PANews
PANews|Jul 02, 2026 01:45
[Strive CEO: SATA Target Price Remains $100, but No Longer Guarantees Automatic New Share Issuance at $100] Strive CEO Matt Cole posted on the X platform that the target price for SATA preferred shares remains $100, but the company will no longer guarantee automatic new share issuance at $100. Cole stated that the current market conditions are not normal, and maintaining issuance flexibility can prevent exploitation by short sellers. Future issuance decisions will consider data such as short interest ratio and borrowing costs, but specific actions will not be announced in advance.
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