SEC Filing Document

Company: Ambitious Entertainment, Inc.
Ticker: 
CIK: 1900851
Filing Type: DRS/A
Document Type: DRS/A
Date Filed: 2025-10-08
Accession Number: 0001493152-25-017387
Exchange: 
SIC Code: 7812
SIC Description: Services-Motion Picture & Video Tape Production
URL: https://www.sec.gov/Archives/edgar/data/1900851/000149315225017387/filename1.htm

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This is in addition to a dealer’s obligation to deliver a prospectus when acting as an underwriter and with respect to an unsold allotment or subscription. PART INFORMATION NOT REQUIRED IN PROSPECTUS Item 13. Other Expenses of Issuance and Distribution The following table sets forth the costs and expenses, other than the underwriting discounts and commissions, payable by us in connection with the sale of the shares of common stock being registered hereby. All amounts are shown are estimates, except the SEC registration fee, the FINRA filing fee and the NYSE American listing fee. SEC registration fee $ [●] FINRA filing fee [●] the NYSE American listing fee [●] Printing and engraving expenses [●] Legal fees and expenses [●] Accounting fees and expenses [●] Transfer agent and registrar fees and expenses [●] Miscellaneous expenses [●] Total $ [●] To be completed by amendment. Item 14. Indemnification of Directors and Officers

Ambitious
Entertainment Inc. is incorporated under the law of the State of Nevada. Neither our articles of incorporation nor bylaws prevent us
from indemnifying our officers, directors and agents to the extent permitted under the Nevada Revised Statutes (“NRS”). Section
78.7502 of the NRS provides that a corporation shall indemnify any director, officer, employee or agent of a corporation against expenses,
including attorneys’ fees, actually and reasonably incurred by him in connection with any defense to the extent that a director,
officer, employee or agent of a corporation has been successful on the merits or otherwise in defense of any action, suit or proceeding
referred to in Section 78.7502(1) or 78.7502(2), or in defense of any claim, issue or matter therein.

Section
78.7502(1) of the NRS provides that a corporation may indemnify any person who was or is a party or is threatened to be made a party
to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative, except
an action by or in the right of the corporation, by reason of the fact that he is or was a director, officer, employee or agent of the
corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation,
partnership, joint venture, trust or other enterprise, against expenses, including attorneys’ fees, judgments, fines and amounts
paid in settlement actually and reasonably incurred by him in connection with the action, suit or proceeding if he: (a) is not liable
pursuant to NRS 78.138; or (b) acted in good faith and in a manner which he reasonably believed to be in or not opposed to the best interests
of the corporation, and, with respect to any criminal action or proceeding, had no reasonable cause to believe his conduct was unlawful.

Section
78.7502(2) of the NRS provides that a corporation may indemnify any person who was or is a party or is threatened to be made a party
to any threatened, pending or completed action or suit by or in the right of the corporation to procure a judgment in its favor by reason
of the fact that he is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation
as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise against expenses,
including amounts paid in settlement and attorneys’ fees actually and reasonably incurred by him in connection with the defense
or settlement of the action or suit if he: (a) is not liable pursuant to NRS 78.138; or (b) acted in good faith and in a manner which
he reasonably believed to be in or not opposed to the best interests of the corporation. Indemnification may not be made for any claim,
issue or matter as to which such a person has been adjudged by a court of competent jurisdiction, after exhaustion of all appeals there
from, to be liable to the corporation or for amounts paid in settlement to the corporation, unless and only to the extent that the court
in which the action or suit was brought or other court of competent jurisdiction determines upon application that in view of all the
circumstances of the case, the person is fairly and reasonably entitled to indemnity for such expenses as the court deems proper.

Section
78.747 of the NRS provides that except as otherwise provided by specific statute, no director or officer of a corporation is individually
liable for a debt or liability of the corporation, unless the director or officer acts as the alter ego of the corporation. The court
as a matter of law must determine the question of whether a director or officer acts as the alter ego of a corporation.

Insofar
as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers or persons controlling us
pursuant to the foregoing provisions, we have been informed that, in the opinion of the SEC, such indemnification is against public policy
as expressed in the Securities Act and is therefore unenforceable. In the event that a claim for indemnification against such liabilities
(other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant
in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection
with the securities being registered, we will, unless in the opinion of our counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such indemnification by us is against public policy as expressed hereby
in the Securities Act and we will be governed by the final adjudication of such issue.

Under
our Articles of Incorporation and Bylaws of the corporation, we may indemnify an officer or director who is made a party to any proceeding,
including a lawsuit, because of his position, if he acted in good faith and in a manner, he reasonably believed to be in our best interest.
We may advance expenses incurred in defending a proceeding. To the extent that the officer or director is successful on the merits in
a proceeding as to which he is to be indemnified, we must indemnify him against all expenses incurred, including attorney’s fees.
With respect to a derivative action, indemnity may be made only for expenses actually and reasonably incurred in defending the proceeding,
and if the officer or director is judged liable, only by a court order. The indemnification is intended to be to the fullest extent permitted
by the laws of the State of Nevada.

Item
15. Recent Sales of Unregistered Securities

come]

Item
16. Exhibits and Financial Statement Schedules

INDEX
TO EXHIBITS

Exhibit
No. Description
of Exhibit

1.1 Form
of Underwriting Agreement**

3.1 Amended
and Restated Certificate of Incorporation**

3.2 Amended
and Restated Bylaws**

4.1 Form
of Common Stock Certificate**

4.2 Form
of Representative’s Warrant**

5.1 Opinion
of Lucosky Brookman LLP**

be completed – including addition of certain employment agreements]**

10.2 First
Promissory Note dated December 31, 2022, issued by the Company to Roots Properties, Inc**

10.3 Second
Promissory Note dated December 31, 2022, issued by the Company to Roots Properties, Inc**

10.4 Promissory Note
dated December 2023, issued by the Company to JC3 Productions**

10.5 First Promissory
Note dated December 2023, issued by the Company to Kirk Shaw**

10.6 Second Promissory
Note dated December 2023, issued by the Company to Kirk Shaw**

14.1 Code
of Business Conduct and Ethics**

21.1 List
of Subsidiaries of Registrant**

23.1 Consent
of Bush & Associates CPA LLC **

23.2 Consent
of Lucosky Brookman LLP (included in Exhibit 5.1)**

24.1 Power of Attorney (see page II-4 to this registration statement)

99.1 Audit
Committee Charter**

99.2 Compensation
Committee Charter**

99.3 Nominating
and Corporate Governance Committee Charter**

99.4 Insider
Trading Policy**

99.5 Related
Party Transactions Policy and Procedures**

99.6 Clawback
Policy**

99.7 Consent
of __________ to be named as director nominee**

107 Filing
Fee Table**

*	Previously
filed.

be filed by amendment.

+	Indicates
a management contract or compensatory plan or arrangement.

(b)	Financial
statement schedules.

None.

Item
17. Undertakings

The
undersigned registrant hereby undertakes:

To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:

include any prospectus required by Section 10(a)(3) of the Securities Act of 1933, as amended.