Strive disclosed that 718 million USD worth of warrants are pending exercise, with an exercise price of 27 USD per share

Strive CEO Matt Cole stated that as of September 11, the company still has approximately $718 million in PIPE warrants that have not been exercised, with an exercise price of $27 per share. Due to the impact of the Columbus Day holiday in the United States, the exercise deadline has been extended from October 12 to 5:00 PM Eastern Time on October 13, with other terms remaining unchanged.

The company's SEC filings show that the related unexercised warrants correspond to approximately 26.596 million shares, and exercising all of them could bring in about $718 million in funding.