Strive CEO Maintains SATA Target at $100 but Removes Auto-Issuance Guarantee on July 2

According to Strive CEO Matt Cole on July 2, the target price for SATA preferred shares remains $100, but the company will no longer guarantee automatic issuance at that price. Cole stated that current market conditions are abnormal, and maintaining issuance flexibility prevents the company from being exploited by short sellers. Future issuance decisions will consider factors such as short ratios and borrowing costs, without advance notice of specific actions.
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