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Strive: Investors should not assume that new SATA shares will be automatically issued at $100.

MeNews
ME News reports that on July 1 (UTC+8), Strive CEO Matt Cole stated in a post that maintaining the SATA target at $100 and reducing long-term volatility remain core goals, but unless otherwise communicated, investors should not assume that Strive will automatically issue new SATA shares at $100. Strive believes that retaining issuance flexibility around $100 is the best choice for the long-term interests of shareholders and the stability of SATA. Current market conditions are not normal. Strive management will evaluate issuance suspensions or other actions based on what is in the best interest of shareholders and the long-term stability of the security, and specific actions will not be announced in advance. It is expected to consider market data such as short interest and borrowing costs, but the analysis is not limited to a single indicator. The goal is to make the structure more robust, not to create unpredictability for its own sake. (Source: Foresight News)
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