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Fidelity is pleased to announce that we are able to provide eligible customers with the possibility of participating in the following public offering:
The Strategy perpetual Stride preferred stock offering is available to all brokerage clients with $10,000 or more in retail brokerage assets. The offering is of a perpetual preferred stock with a $100 stated amount per share and with a 10% dividend per annum that is non-rated (NR/NR). Strategy has applied to list the perpetual preferred on the NASDAQ under symbol "STRD". If the listing is approved, Strategy expects trading to commence within 30 days after the date the perpetual preferred stock is first issued.
This offering will need to be confirmed after the offering has priced, which we expect to occur shortly after 12:00 PM ET on 06/05/2025. You will only have two hours to confirm your indication of interest after the offering prices. For complete details on the offering and related potential risks, please review the preliminary prospectus supplement and an accompanying prospectus (the "prospectus") which are available at http://Fidelity.com/ipo.
Fidelity is pleased to announce that we are able to provide eligible customers with the possibility of participating in the following public offering:
Name of Issuer | MicroStrategy Incorporated (d/b/a Strategy) |
Industry | Technology |
Security type | Perpetual Preferred Stock |
Expected size of offering | 2,500,000 Shares |
Expected price range | $100.00 - $100.00 |
Offering type | Perpetual Preferred Public Offering |
Distribution by | The Issuer |
Expected pricing date | 06/05/2025 after 12:00 PM ET |
Indication of Interest Period | 06/02/2025 to 06/05/2025 by 12:00 PM ET |
The Strategy perpetual Stride preferred stock offering is available to all brokerage clients with $10,000 or more in retail brokerage assets. The offering is of a perpetual preferred stock with a $100 stated amount per share and with a 10% dividend per annum that is non-rated (NR/NR). Strategy has applied to list the perpetual preferred on the NASDAQ under symbol "STRD". If the listing is approved, Strategy expects trading to commence within 30 days after the date the perpetual preferred stock is first issued.
This offering will need to be confirmed after the offering has priced, which we expect to occur shortly after 12:00 PM ET on 06/05/2025. You will only have two hours to confirm your indication of interest after the offering prices. For complete details on the offering and related potential risks, please review the preliminary prospectus supplement and an accompanying prospectus (the "prospectus") which are available at http://Fidelity.com/ipo.