{"filing":{"accession_number":"0000950103-26-015849","cik":"0001920406","ticker":"SATA","company_name":"Strive, Inc.","form":"8-K","filing_date":"2026-10-20","report_date":"2026-10-19","primary_document":"dp255260_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1920406/000095010326015849/dp255260_8k.htm"},"events":[{"id":36322,"run_id":33485,"accession_number":"0000950103-26-015849","anchor_item_number":"8.01","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.8,"summary":"Strive closed an underwritten public offering of 7,000,000 shares of 15.00% Series A Perpetual SATS Preferred Stock at $90 per share, raising approximately $630 million in gross proceeds. The new preferred shares have senior liquidation preference and voting rights, materially diluting common equity holders and affecting the company's capital structure.","company_name":"Strive, Inc.","ticker":"SATA","filing_date":"2026-10-20","form":"8-K","submitted_at":null,"items":[{"id":40704,"accession_number":"0000950103-26-015849","item_number":"3.03","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Strive closed an underwritten public offering of 7,000,000 shares of 15.00% Series A Perpetual SATS Preferred Stock at $90 per share, with the stock beginning trading on Nasdaq under ticker \"SATS.\" While Item 3.03 addresses modifications to security holder rights (the Certificate of Designation establishing terms and preferences), the core material event disclosed is the issuance of a new class of equity securities with senior liquidation preference and voting rights, which dilutes common equity holders and materially affects the capital structure. The press release confirms this is an \"upsized initial public offering\" raising approximately $630 million in gross proceeds.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-20T13:09:43.668891+00:00","company_name":"","ticker":null,"filing_date":""},{"id":40705,"accession_number":"0000950103-26-015849","item_number":"5.03","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Item 5.03 references Item 3.03 (Incorporation/Bylaws), but the substantive disclosure in EX-99.1 announces the closing of an upsized IPO of 7,000,000 shares of Series A Perpetual SATS Preferred Stock at $90 per share (approximately $630 million in gross proceeds). This is a material issuance of equity securities creating dilution to existing common equity holders. While the Item 5.03 caption suggests a bylaw amendment, the actual material event disclosed is the equity issuance itself, which is typically classified as dilutive_issuance under Item 3.02 taxonomy, though here it appears cross-referenced under Item 5.03.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-20T13:09:43.668891+00:00","company_name":"","ticker":null,"filing_date":""},{"id":40706,"accession_number":"0000950103-26-015849","item_number":"8.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Strive announced the closing of an upsized initial public offering of 7,000,000 shares of SATS Preferred Stock at $90 per share, raising approximately $630 million in new capital. The press release explicitly references \"dilution caused by Strive's issuance of additional shares of its SATS Stock\" as a risk factor. This is a material capital-raising event involving the issuance of new equity securities that would affect investor assessment of ownership dilution and the company's capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-20T13:09:43.668891+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":40704,"accession_number":"0000950103-26-015849","item_number":"3.03","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Strive closed an underwritten public offering of 7,000,000 shares of 15.00% Series A Perpetual SATS Preferred Stock at $90 per share, with the stock beginning trading on Nasdaq under ticker \"SATS.\" While Item 3.03 addresses modifications to security holder rights (the Certificate of Designation establishing terms and preferences), the core material event disclosed is the issuance of a new class of equity securities with senior liquidation preference and voting rights, which dilutes common equity holders and materially affects the capital structure. The press release confirms this is an \"upsized initial public offering\" raising approximately $630 million in gross proceeds.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-20T13:09:43.668891+00:00","company_name":"Strive, Inc.","ticker":"SATA","filing_date":"2026-10-20"},{"id":40705,"accession_number":"0000950103-26-015849","item_number":"5.03","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Item 5.03 references Item 3.03 (Incorporation/Bylaws), but the substantive disclosure in EX-99.1 announces the closing of an upsized IPO of 7,000,000 shares of Series A Perpetual SATS Preferred Stock at $90 per share (approximately $630 million in gross proceeds). This is a material issuance of equity securities creating dilution to existing common equity holders. While the Item 5.03 caption suggests a bylaw amendment, the actual material event disclosed is the equity issuance itself, which is typically classified as dilutive_issuance under Item 3.02 taxonomy, though here it appears cross-referenced under Item 5.03.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-20T13:09:43.668891+00:00","company_name":"Strive, Inc.","ticker":"SATA","filing_date":"2026-10-20"},{"id":40706,"accession_number":"0000950103-26-015849","item_number":"8.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Strive announced the closing of an upsized initial public offering of 7,000,000 shares of SATS Preferred Stock at $90 per share, raising approximately $630 million in new capital. The press release explicitly references \"dilution caused by Strive's issuance of additional shares of its SATS Stock\" as a risk factor. This is a material capital-raising event involving the issuance of new equity securities that would affect investor assessment of ownership dilution and the company's capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-20T13:09:43.668891+00:00","company_name":"Strive, Inc.","ticker":"SATA","filing_date":"2026-10-20"}]}