Strive Inc. Boosts Cash Reserves and Plans Perpetual Preferred Equity Issuance
Reuters
Nov 06
Strive Inc. Boosts Cash Reserves and Plans Perpetual Preferred Equity Issuance
Semler Scientific Inc. provided supplemental business disclosures regarding Strive, Inc. Strive, as of September 30, 2025, held $108.6 million in cash and cash equivalents and has sold over 10.9 million shares of its Class A common stock through its at-the-market offering program. Strive plans to issue a perpetual preferred equity security and will establish a dividend reserve for the first 12 months of dividend payments. The liquidation preference of the new SATA Stock will initially be set at $100 per share and will be adjusted daily based on specific criteria.
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