Matt Cole: SATA preferred stock target price remains at $100, cancellation of automatic new share issuance guarantee

Strive CEO Matt Cole stated that the target price for SATA preferred shares remains at 100 USD, but the company has canceled the guarantee of automatically issuing new shares at that price. Matt Cole noted that current market conditions are not normal, and maintaining flexibility in issuance can help avoid being exploited by short sellers. Future issuance decisions will take into account data such as short interest ratios and borrowing costs, and no specific actions will be announced in advance.