield over $750 million in gross proceeds, with an additional $750 million available through warrants, totaling potential gross proceeds of over $1.5 billion [3] Strategic Vision - The merger is seen as a defining moment for the mission to build a world-class Bitcoin Treasury Company, with a focus on disciplined, long-term strategies to outperform Bitcoin itself and create shareholder value [3] - The combined entity aims to leverage a zero debt profile and a robust financial structure to maximize Bitcoin per share for investors [3]