SCHEDULE: Jane Street Group Discloses 9.9% Stake in Strive, Inc.

Jane Street Group, LLC and its affiliates have disclosed a beneficial ownership of 9.9% of Strive, Inc.'s Class A Common Stock, including convertible warrants.

Summary

• Jane Street Group, LLC and its affiliates, including Jane Street Capital, LLC, Jane Street Options, LLC, and Jane Street Global Trading, LLC, beneficially own 37,024,026 shares of Strive, Inc. Class A Common Stock.
• This represents 9.9% of the Class A Common Stock outstanding.
• The reported holding includes 5,785,290 shares held in warrants convertible to Class A Common Stock.
• A blocker prevents conversion of warrants that would cause the holder to exceed 9.99% ownership.
• The calculation of the percentage of class is based on 364,825,582 Class A common shares outstanding as of September 12, 2025, plus the 5,785,290 shares acquirable through warrants, totaling 370,610,872 shares.
• The securities were not acquired for the purpose of changing or influencing control of Strive, Inc.

Sentiment

Score: 7

Explanation: The disclosure of a 9.9% beneficial ownership by Jane Street Group, a major financial institution, in Strive, Inc. suggests a notable institutional interest and potential confidence in the company's value, which is generally a positive signal for the market.

Positives

• A significant institutional investor, Jane Street Group, has taken a substantial stake in Strive, Inc., potentially signaling confidence in the company's prospects.
• The inclusion of warrants suggests a long-term interest and potential for increased ownership, albeit with a conversion blocker.

Negatives

• The filing itself does not present any negative financial or operational information about Strive, Inc.

Risks

• The filing does not explicitly detail risks related to Strive, Inc.'s operations or financial health. It primarily concerns the reporting person's ownership disclosure.

Future Outlook

This filing does not provide forward-looking statements or guidance from the issuer, Strive, Inc.

Management Comments

• The securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11.

Industry Context

The disclosure of a significant stake by a prominent trading firm like Jane Street Group in Strive, Inc. could be interpreted by the market as a vote of confidence, potentially attracting further investor interest. Such institutional investments are common in the public markets and can sometimes precede increased liquidity or strategic developments for the target company.

Stakeholder Impact

• Shareholders: May view the significant institutional investment as a positive signal, potentially leading to increased investor confidence and demand for Strive, Inc. shares.
• Management: Could see this as validation of their strategy and potentially engage with Jane Street Group regarding their investment.

Key Dates

Recommendation

The filing indicates a significant institutional investment by Jane Street Group in Strive, Inc. While this is generally a positive signal of confidence, the filing itself is a passive ownership disclosure (Schedule 13G) and explicitly states the shares were not acquired to influence control. Without additional operational or financial performance data from Strive, Inc., a 'hold' recommendation is appropriate. Investors should monitor Strive, Inc.'s fundamental performance and any further actions by Jane Street Group.

Keywords

Strive Inc, Jane Street Group, SEC filing, Schedule 13G, beneficial ownership, Class A Common Stock, warrants, institutional investment, equity stake