Asset Entities Inc. Files IPO Amendment

TL;DR

Asset Entities Inc. filed an S-1/A for its IPO. Looks like they're going public.

AI Summary

Asset Entities Inc. filed an S-1/A amendment on August 30, 2024, for its initial public offering. The company, incorporated in Nevada with its principal executive offices in Dallas, TX, is registering an unspecified number of shares under the Securities Act of 1933. Matthew Krueger is listed as the Chief Financial Officer.

Why It Matters

This S-1/A filing indicates Asset Entities Inc. is moving forward with its plan to become a publicly traded company, which could impact its future growth and investment opportunities.

Risk Assessment

Risk Level: medium — As an S-1/A filing for an IPO, the company is in its early stages of public trading, which inherently carries higher risks than established public companies.

Key Numbers

• 7372 — SIC Code (Prepackaged Software Services)
• 881293236 — IRS Number (Employer Identification Number)

Key Players & Entities

• Asset Entities Inc. (company) — Registrant
• August 30, 2024 (date) — Filing Date
• Nevada (jurisdiction) — State of Incorporation
• Dallas, TX (location) — Principal Executive Offices
• Matthew Krueger (person) — Chief Financial Officer
• 333-281438 (registration_number) — SEC File Number

FAQ

Key Financial Figures

• $0.0001 — 482,120 shares of Class B Common Stock, $0.0001 par value per share (the “Class B
• $10,000 — d value (“Stated Value”) of $10,000 per share of Series A Preferred Stock,
• $3.75 — ice (“Conversion Price”) of $3.75 per share of Class B Common Stock, and
• $0.4275 — rice (the “Floor Price”) of $0.4275 per share. If the Conversion Price woul
• $115,500 — ing Stockholders . We may receive up to $115,500 in gross proceeds from the cash exercis
• $1.95 — the Class B Common Stock on Nasdaq was $1.95. Unless otherwise noted, the share and
• $3,000,000 — red Stock for maximum gross proceeds of $3,000,000. The shares of the Series A Preferred S
• $1,500,000 — A Preferred Stock for gross proceeds of $1,500,000. The second closing (the “Second

Filing Documents

• ea0212605-s1a1_asset.htm (S-1/A) — 335KB
• ea021260501ex5-1_asset.htm (EX-5.1) — 18KB
• ea021260501ex23-1_asset.htm (EX-23.1) — 3KB
• ea021260501ex-fee_asset.htm (EX-FILING FEES) — 34KB
• image_001.jpg (GRAPHIC) — 3KB
• ex5-1_001.jpg (GRAPHIC) — 2KB
• ex5-1_002.jpg (GRAPHIC) — 1KB
• ex23-1_001.jpg (GRAPHIC) — 25KB
• ex23-1_002.jpg (GRAPHIC) — 33KB
• 0001213900-24-074537.txt ( ) — 480KB

Description of Securities

Description of Securities 7

Risk Factors

Risk Factors 10 Cautionary Note Regarding Forward-Looking Statements 12

Use of Proceeds

Use of Proceeds 13 Selling Stockholders 13 Plan of Distribution 15 Legal Matters 17 Experts 17 Where You Can Find Additional Information 17 Documents Incorporated by Reference 18 You should rely only on the information that we have provided or incorporated by reference in this prospectus, any supplement to this prospectus, and any related free writing prospectus that we may authorize to be provided to you. We have not authorized anyone to provide you with different information. No dealer, salesperson or other person is authorized to give any information or to represent anything not contained in or incorporated by reference in this prospectus, any prospectus supplement, or any related free writing prospectus that we may authorize to be provided to you. You must not rely on any unauthorized information or representation. This prospectus is an offer to sell only the securities offered hereby, but only under circumstances and in jurisdictions where it is lawful to do so. You should assume that the information in this prospectus, prospectus supplement, or any related free writing prospectus is accurate only as of the date on the front of the document and that any information we have incorporated by reference is accurate only as of the date of the document incorporated by reference, regardless of the time of delivery of this prospectus, any supplement to this prospectus, or any related free writing prospectus, or any sale of a security. Trademarks, Trade Names and Service Marks We use various trademarks, trade names and service marks in our business, including “AE 360 DDM”, “Asset Entities Where Assets Are Created”, “SiN”, “Social Influencer Network”, “Ternary D”, “Options Swing”, and associated marks. For convenience, we may not include the , ® or ™ symbols, but such omission is not meant to indicate that we would not protect our intellectual property rights to the

View Full Filing

View this S-1/A filing on SEC EDGAR