Business: Strive, Inc. Variable Rate Series A Perpetual Preferred Stock liquidation preference $100 per share, redeemable at the issuer's option on or after a listing on a major U.S. stock exchange at $100 per share plus accrued and unpaid dividends, and with no stated maturity. <p> Cumulative distributions of 12.00% per annum ($12 per annum or $1.00 per month) will be paid monthly on the 15th Calender day of the month to holders of record on 1st calendar day of the month prior to the payment date (NOTE: the ex-dividend date is the record date). The Company has the right to adjust the monthly regular dividend rate per annum applicable to subsequent regular dividend periods. The Company can not reduce the distribution rate by more than the sum of (1) 25 basis points; and (2) the excess, if any, of the one-month term SOFR rate on the first business day of such prior regular dividend period, over the minimum of the one-month term SOFR rates that occur on the business days during the period from, and including, the first business day of such prior regular dividend period from the previous distribution period. The Company is not entitled to elect to reduce the monthly regular dividend rate per annum unless and until three months following the initial issue date, or such earlier time as the arithmetic average of the last reported sale prices per share of the Company's Common Stock for each trading day of 20 consecutive trading days at any time during the three months following the initial issuance date exceeds $100, all accumulated regular dividends, if any, on the Company's Common Stock then outstanding for all prior completed regular dividend periods, if any, have been paid in full and the arithmetic average of the last reported sale prices per share of Company's Company Stock for each trading day during the immediately preceding regular dividend period is not less than $99 per share. (see prospectus for more details on the variable rate). <p> Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders (see page S-56 of the prospectus for further information). <p> This security was not rated by Moody’s or S&P at the time of its IPO. In regard to the payment of distributions and upon liquidation, the preferred shares rank junior to the company's senior debt, equally with other preferreds of the company, and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.