SEC Filing Document

Company: Ambitious Entertainment, Inc.
Ticker: 
CIK: 1900851
Filing Type: DRS
Document Type: DRS
Date Filed: 2025-07-17
Accession Number: 0001493152-25-011282
Exchange: 
SIC Code: 7812
SIC Description: Services-Motion Picture & Video Tape Production
URL: https://www.sec.gov/Archives/edgar/data/1900851/000149315225011282/filename1.htm

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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]**

14.1 Code
of Business Conduct and Ethics**

21.1 List
of Subsidiaries of Registrant**

23.1 Consent
of Marcum LLP**

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.

reflect in the prospectus any facts or events arising after the effective date of the registration
statement (or the most recent post-effective amendment thereof) which, individually or in
the aggregate, represent a fundamental change in the information set forth in the registration
statement. Notwithstanding the foregoing, any increase or decrease in volume of securities
offered (if the total dollar value of securities offered would not exceed that which was
registered) and any deviation from the low or high end of the estimated maximum offering
range may be reflected in the form of prospectus filed with the Commission pursuant to Rule
424(b) if, in the aggregate, the changes in volume and price represent no more than 20% change
in the maximum aggregate offering price set forth in the “Calculation of Registration
Fee” table in the effective registration statement.

(iii)	To
include any material information with respect to the plan of distribution not previously
disclosed in the registration statement or any material change to such information in the
registration statement.

That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed
to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall
be deemed to be the initial bona fide offering thereof.

To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the
termination of the offering.

The
undersigned registrant hereby undertakes that:

For purposes of determining any liability under the Securities Act, the information omitted from the form of prospectus filed as part
of this registration statement in reliance upon Rule 430A and contained in a form of prospectus filed by the Registrant pursuant to Rule
424(b)(1) or (4) or 497(h) under the Securities Act shall be deemed to be part of this registration statement as of the time it was declared
effective.

For the purpose of determining any liability under the Securities Act, each post-effective amendment that contains a form of prospectus
shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at
that time shall be deemed to be the initial bona fide offering thereof.

Insofar
as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of
the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Securities
and Exchange Commission 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, the Registrant will, unless
in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the
question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final
adjudication of such issue.

SIGNATURES

Pursuant
to the requirements of the Securities Act of 1933, we have duly caused this registration statement on Form S-1 to be signed on its behalf
by the undersigned, thereunto duly authorized, in the City of ________, State of ____________, on the ___ day of _________, 2025.

AMBITIOUS
ENTERTAINMENT, INC.

Kirk E. Shaw

Kirk
E. Shaw

Co-President
and Interim Chief Executive Officer

POWER
OF ATTORNEY

KNOW
ALL PERSONS BY THESE PRESENTS, that each person whose individual signature appears below hereby authorizes and appoints Kirk E. Shaw,
with full power of substitution and resubstitution and full power to act without the other, as his true and lawful attorney-in-fact and
agent to act in his name, place and stead and to execute in the name and on behalf of each person, individually and in each capacity
stated below, and to file any and all amendments to this registration statement on Form S-1, and to file the same, with all exhibits
thereto, and other documents in connection therewith, with the SEC, granting unto said attorneys-in-fact and agents, and each of them,
full power and authority to do and perform each and every act and thing, ratifying and confirming all that said attorneys-in-fact and
agents or any of them or their or his substitute or substitutes may lawfully do or cause to be done by virtue thereof.

Pursuant
to the requirements of the Securities Act, this registration statement has been signed by the following persons in the capacities and
on the dates indicated.

Signature Title Date

Kirk E. Shaw Co-President
and Interim Chief Executive Officer ______,

Kirk
E. Shaw (Principal
Executive Officer)

Chris Philips Co-President ______,

Chris
Philips

/s/Melony
Valleau Chief
Financial Officer ______,

Melony
Valleau (Principal
Accounting Officer)