Asset Entities, which provides Gen Z-focused digital investment education and entertainment services, filed on Friday with the SEC to raise up to $17 million in an initial public offering.
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.
The Dallas, TX-based company was founded in 2020 and booked $1 million in revenue for the 12 months ended June 30, 2022. It plans to list on the Nasdaq under the symbol ASST. Asset Entities filed confidentially on May 2, 2022. Boustead Securities is the sole bookrunner on the deal. No pricing terms were disclosed.
