Asset Entities Inc. Files S-1 for Public Offering
Ticker: SATA · Form: S-1 · Filed: Dec 16, 2024 · CIK: 1920406
| Field | Detail |
|---|---|
| Company | Asset Entities Inc. (SATA) |
| Form Type | S-1 |
| Filed Date | Dec 16, 2024 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.0001, $10,000, $3.75, $0.4275, $3,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ipo, registration-statement, sec-filing
TL;DR
Asset Entities Inc. just filed an S-1, looks like they're going public soon.
AI Summary
Asset Entities Inc. filed an S-1 registration statement with the SEC on December 16, 2024. The company, incorporated in Nevada with its principal executive offices in Dallas, Texas, is in the pre-packaged software services industry. The filing indicates a proposed sale of securities to the public, with Matthew Krueger serving as Chief Financial Officer.
Why It Matters
This S-1 filing signals Asset Entities Inc.'s intention to offer its securities to the public, which could lead to increased liquidity and investment opportunities for the company.
Risk Assessment
Risk Level: medium — As an S-1 filing, it represents a company seeking to go public, which inherently carries risks associated with market volatility and business execution.
Key Numbers
- 333-283850 — SEC File Number (Identifies the specific SEC registration)
- 0001920406 — Central Index Key (Unique identifier for the filer)
Key Players & Entities
- Asset Entities Inc. (company) — Registrant
- December 16, 2024 (date) — Filing Date
- Nevada (jurisdiction) — State of Incorporation
- Dallas, TX (location) — Principal Executive Offices
- Matthew Krueger (person) — Chief Financial Officer
- Louis A. Bevilacqua, Esq. (person) — Agent for Service Counsel
- Bevilacqua PLLC (company) — Legal Counsel
FAQ
What is the primary business of Asset Entities Inc.?
Asset Entities Inc. is in the Services-Prepackaged Software industry, with SIC code 7372.
When was this S-1 registration statement filed?
The S-1 registration statement was filed on December 16, 2024.
Where are Asset Entities Inc.'s principal executive offices located?
The principal executive offices are located at 100 Crescent Ct, 7th Floor, Dallas, TX 75201.
Who is the Chief Financial Officer of Asset Entities Inc.?
Matthew Krueger is the Chief Financial Officer.
What is the state of incorporation for Asset Entities Inc.?
Asset Entities Inc. is incorporated in Nevada.
Filing Stats: 4,529 words · 18 min read · ~15 pages · Grade level 16.5 · Accepted 2024-12-16 17:20:02
Key Financial Figures
- $0.0001 — 412,976 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, subj
- $0.4275 — rice (the “Floor Price”) of $0.4275 per share, subject to adjustment for st
- $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
- ea0224811-s1_asset.htm (S-1) — 337KB
- ea022481101ex5-1_asset.htm (EX-5.1) — 16KB
- ea022481101ex23-1_asset.htm (EX-23.1) — 3KB
- ea022481101ex-fee_asset.htm (EX-FILING FEES) — 24KB
- image_001.jpg (GRAPHIC) — 3KB
- ex5-1_001.jpg (GRAPHIC) — 5KB
- ex5-1_002.jpg (GRAPHIC) — 2KB
- ex23-1_001.jpg (GRAPHIC) — 8KB
- ex23-1_002.jpg (GRAPHIC) — 33KB
- 0001213900-24-109397.txt ( ) — 454KB
Description of Securities
Description of Securities 8
Risk Factors
Risk Factors 11 Cautionary Note Regarding Forward-Looking Statements 13
Use of Proceeds
Use of Proceeds 14 Selling Stockholder 14 Plan of Distribution 16 Legal Matters 18 Experts 18 Where You Can Find Additional Information 18 Documents Incorporated by Reference 19 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 f