8-K: Strive, Inc. Announces 1-for-20 Reverse Stock Split

Strive, Inc. will implement a 1-for-20 reverse stock split for its Class A and Class B common stock, effective February 6, 2026, to adjust share structure.

Summary

• The Board of Directors of Strive, Inc. approved a 1-for-20 reverse stock split for its Class A and Class B common stock on January 12, 2026.
• No stockholder approval was required for the reverse stock split under Nevada Revised Statutes (NRS) 78.207.
• A Certificate of Change was filed with the Nevada Secretary of State on February 3, 2025, to effect the reverse stock split.
• The reverse stock split will be effective at 12:01 a.m. Pacific Time on February 6, 2026.
• The Class A Common Stock is expected to begin trading on The Nasdaq Stock Market LLC (Nasdaq) under its existing symbol ASST on a reverse split-adjusted basis when the market opens on February 6, 2026.
• Every 20 shares of Class A Common Stock and Class B Common Stock issued and outstanding will be automatically converted into one share of the respective class.
• The total number of authorized Class A Common Stock shares will be reduced from 444,000,000,000 to 22,200,000,000 shares.
• The total number of authorized Class B Common Stock shares will be reduced from 21,000,000,000 to 1,050,000,000 shares.
• The new CUSIP number for the Class A Common Stock following the reverse stock split will be 862945 300.
• The par value per share of Class A Common Stock will remain unchanged at $0.001.
• Proportionate adjustments will be made to the number of shares underlying outstanding equity awards, warrants, and convertible notes, as well as their exercise, grant, and acquisition prices.
• The total number of authorized preferred stock shares will remain at 21,000,000,000, and there will be no change to the issued and outstanding Variable Rate Series A Perpetual Preferred Stock.
• No fractional shares will be issued; stockholders entitled to fractional shares will have them rounded up to the nearest whole share.
• VStock Transfer, LLC is acting as the exchange agent for the reverse stock split.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a neutral to slightly negative event; while it addresses a technical requirement (likely Nasdaq listing), it often signals underlying challenges with the company's valuation or performance.

Positives

• Proportionate adjustments to outstanding equity awards, warrants, and convertible notes ensure that the economic interests of holders are maintained post-split.
• Stockholders who would otherwise receive fractional shares will have them rounded up to the nearest whole share, avoiding cash-out and potentially increasing their share count slightly.

Negatives

• A reverse stock split is often undertaken to increase share price to meet exchange listing requirements, which can signal underlying issues with the company's valuation or performance.
• The action itself does not fundamentally alter the company's operational performance or financial health.

Future Outlook

The Class A Common Stock is expected to begin trading under the existing trading symbol ASST on The Nasdaq Stock Market LLC on a reverse split-adjusted basis when the market opens on February 6, 2026.

Management Comments

• "Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: February 3, 2026 STRIVE, INC. By: /s/ Matthew Cole Name: Matthew Cole Title: Chief Executive Officer"

Industry Context

StockSavvy.ai notes that reverse stock splits are often implemented by companies seeking to increase their share price to meet minimum bid price requirements for continued listing on major exchanges like Nasdaq. This action is a common strategy to avoid delisting, particularly for companies whose stock has experienced significant declines.

Comparison to Industry Standards

• Reverse stock splits are a common mechanism across various industries for companies facing low share prices. For example, General Electric (GE) executed a 1-for-8 split in 2021 to simplify its capital structure and boost stock price.
• Citigroup (C) implemented a 1-for-10 split in 2011 to increase its stock price after a significant decline post-financial crisis.
• American International Group (AIG) undertook a 1-for-20 split in 2009 to boost its stock price after a government bailout.
• Strive's 1-for-20 split is on the higher end of typical ratios seen in the market, indicating a more significant need to increase per-share value compared to some industry peers.

Corporate Governance

Stakeholder Impact

• Shareholders: Will hold fewer shares, but each share will represent a proportionally larger ownership interest and higher per-share value. Fractional shares will be rounded up, benefiting those who would otherwise receive less than a whole share.
• Equity Award Holders/Warrant Holders/Convertible Note Holders: Their holdings will be proportionately adjusted to reflect the new share structure, maintaining their economic interest.

Next Steps

• Class A Common Stock is expected to begin trading on Nasdaq on a reverse split-adjusted basis on February 6, 2026.
• VStock Transfer, LLC will provide instructions to stockholders of record regarding the process for exchanging shares.

Key Dates

Recommendation

While a reverse stock split is often a sign of underlying issues, this action is a necessary step to maintain exchange listing compliance, which is generally positive for investor confidence and liquidity. However, it does not fundamentally change the company's business operations or financial health, warranting a 'hold' rather than a 'buy' or 'sell' until further operational improvements or declines are evident.

Keywords

Reverse Stock Split, Class A Common Stock, Class B Common Stock, Nasdaq, ASST, Corporate Governance, Share Structure, Equity Awards, Warrants, Convertible Notes, Strive Inc.