STOCK TITAN

Asset Entities Inc. Class B - ASST STOCK NEWS

Welcome to our dedicated page for Asset Entities Class B news (Ticker: ASST), a resource for investors and traders seeking the latest updates and insights on Asset Entities Class B stock.

Asset Entities Inc. (NASDAQ: ASST) is at the forefront of the digital marketing revolution, offering a comprehensive range of services designed to enhance social media presence and content delivery across popular platforms such as Discord, TikTok, Instagram, Twitter, and YouTube. The company is uniquely positioned as one of the first publicly traded entities rooted in the Discord platform, where it manages some of the largest education and entertainment servers on Discord.

The company's service offerings are categorized into three primary areas:

  • Subscription Upgrades: Asset Entities provides subscription-based premium content focused on investment education and entertainment within Discord servers, empowering users with enriched learning experiences.
  • Social Media and Marketing Campaigns: The company co-develops and executes influencer-driven social media and marketing campaigns, leveraging its extensive network of influencers under its Social Influencer Network (SiN) service. This service offers white-label marketing, content creation, content management, and TikTok consulting to clients across various industries.
  • Discord Server Management: Through its AE.360.DDM suite, Asset Entities offers design, development, and management services for Discord servers, catering to both businesses and celebrity clients.

Asset Entities has recently made headlines with the launch of its official YouTube channel, “The Lounge.” Hosted by well-known TikToker Kyle Fairbanks, who also serves as the Executive Vice Chairman and Chief Marketing Officer, the channel features podcast interviews with notable personalities, including the inaugural episode with NFL Hall of Famer Michael Irvin.

The company continues to expand its reach through strategic partnerships, such as its recent collaboration with Zendrop, a leader in the dropshipping and e-commerce sector. This partnership will see Asset Entities providing CRM solutions, Discord customer analytics, and payment processing services through its SaaS platform, Ternary.

With a focus on innovation and client success, Asset Entities is committed to driving growth and enhancing social media engagement. For more information, visit www.assetentities.com and follow the company on Twitter at @assetentities.

Rhea-AI Summary

Asset Entities (NASDAQ: ASST) has been approved as an official TikTok Shop Partner following its acquisition of TikTok Shop community, TikTok Money Machine, in November 2024. The company will collaborate with TikTok to connect brands with creators in the affiliate marketing space. TikTok's platform, with approximately 1.2 Billion users, has seen around 38% of users making direct purchases through its shop feature. The platform has generated estimated revenue exceeding $20 Billion from Shop features as of 2024, with content creators earning commissions from product sales through their videos.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22.34%
Tags
none
-
Rhea-AI Summary

Asset Entities (NASDAQ: ASST) has acquired a 50% ownership of film, TV, streaming, and media rights to Jeff Blue's story 'One Step Closer: From Xero to #1: Becoming Linkin Park'. The agreement includes Blue writing the screenplay, expected to be completed by February 2025. The story chronicles Blue's journey in discovering and developing Linkin Park, leading to their debut album Hybrid Theory becoming the best-selling debut rock album of the 21st Century. The band has sold over 100 million albums and 30 million singles worldwide. Asset Entities views this acquisition as a potential significant revenue generator, given Linkin Park's massive global fanbase.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.66%
Tags
-
Rhea-AI Summary

Asset Entities (NASDAQ: ASST) has acquired TikTok Money Machine's assets and Discord community, which teaches content creators how to sell products on TikTok Shop through product content videos. The acquisition includes consulting agreements with TikTokers having 4.7 million TikTok followers and 280,000 Instagram followers. The Company expects this acquisition to generate approximately $300,000 in annual revenue. This follows Asset Entities' recent report of a 237% increase in gross revenues for the period ending September 30, 2024. TikTok Shop has generated over $4.6 billion in domestic revenue since its U.S. launch in September 2023.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.93%
Tags
Rhea-AI Summary

Asset Entities (NASDAQ: ASST) has signed an agreement with Netflix star Jas Leverette to develop and manage a subscription-based digital dog training community on Discord. Leverette, star of 'Canine Intervention' and renowned dog behavioralist with over 460,000 Instagram followers, will provide personal instruction through his facility Cali K9 on obedience, socialization, behavior modification, and puppy training. The platform will feature problem-solving strategies for dog owners. Leverette's client list includes notable athletes like Stephen Curry and celebrities such as Michael B. Jordan and Kevin Hart.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.92%
Tags
none
-
Rhea-AI Summary

Asset Entities reported significant revenue growth for Q3 2024, with revenues reaching $202,921 compared to $60,135 in Q3 2023, marking a 237% year-over-year increase. The company, which provides digital marketing and content delivery services across Discord and other social media platforms, attributes this growth to recent strategic acquisitions and partnerships. Management expressed optimism about future growth through continued strategic initiatives and collaborations.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.17%
Tags
none
-
Rhea-AI Summary

Asset Entities Inc. (NASDAQ: ASST), a digital marketing and content delivery services provider, has received an extension until February 17, 2025, to regain compliance with Nasdaq Listing Rule 5550(b)(1). The company must meet the minimum $2,500,000 stockholders' equity requirement for continued listing on The Nasdaq Capital Market tier.

Asset Entities presented a strategic plan to Nasdaq on October 7, 2024, detailing immediate and long-term strategies to regain compliance. The plan includes reducing operating costs and pursuing additional capital through strategic financing options. The company is working to improve its financial strength and operations, including ongoing cost reduction initiatives and raising additional capital for future acquisitions.

CEO Arshia Sarkhani expressed encouragement by Nasdaq's recognition of their efforts and the additional time granted. The company aims to continue its expansion and further development of Discord and social media services, citing a significant increase in revenues over the last year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.97%
Tags
none
Rhea-AI Summary

Asset Entities Inc. (NASDAQ: ASST) has signed a pivotal agreement with renowned fitness influencer Scott Mathison to design, develop, and manage his digital fitness community on Discord. Mathison, with over 1.5 million Instagram followers and 2.1 million TikTok followers, chose Asset Entities to create a subscription-based community offering workout routines, meal prep plans, challenges, and other fitness resources.

CEO Arshia Sarkhani expressed excitement about the partnership, highlighting the company's focus on fan engagement via Discord and community growth. This collaboration aligns with Asset Entities' expertise in digital marketing and content delivery across social media platforms, potentially creating one of the world's largest digital fitness communities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.14%
Tags
none
-
Rhea-AI Summary

Asset Entities Inc. (NASDAQ: ASST) has announced a new episode of 'The Lounge' podcast featuring former Miami Hurricanes players Michael Irvin and Sandy Jack. The episode, hosted by Kyle Fairbanks, will focus on their experiences as teammates at the University of Miami, playing under coach Jimmy Johnson, and winning a national championship.

Michael Irvin, nicknamed 'the Playmaker,' had a successful 12-year NFL career with the Dallas Cowboys and was inducted into the Pro Football Hall of Fame in 2007. He now works as an NFL analyst on Fox's FS1 sports show 'Speak.' Sandy Jack pursued a legal career after college, obtaining a Juris Doctorate from Georgetown University Law Center.

The podcast comes at an exciting time for the Miami Hurricanes, who are currently undefeated at 6-0. 'The Lounge' can be viewed on YouTube @TheAELounge. Asset Entities provides digital marketing and content delivery services across social media platforms and is also involved with the Ternary Payment Platform.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Asset Entities Inc. (NASDAQ: ASST), a digital marketing and content delivery services provider, has entered into an agreement with Maxx Talent Awards to design, develop, and manage their Discord server. Maxx Talent Awards is a platform for aspiring actors, models, and singers to showcase their talents to top Hollywood agents, modeling agencies, and industry professionals.

The collaboration aims to expand Maxx Talent Awards' operations and talent search globally through the Discord platform. Currently operating showcases in Salt Lake City, Utah, Maxx Talent Awards plans to open a digital showcase in the near future.

Maxx Talent Awards is led by industry veterans Branden Maxx, Gregory Gulley, and Lynn Sharon, who collectively bring over four decades of experience in Hollywood as agents and managers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
Tags
none
Rhea-AI Summary

Asset Entities Inc. (NASDAQ: ASST), a digital marketing and content delivery services provider, has completed a $3 million Series A Convertible Preferred Stock transaction. The company received an additional $1.5 million in gross proceeds from an institutional investor, following the initial $1.5 million closing on May 24, 2024. The Series A Preferred Stock has an initial stated value of $10,000 per share and is convertible into Class B Common Stock at an initial conversion price of $3.75, subject to alternate conversion prices at variable rates. CEO Arshia Sarkhani expressed excitement about the transaction, stating it will provide adequate capital for general corporate purposes and support the company's strategies, including potential acquisitions in the Discord and social media space.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.1%
Tags
none

FAQ

What is the current stock price of Asset Entities Class B (ASST)?

The current stock price of Asset Entities Class B (ASST) is $0.4457 as of December 24, 2024.

What is the market cap of Asset Entities Class B (ASST)?

The market cap of Asset Entities Class B (ASST) is approximately 2.6M.

What services does Asset Entities Inc. offer?

Asset Entities offers social media marketing, content delivery, Discord server management, and influencer-driven marketing campaigns.

What platforms does Asset Entities operate on?

Asset Entities operates across Discord, TikTok, Instagram, Twitter, and YouTube.

What is AE.360.DDM?

AE.360.DDM is Asset Entities' suite of services for the design, development, and management of Discord community servers.

What is the Social Influencer Network (SiN)?

SiN is a service offering white-label marketing, content creation, content management, TikTok promotions, and consulting.

Who hosts 'The Lounge' podcast?

'The Lounge' is hosted by TikToker Kyle Fairbanks, who is also the Executive Vice Chairman and Chief Marketing Officer of Asset Entities.

What recent partnerships has Asset Entities formed?

Asset Entities recently partnered with Zendrop, providing CRM solutions, Discord analytics, and payment processing services.

How can I learn more about Asset Entities?

You can visit their official website at www.assetentities.com and follow them on Twitter at @assetentities.

What is the focus of Asset Entities' subscription upgrades?

The subscription upgrades focus on providing premium content for investment education and entertainment on Discord servers.

Who are the key executives of Asset Entities?

The key executives include Arshia Sarkhani, President and CEO, and Michael Gaubert, Executive Chairman.

What distinguishes Asset Entities in the market?

Asset Entities is one of the first publicly traded companies based on the Discord platform, offering unique AE.360.DDM and SiN services.

Asset Entities Inc. Class B

Nasdaq:ASST

ASST Rankings

ASST Stock Data

2.64M
6.77M
20%
0.93%
0.55%
Internet Content & Information
Services-prepackaged Software
Link
United States of America
DALLAS