UPDATE – Asset Entities Inc. Completes Strategic Acquisition of the Assets of TommyBoyTV
Asset Entities Inc. (ASST)
Company Research
Source: GlobeNewswire
DALLAS, June 24, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or “the Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary payment platform company, today announced that it has acquired the assets of TommyBoyTV, LLC, a company engaged in the business of Discord development, social media, online community management, marketing, and analytics. Pursuant to the Asset Purchase Agreement, Asset Entities has paid TommyBoy $200,000 in cash as compensation for the acquired assets and entered into a consulting agreement with TommyBoy’s sole member and issued to TommyBoy’s sole member 25,000 shares of class B common stock as partial compensation for services to be rendered under the consulting agreement. Asset Entities CEO Arshia Sarkhani said the acquisition, which is accretive in nature, is expected to immediately generate over $40,000 in gross revenues monthly and $500,000 a
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ASST
News
- Asset Entities Inc. Announces Reverse Stock Split to Regain Compliance with Nasdaq’s Minimum Bid PriceGlobeNewswire
- Asset Entities Golf Consultant and Shareholder Bryson DeChambeau Wins U.S. OpenGlobeNewswire
- Asset Entities Inc. Completes Strategic Acquisition of the Assets of TommyBoyTVGlobeNewswire
- Asset Entities Announces Third Episode of “The Lounge” Podcast With Two-time NFL Superbowl Champion Ray CrockettGlobeNewswire
- Asset Entities Announces Second Episode of "The Lounge" Podcast with Music Industry Legend Jeff BlueGlobeNewswire
ASST
Sec Filings
- 6/28/24 - Form 8-K
- 6/25/24 - Form 8-K
- 6/20/24 - Form S-1/A
- ASST's page on the SEC website