Is SATA diluting shareholders?

Read three numbers together: shares outstanding over time (see chart), warrants that can convert into new shares (21,000 reported), and how much cash runway remains (~80.8331558231072 months). A company short on cash with live registrations is structurally likely to issue shares.

Where do these numbers come from?

SEC EDGAR only: the XBRL company-facts API for shares, warrants and cash, and filing metadata for registrations and pricings. Every figure shows its source form, and nothing here is estimated by us beyond the arithmetic stated next to it.

Why might a warrant tranche be missing from the table?

The tranche table is built from the dimensions the company tagged in its own 10-Q or 10-K XBRL. A tranche the filer chose not to dimension does not appear, and its absence proves nothing: the exhibits remain the ground truth. Everything shown carries the filing it came from.

Dilution profile // every instrument, one screen, from SEC filings

Strive, Inc. (SATA)

CIK 1920406 · all EDGAR filings →

Overall dilution risk

HIGHworst of 2 computed signals (offering ability)

= the worst band among the computed sub-ratings, no hidden weighting

not every sub-rating was computable; treat as a floor

Offering ability

HIGH$450M registered

= total registered offering amount from the fee exhibits of live registrations (bands: $1M / $20M)

one or more live registrations had no structured fee data, so the true total is AT LEAST this

Overhead supply

NOT COMPUTEDno warrant count tagged in XBRL

= warrant shares outstanding divided by current shares outstanding

absence of a tag is not proof of absence of warrants

Historical dilution

NOT COMPUTEDunder 3 years of share history on file

= share count now vs 3 years ago

Cash need

LOW~80.8 months of runway

= cash vs trailing operating burn (bands: 6mo / 24mo; positive operating CF = low)

Same rating bands the category standard uses, but free, with the formula on the chip and the gaps in the data said out loud.

Shares outstanding over time

Fewer than two cover-page share counts on file, so there is no history to chart.

Cash runway

Self-funding

generates cash

Full breakdown: cash runway tool · source filing →

Warrants

Tranche	Warrants	Exercise price	Term	Notes
PIPE Traditional Warrants	531.9M	$1.35	—	—
PIPE Pre Funded Warrants	1.1M	$0.0001	—	—

Tranches exactly as the company dimensioned them in its 10-Q filed Aug 10, 2026 →. Groupings can overlap (a “Series E and F” row is not additive with a “Series E” row), so do not sum this column. A tranche the filer did not tag is absent here, not absent from the cap table. DOWN-ROUND = the filer tagged price-protection accounting scoped to that tranche.

Warrants outstanding: 21,000 underlying shares, as reported Feb 7, 2023 (10-K).

Reported exercise price: $3.75 (aggregate figure as tagged; individual tranches vary).

Balance-sheet fair value of warrants: $749.6M as of Sep 12, 2025.

Convertible notes

No convertible-note facts tagged in the 10-Q filed Aug 10, 2026. If convertible notes exist, their terms live in exhibit prose for this filer and are not parsed; absence of a tag is not proof of absence. The exhibits are the ground truth.

Registrations and offerings

Registered offering capacity on live registrations: $450.0Mfrom the structured fee exhibits; registered is not remaining, takedowns are not subtracted

S-3ASRSep 15, 2025$450.0M registeredfiling →

S-1Dec 16, 2024no structured fee exhibit in this filing (predates fee-data XBRL or fee deferred)filing →

S-1Oct 31, 2024no structured fee exhibit in this filing (predates fee-data XBRL or fee deferred)filing →

Last 12 months: 10 executed · 1 registered.

EXECUTEDJun 8, 2026Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5 →

EXECUTEDJun 5, 2026Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5 →

MARKETINGMay 14, 2026Free-writing prospectus — offering being marketedFWP →

MARKETINGMar 25, 2026Free-writing prospectus — offering being marketedFWP →

MARKETINGMar 11, 2026Free-writing prospectus — offering being marketedFWP →

MARKETINGFeb 20, 2026Free-writing prospectus — offering being marketedFWP →

EXECUTEDJan 28, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →

EXECUTEDJan 23, 2026Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5 →

EXECUTEDJan 22, 2026Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5 →

MARKETINGJan 22, 2026Free-writing prospectus — offering being marketedFWP →

MARKETINGJan 2, 2026Free-writing prospectus — offering being marketedFWP →

MARKETINGDec 18, 2025Free-writing prospectus — offering being marketedFWP →

Full history and shelf status: offering checker · S-3 shelf checker

Source: SEC EDGAR XBRL company facts and filing metadata, fetched live and cached briefly. Share counts are cover-page figures with their form named. Warrant tranches and convertible notes come from the dimensioned facts in the latest 10-Q/10-K instance document, exactly as the company tagged them; untagged tranches and notes are absent, not disproven. Nothing on this page is manually verified and nothing is behind a login: what free data supports is shown, what it cannot support is stated. Not investment advice.

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