SCHEDULE 13G/A: Asset Entities Inc. Reports Significant Beneficial Ownership by Key Individuals and Holdings Entity

Sentiment:

Beneficial Ownership Update


A recent Schedule 13G filing reveals that Asset Entities Holdings, LLC and several individuals collectively hold a substantial beneficial ownership stake, ranging from 12.4% to 12.9%, in Asset Entities Inc.'s Class B Common Stock as of December 31, 2024.

Summary

  • Asset Entities Holdings, LLC, a Texas limited liability company, beneficially owns an aggregate of 1,250,000 shares of Asset Entities Inc.'s Class B Common Stock, representing 12.4% of the class.
  • This ownership by Asset Entities Holdings, LLC includes 1,000,000 shares of Class B Common Stock issuable upon conversion of Class A Common Stock and 250,000 shares of Class B Common Stock held directly.
  • Arman Sarkhani, Arshia Sarkhani, Jackson Fairbanks, Kyle Fairbanks, Matthew Krueger, and Michael Gaubert are also listed as reporting persons, each beneficially owning a significant percentage of Class B Common Stock.
  • Michael Gaubert holds the largest individual beneficial ownership among the listed individuals, with 1,300,567 shares, representing 12.9% of the Class B Common Stock.
  • Arshia Sarkhani beneficially owns 1,289,921 shares (12.8%), Kyle Fairbanks beneficially owns 1,286,667 shares (12.8%), while Arman Sarkhani, Jackson Fairbanks, and Matthew Krueger each beneficially own approximately 1,281,000 shares (12.7%).
  • The beneficial ownership percentages are calculated based on a denominator of 10,060,965 shares of Class B Common Stock, which includes 9,060,965 shares outstanding as of December 31, 2024, plus the 1,000,000 shares issuable upon conversion of Class A Common Stock held by the reporting persons.
  • Class A Common Stock is convertible into Class B Common Stock on a one-to-one basis at the holder's option or automatically upon transfer, except to another Class A holder.
  • Holders of Class A Common Stock are entitled to ten votes per share, while Class B Common Stock holders receive one vote per share; the reported voting power reflects the assumed conversion of Class A to Class B shares.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the company's performance or prospects. It is a neutral regulatory filing.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of beneficial ownership, indicating significant stakes held by an entity and several individuals in Asset Entities Inc. It does not provide broader industry trends or competitive analysis, but such substantial ownership can signal confidence or strategic interest in the company within its sector.

Stakeholder Impact

  • Shareholders: The filing indicates a significant concentration of ownership and voting power by Asset Entities Holdings, LLC and associated individuals, which could influence corporate decisions and governance. The dual-class share structure (Class A with 10 votes, Class B with 1 vote) further concentrates control.

Key Dates

DateDescription
12/31/2024Date of event which requires the filing of this statement (beneficial ownership determination date).
02/04/2025Date the Schedule 13G Amendment No. 3 was signed and filed.

Keywords

Beneficial Ownership, SEC Filing, Schedule 13G, Class B Common Stock, Asset Entities Inc., Shareholder, Voting Power, Dispositive Power, Equity Stake

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