Strive, Inc. 10-K

ITEM 2. PROPERTIES. Although we are a remote-first company, we have a central office in Dallas, Texas. All of our independent contractors and employees are remote-first and supply their own equipment and office space. In the future, we may seek to expand our physical facilities to accommodate our growth. Our headquarters is in Dallas, leased through Regus Management at The Crescent Office Complex located at 100 Crescent Court, 7th Floor, in Dallas, Texas. Our rent was initially $32.82 per day from February 1, 2022 to January 31, 2023. On October 10, 2022, we renewed an office lease at this location for $1,085 per month from February 1, 2023 to January 31, 2024. On May 4, 2022, we leased an office at this location for a daily payment of $44.63 from June 1, 2022 to May 31, 2023. On March 3, 2023, we transferred an office lease to a different office at this location for a monthly payment of $4,989 from March 7, 2023 to May 31, 2023. On March 6, 2023, we renewed an office lease at this location for a monthly payment of $5,104 from June 1, 2023 to February 29, 2024. On October 10, 2023, we renewed an office lease at this location for a monthly payment of $1,228 from February 1, 2024 to January 31, 2025. On November 9, 2023, we renewed an office lease at this location for a monthly payment of $5,329 from March 1, 2024 to November 30, 2024. On June 9, 2024, between the Company and Regus Management, we renewed an office lease at this location for a monthly payment of $1,981 from October 1, 2024 to September 30, 2025. Each lease will automatically renew for an additional one-year term unless cancelled by either party with at least three months’ notice. The rent on any renewal will be at the then-prevailing market rate. We believe that all our properties have been adequately maintained, are generally in good condition, and are suitable and adequate for our businesses.