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Security Details
- Coupon Rate
- 15.00%
- Liquidation Preference
- $100.00
- Call Price
- —
- Call / Redemption Date
- —
- Maturity Date
- None
- Distribution Period
- —
- Rate Type
- Fixed
- Annual Distribution
- 15
- Distribution Dates
- Each business day
- Credit Ratings
- Moody's NR · S&P NR (10/16/2026)
- Tax-Advantaged Dividends
- Yes
Security Profile
- CUSIP
- 278768106
- IPO
- 10/16/2026 · $100/share
- Previous Symbol
- STVEP (changed 10/20/2026)
- Parent Company
- Strive, Inc (ASST)
Business: Strive, Inc 15.00% Series A Perpetual SATS Preferred Stock liquidation preference $100 per share, Not redeemable at the issuer's option and with no stated maturity. <p> Cumulative distributions of 15.00% per annum ($15 per annum) will be paid Each Business Day calculated for each calendar month and subdivided and paid on each regular dividend payment date in equally divided installments based on the number of regular dividend payment dates in each such calendar month to holders of record (NOTE: the ex-dividend date is the record date). <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-32 of the prospectus for further information). <p> This security is possibly subject to an early call as a result of the occurrence of a tax event or in the event of a Fundamental change of control. <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.
Company Contact
- CEO
- Matt Cole
- CFO
- Ben Pham
- Headquarters
- 100 Crescent Ct, 7th Floor, Dallas, TX 75201
- Phone
- 214-459-3117
- Investor Relations
- Arshia Sarkhani · 214-459-3117