Strive Asset Management (ASST) Registration Filing summary

Company overview and business model

• Provides social media marketing and content delivery services, focusing on Discord, TikTok, and other platforms.

• Offers Discord investment education and entertainment, social media marketing, and AE.360.DDM server design/management.

• Ternary v2 platform enables subscription management and payment processing for Discord communities.

• Targets Gen Z retail investors, creators, and influencers, with a user base of approximately 212,000 as of August 2024.

• Revenue is driven by the number of paying subscribers to Discord servers.

Financial performance and metrics

• Reported 1,238 paying Discord server subscribers for the three months ended June 30, 2024, up from 348 in the prior year period.

• Completed two private placements in 2024, raising $3 million gross proceeds through Series A Preferred Stock.

Use of proceeds and capital allocation

• Will not receive any proceeds from the resale of Class B Common Stock by the selling stockholder.

• Proceeds from the Series A Preferred Stock private placements were received by the company in May and July 2024.