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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.

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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.

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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.

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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.

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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.

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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.

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Asset Entities Inc. (NASDAQ: ASST), a digital marketing and content delivery services provider, has regained compliance with Nasdaq listing requirements. The company received formal notice from Nasdaq confirming that it has met the minimum bid price requirement of $1.00 for at least ten consecutive business days. Additionally, Asset Entities has achieved compliance with the stockholders' equity requirement by obtaining more than $2,500,000 in equity. As a result, both listing matters have been closed, and the company's Class B Common Stock will continue to trade on The Nasdaq Capital Market under the symbol ASST.

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Asset Entities announced a 1-for-5 reverse stock split for its Class A and Class B common stocks, effective July 2, 2024, to comply with Nasdaq's minimum bid price requirement. Each 5 shares of existing stock will convert into one share, and the authorized shares will reduce to 2,000,000 for Class A and 38,000,000 for Class B. The par value and other stock terms remain unchanged. Fractional shares will be rounded up, and stockholders need not take action as changes will reflect automatically in brokerage accounts. Additional details are available in the SEC filing dated June 28, 2024.

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Asset Entities congratulates Bryson DeChambeau for winning the U.S. Open at Pinehurst Resort, North Carolina. DeChambeau, an Asset Entities consultant and shareholder, secured his second U.S. Open title by defeating Rory McIlroy with a final score of six-under 274. This victory makes DeChambeau one of the few golfers to win both the U.S. Open and NCAA Division I Championships. He has played a key role since June last year in expanding awareness of the company’s Discord Design, Development, and Management (DDM) services. Asset Entities CEO Arshia Sarkhani highlighted the importance of DeChambeau’s collaboration and looks forward to further expanding their presence in the sports and entertainment sectors.

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Asset Entities, a digital marketing and content delivery company, announced the acquisition of TommyBoyTV's assets on June 17, 2024. This $200,000 cash transaction, supplemented by 25,000 shares of class B common stock, includes a consulting agreement with TommyBoyTV’s sole member. This acquisition is expected to boost Asset Entities' monthly gross revenue by $40,000 and annual revenue by $500,000. CEO Arshia Sarkhani highlighted the strategic importance of this acquisition in expanding their Discord community market share. The move follows the company's acquisition of Ternary Payment Processing Platform and OptionsSwing last November, which significantly increased gross revenues.

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Asset Entities (NASDAQ: ASST) has announced the third episode of its YouTube podcast, 'The Lounge,' featuring two-time NFL Super Bowl champion Ray Crockett. The episode, hosted by TikToker Kyle Fairbanks, premieres on May 23, 2024. Crockett will share insights from his NFL career, including his time with the Detroit Lions and Denver Broncos, and his post-retirement ventures in television and youth coaching. The company's podcast aims to engage its community on Discord and other social media platforms. Visit 'The Lounge' on YouTube @TheAELounge.

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FAQ

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

The current stock price of Asset Entities Class B (ASST) is $0.801 as of November 4, 2024.

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

The market cap of Asset Entities Class B (ASST) is approximately 2.8M.

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

2.77M
2.21M
18.83%
0.7%
0.37%
Internet Content & Information
Services-prepackaged Software
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United States of America
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