Asset Entities Inc. Enters Material Definitive Agreement

TL;DR

Asset Entities Inc. signed a big deal, details TBD.

AI Summary

Asset Entities Inc. announced on August 18, 2025, that it has entered into a material definitive agreement. The company, incorporated in Nevada with its principal executive offices in Dallas, TX, filed this 8-K report on August 20, 2025. The filing does not provide specific details about the agreement or any associated financial figures.

Why It Matters

This filing indicates a significant new development for Asset Entities Inc., potentially impacting its business operations and future financial performance.

Risk Assessment

Risk Level: medium — The lack of specific details regarding the material definitive agreement introduces uncertainty about its nature and potential impact on the company.

Key Players & Entities

• Asset Entities Inc. (company) — Filer
• August 18, 2025 (date) — Date of earliest event reported
• August 20, 2025 (date) — Filing date
• Nevada (jurisdiction) — State of incorporation
• Dallas, TX (location) — Principal executive offices
• 100 Crescent Ct, 7th Floor (address) — Business address
• 214-459-3117 (phone_number) — Company telephone number

FAQ

Key Financial Figures

• $0.0001 — hich registered Class B Common Stock, $0.0001 par value per share ASST The Nasdaq
• $120,000 — kin Park" (the "Work") for a payment of $120,000, plus an additional $40,000 for creatin
• $40,000 — payment of $120,000, plus an additional $40,000 for creating a screenplay, with specifi
• $200,000 — paying the Company an assignment fee of $200,000 pursuant to a separate letter agreement

Filing Documents

• ea0254032-8k_asset.htm (8-K) — 28KB
• ea025403201ex10-1_asset.htm (EX-10.1) — 36KB
• ea025403201ex10-2_asset.htm (EX-10.2) — 11KB
• 0001213900-25-079018.txt ( ) — 250KB
• asst-20250818.xsd (EX-101.SCH) — 3KB
• asst-20250818_lab.xml (EX-101.LAB) — 33KB
• asst-20250818_pre.xml (EX-101.PRE) — 22KB
• ea0254032-8k_asset_htm.xml (XML) — 4KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. As previously disclosed, Asset Entities Inc., a Nevada corporation (the "Company"), entered into a Purchase Agreement, dated as of November 25, 2024 (the "Purchase Agreement"), with Jeff Blue ("Owner"), pursuant to which the Owner granted the Company a 50% ownership interest in the film, TV, streaming, and other media adaptation rights to the literary work entitled "One Step Closer: From Xero to #1: Becoming Linkin Park" (the "Work") for a payment of $120,000, plus an additional $40,000 for creating a screenplay, with specific milestones for payment. A description of the Purchase Agreement was disclosed in the Company's Current Report on Form 8-K, filed with the U.S. Securities and Exchange Commission (the "SEC") on December 2, 2024. On August 18, 2025, the Company entered into an Assignment and Assumption Agreement, dated as of August 18, 2025 (the "Assignment Agreement"), with Hybrid Assets LLC, a Texas limited liability company ("Hybrid"), and Owner, pursuant to which the Company will assign all of its right, title and interest in, to and under the Purchase Agreement to Hybrid in exchange for Hybrid assuming all duties, liabilities, and obligations of the Company under the Purchase Agreement and Owner releasing the Company from any secondary liability under the Purchase Agreement. The Assignment Agreement contains certain representations and warranties customary for an agreement of this type. In connection with the Assignment Agreement and as additional consideration for the Company's willingness to assign its rights under the Purchase Agreement, Hybrid is paying the Company an assignment fee of $200,000 pursuant to a separate letter agreement (the "Letter Agreement") between the Company and Hybrid. Hybrid is managed by Michael Gaubert, the Company's Executive Chairman and director, and Matthew Krueger, the Company's Chief Financial Officer, Treasurer and Secretary. Owner is the Company's Head of Entertain

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Assignment and Assumption Agreement dated August 18, 2025, by and among Asset Entities Inc., Hybrid Assets LLC and Jeff Blue 10.2 Letter Agreement dated August 18, 2025, between Asset Entities Inc. and Hybrid Assets LLC 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 20, 2025 ASSET ENTITIES INC. /s/ Arshia Sarkhani Name: Arshia Sarkhani Title: Chief Executive Officer and President 2

View Full Filing

View this 8-K filing on SEC EDGAR