Filing Details

Accession Number:
0001213900-24-079101
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-09-16 19:31:31
Reporting Period:
2024-09-10
Accepted Time:
2024-09-16 19:31:31
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1920406 Asset Entities Inc. ASST Services-Prepackaged Software (7372) 881293236
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1928732 Arman Sarkhani C/O Asset Entities Inc.,
100 Crescent Ct, 7Th Floor
Dallas TX 75201
Chief Operating Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class B Common Stock Acquisiton 2024-09-10 256,406 $0.00 256,406 No 4 C Indirect By Asset Entities Holdings, LLC
Class B Common Stock Disposition 2024-09-12 179,683 $1.97 76,723 No 4 S Indirect By Asset Entities Holdings, LLC
Class B Common Stock Disposition 2024-09-13 76,723 $1.55 0 No 4 S Indirect By Asset Entities Holdings, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect By Asset Entities Holdings, LLC
No 4 S Indirect By Asset Entities Holdings, LLC
No 4 S Indirect By Asset Entities Holdings, LLC
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Class A Common Stock Disposition 2024-09-10 256,406 $0.00 256,406 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,250,000 No 4 C Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class B Common Stock 21,734 Direct
Footnotes
  1. Shares held of record by Asset Entities Holdings, LLC. The reporting person disclaims beneficial ownership of the shares except to the extent of such person's pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.85 to $2.19, inclusive. The reporting person undertakes to provide to Asset Entities Inc., any security holder of Asset Entities Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.47 to $1.6701, inclusive. The reporting person undertakes to provide to Asset Entities Inc., any security holder of Asset Entities Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
  4. The Class A Common Stock is convertible into the issuer's Class B Common Stock on a 1-for-1 basis (a) at the holder's option or (b) upon certain transfers of such shares and has no expiration date.