Asset Entities, which provides Gen Z-focused digital investment education and entertainment services, raised $8 million by offering 1.5 million shares at $5, as expected.
Asset Entities provides social media marketing and content delivery services across social media platforms. The company's business includes designing, developing, and managing servers for communities on Discord, offering Discord investment education and entertainment services, and other social media and marketing services on platforms such as TikTok, Twitter, Instagram, and YouTube.
Asset Entities plans to list on the Nasdaq under the symbol ASST. Boustead Securities acted as sole bookrunner on the deal.
