Strive has disclosed that the price for its Perpetual Preferred Stock IPO is set at $80 per share, with the total offering size increased to 2 million shares.
The decision to raise the offering size indicates a strong interest in the stock, suggesting potential investor demand. This move aligns with Strive’s strategy to expand its capital base through this preferred stock offering.
Investors may find the fixed dividend payments associated with preferred stocks attractive, especially in uncertain economic times. By increasing the number of shares available, Strive aims to provide more opportunities for participation in this offering.
Details regarding the terms and conditions of the preferred stock will likely be made available soon, providing potential investors with more information to consider.
