Strive CEO Matt Cole said he has asked the market for feedback on whether the company should temporarily halt issuance of SATA preferred stock. According to NS3.AI, Cole cited a rise in SATA short interest of about one million shares over the past 30 days, alongside higher stock lending costs.
SATA closed at $91.05 on June 30 after hitting an all-time low of $80.50 on June 26.
Strive CEO Seeks Feedback on Pausing SATA Preferred Stock Issuance After Short Interest Rises
2026-07-01 00:01:50
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