Following Strive's shareholder approval on September 4th, Asset Entities Inc. (ASST) announced that its shareholders have approved a merger with Strive Enterprises. The combined company will be renamed Strive Inc. and will implement a Bitcoin fund management strategy. Matt Cole, currently head of Strive Asset Management, will serve as chairman and CEO of the combined company, while Arshia Sarkhani, president and CEO of Asset Entities, will transition to the role of chief marketing officer and member of the board of directors. Strive expects to raise $750 million in a private placement (PIPE) financing upon closing, with potential gross proceeds exceeding $1.5 billion if warrants are exercised. (CoinDesk)