SEC Comment Letter 0000000000-22-012945 to Strive, Inc. (ASST)
Strive, Inc.
Date: Nov. 30, 2022 · CIK: 0001920406 · Accession: 0000000000-22-012945
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 333-267258
Letter
United States securities and exchange commission logo November 30, 2022 Arshia Sarkhani Chief Executive Officer Asset Entities Inc. 100 Crescent Ct, 7th Floor Dallas, TX 75201 Re:Asset Entities Inc. Amendment No. 2 to Registration Statement on Form S-1 Filed November 15, 2022 File No. 333-267258 Dear Arshia Sarkhani: We have reviewed your amended registration statement and have the following comment. In our comment, we ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to this comment, we may have additional comments. Amendment No. 2 to Form S-1 filed November 15, 2022 Dilution, page 29 1.Please provide your calculation of pro forma as-adjusted net tangible book value per share of common stock after this offering and historical net tangible book value per share of common stock as of September 30, 2022. Tell us why you have not included Class A shares of common stock in your dilution calculations.
FirstName LastNameArshia Sarkhani Comapany NameAsset Entities Inc. November 30, 2022 Page 2 FirstName LastName Arshia Sarkhani Asset Entities Inc. November 30, 2022 Page 2 You may contact Morgan Youngwood, Senior Staff Accountant, at (202) 551-3479 or Stephen Krikorian, Accounting Branch Chief, at (202) 551-3488 if you have questions regarding comments on the financial statements and related matters. Please contact Mitchell Austin, Staff Attorney, at (202) 551-3574 or Jan Woo, Legal Branch Chief, at (202) 551-3453 with any other questions. Sincerely, Division of Corporation Finance Office of Technology cc: Louis Bevilacqua
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United States securities and exchange commission logo
November 30, 2022
Arshia Sarkhani
Chief Executive Officer
Asset Entities Inc.
100 Crescent Ct, 7th Floor
Dallas, TX 75201
Re:Asset Entities Inc.
Amendment No. 2 to Registration Statement on Form S-1
Filed November 15, 2022
File No. 333-267258
Dear Arshia Sarkhani:
We have reviewed your amended registration statement and have the following
comment. In our comment, we ask you to provide us with information so we may better
understand your disclosure.
Please respond to this letter by amending your registration statement and providing the
requested information. If you do not believe our comment applies to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response.
After reviewing any amendment to your registration statement and the information you
provide in response to this comment, we may have additional comments.
Amendment No. 2 to Form S-1 filed November 15, 2022
Dilution, page 29
1.Please provide your calculation of pro forma as-adjusted net tangible book value per share
of common stock after this offering and historical net tangible book value per share of
common stock as of September 30, 2022. Tell us why you have not included Class A
shares of common stock in your dilution calculations.
FirstName LastNameArshia Sarkhani
Comapany NameAsset Entities Inc.
November 30, 2022 Page 2
FirstName LastName
Arshia Sarkhani
Asset Entities Inc.
November 30, 2022
Page 2
You may contact Morgan Youngwood, Senior Staff Accountant, at (202) 551-3479 or
Stephen Krikorian, Accounting Branch Chief, at (202) 551-3488 if you have questions regarding
comments on the financial statements and related matters. Please contact Mitchell Austin, Staff
Attorney, at (202) 551-3574 or Jan Woo, Legal Branch Chief, at (202) 551-3453 with any other
questions.
Sincerely,
Division of Corporation Finance
Office of Technology
cc: Louis Bevilacqua