Company: AHRO
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001477932-25-002774
Chunk: 1149

Company: Authentic Holdings, Inc.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 8
Chunk 1149
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 the Redemption provision then all the assets of the Company available to be distributed shall be distributed ratably to the holders of the Series Z Preferred and then to the holders of other outstanding shares of capital stock of the Company. If upon any liquidation, dissolution, or winding up of the Company, whether voluntary or involuntary, the assets to be distributed to the holders of the Series Z Preferred shall be insufficient to permit the payment to the holders thereof the full preferential amount as provided herein, then such available assets shall be distributed ratably to the holders of the Series Z Preferred. Each share of Series Z Preferred shall be convertible at a fifty (50%) discount to the closing stock price of Authentic Holdings Inc., on the day the Holder gives notice to the Company at the option of the holder(s), on the Conversion Basis in effect at the time of conversion. Such right to convert shall commence as of the Issue Date and shall continue thereafter for a period of one (1) year, such period ending on the tenth anniversary of the Issue Date  On December 31, 2024, and 2023, there were 5,442 and 0 shares of Series Z Preferred Stock issued and outstanding, respectively. During the year ended December 31, 2024, the Company issued 5,442 shares of Series Z preferred shares for net proceeds of $136,030. Common Stock As of December 31, 2024, and 2023, the Company had  2,262,255,848 and 2,024,420,237 shares of its $0.001 par value common stock issued and outstanding, respectively.  During the year ended December 31, 2024, the Company issued common shares as follows:  ·Issued 237,835,611 shares of common stock for the conversion of notes valued at $313,460; and ·Issued 35,700 commitment shares for cash amounting to $35,700.  During the year ended December 31, 2023, the Company issued common shares as follows:  ·Issued 15,555,556 shares of common stock for cash amounting to $35,000; and ·Issued 451,467,019 shares of common stock for the conversion of notes values as $641,503.

 F-15Table of Contents

Common Stock Issuable As of December 31, 2024 and 2023, the Company had 52,