Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, July 1
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Investing»Asset Entities Inc. secures funding, maintains Nasdaq listing By Investing.com
    Investing

    Asset Entities Inc. secures funding, maintains Nasdaq listing By Investing.com

    August 15, 20242 Mins Read


    Dallas-based software services company Asset Entities Inc. (NASDAQ:ASST) announced on Wednesday that it has successfully maintained the minimum stockholders’ equity required for continued listing on The Nasdaq Capital Market. This follows a recent funding round in which the company issued new shares.

    According to the company’s latest 8-K filing with the Securities and Exchange Commission, Asset Entities Inc. reported stockholders’ equity of $2,097,090 as of June 30, 2024. The filing, dated August 14, 2024, also referenced a previous announcement on July 30, 2024, detailing a Securities Purchase Agreement with Ionic Ventures, LLC. Under the agreement, the company agreed to sell up to 330 shares of its Series A Convertible Preferred Stock for a total of $3,000,000.

    The second tranche of this funding, amounting to 165 shares of Series A Preferred Stock, was completed on July 29, 2024, bringing in $1,500,000 in gross proceeds. The successful closing of this round of funding has brought the company’s stockholders’ equity above the $2,500,000 threshold required by The Nasdaq Capital Market for continued listing.

    The company’s shares of Series A Preferred Stock are convertible into shares of Class B Common Stock, offering potential future value to investors. Asset Entities Inc. operates in the prepackaged software industry under the SIC code 7372 and is incorporated in Nevada.

    This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleOpinion | A US$1 trillion property bailout is the last thing China’s economy needs
    Next Article Stock market today: Wall Street leaps, and S&P 500 rallies 1.6% as US shoppers drive the economy – Boston News, Weather, Sports

    Related Posts

    Investing

    Historique des données S&P 500 Futures

    July 1, 2025
    Investing

    Analyses et prévisions relatives aux crypto-monnaies

    June 29, 2025
    Investing

    Les États-Unis peuvent-ils mettre fin à leur dépendance vis-à-vis de la Chine pour les terres rares avant qu’il ne soit trop tard ?

    June 9, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Action Ganglong China Property Group Limited | Cours 6968 Bourse Hong Kong S.E.

    July 31, 2007

    les fondamentaux de l’or restent bons

    September 4, 2007

    les fondamentaux de l’or restent bons

    September 4, 2007
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Property

    The southernmost home in the US hits the market for $18.5M

    July 17, 2024
    Stock Market

    Global markets partly recover but analysts fear ‘we’re not out of woods’ | Stock markets

    August 6, 2024
    Utilities

    Broomfield officials consider 50% utility rate increase to maintain aging infrastructure

    July 19, 2024
    What's Hot

    S&P/TSX composite up more than 150 points, U.S. stock markets also higher

    August 29, 2024

    2 cheap passive income stocks with dividend yields around 9%!

    July 14, 2024

    FREE TO READ | The changing landscape of property investment

    April 10, 2025
    Most Popular

    Property claim Crossword Clue

    June 26, 2025

    Bitcoin Primed for ‘Big Blow-Off Top Moves,’ Says Analyst Jason Pizzino – Here’s the Timeline

    July 18, 2024

    Dow, S&P 500, Nasdaq futures jump as Israel-Iran ceasefire lifts Mideast hopes

    June 23, 2025
    Editor's Picks

    Shubman Gill consolidates top spot, Virat Kohli back in top 5 after ton against Pakistan

    February 24, 2025

    Carmignac Commodities : “les fondamentaux de l’or restent bons”

    September 4, 2007

    Credas CEO recommends robust ID verification to fight financial fraud in property market

    April 4, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2025 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.