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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except that an offer to the public in that Relevant Member State of any securities may be made at any time under the following exemptions under the Prospectus Directive, if they have been implemented in that Relevant Member State: any legal entity which is a qualified investor as defined in the Prospectus Directive; fewer than 100 or, if the Relevant Member State has implemented the relevant provision of the 2010 PD Amending Directive, 150, natural or legal persons (other than qualified investors as defined in the Prospectus Directive), as permitted under the Prospectus Directive, subject to obtaining the prior consent of the representatives for any such offer; or any other circumstances falling within Article 3(2) of the Prospectus Directive, provided that no such offer of securities shall result in a requirement for the publication by us or any underwriters of a prospectus pursuant to Article 3 of the Prospectus Directive.

For
the purposes of this provision, the expression an “offer to the public” in relation to any securities in any Relevant Member
State means the communication in any form and by any means of sufficient information on the terms of the offer and any securities to
be offered so as to enable an investor to decide to purchase any securities, as the same may be varied in that Member State by any measure
implementing the Prospectus Directive in that Member State, the expression “Prospectus Directive” means Directive 2003/71/EC
(and amendments thereto, including the 2010 PD Amending Directive, to the extent implemented in the Relevant Member State), and includes
any relevant implementing measure in the Relevant Member State, and the expression “2010 PD Amending Directive” means Directive

United
Kingdom

Neither
the information in this document nor any other document relating to the offer has been delivered for approval to the Financial Services
Authority in the United Kingdom and no prospectus (within the meaning of section 85 of the Financial Services and Markets Act 2000, as
amended (“FSMA”)) has been published or is intended to be published in respect of the securities. This document is issued
on a confidential basis to “qualified investors” (within the meaning of section 86(7) of FSMA) in the United Kingdom, and
the securities may not be offered or sold in the United Kingdom by means of this document, any accompanying letter or any other document,
except in circumstances which do not require the publication of a prospectus pursuant to section 86(1) FSMA. This document should not
be distributed, published or reproduced, in whole or in part, nor may its contents be disclosed by recipients to any other person in
the United Kingdom.

Any
invitation or inducement to engage in investment activity (within the meaning of section 21 of FSMA) received in connection with the
issue or sale of the securities has only been communicated or caused to be communicated and will only be communicated or caused to be
communicated in the United Kingdom in circumstances in which section 21(1) of FSMA does not apply to the Company.

the United Kingdom, this document is being distributed only to, and is directed at, persons (i) who have professional experience in matters
relating to investments falling within Article 19(5) (investment professionals) of the Financial Services and Markets Act 2000 (Financial
Promotions) Order 2005 (“FPO”), (ii) who fall within the categories of persons referred to in Article 49(2)(a) to (d) (high
net worth companies, unincorporated associations, etc.) of the FPO, or (iii) to whom it may otherwise be lawfully communicated (together
“relevant persons”). The investments to which this document relates are available only to, and any invitation, offer or agreement
to purchase will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document
or any of its contents.

Switzerland

The
securities may not be publicly offered in Switzerland and will not be listed on the SIX Swiss Exchange (“SIX”) or on any
other stock exchange or regulated trading facility in Switzerland. This document has been prepared without regard to the disclosure standards
for issuance prospectuses under art. 652a or art. 1156 of the Swiss Code of Obligations or the disclosure standards for listing prospectuses
under art. 27 ff. of the SIX Listing Rules or the listing rules of any other stock exchange or regulated trading facility in Switzerland.
Neither this document nor any other offering material relating to the securities may be publicly distributed or otherwise made publicly
available in Switzerland.

Neither
this document nor any other offering material relating to the securities have been or will be filed with or approved by any Swiss regulatory
authority. In particular, this document will not be filed with, and the offer of securities will not be supervised by, the Swiss Financial
Market Supervisory Authority (FINMA).

This
document is personal to the recipient only and not for general circulation in Switzerland.

Australia

This
prospectus is not a disclosure document under Chapter 6D of the Australian Corporations Act, has not been lodged with the Australian
Securities and Investments Commission and does not purport to include the information required of a disclosure document under Chapter
6D of the Australian Corporations Act. Accordingly, (i) the offer of the securities under this prospectus is only made to persons to
whom it is lawful to offer the securities without disclosure under Chapter 6D of the Australian Corporations Act under one or more exemptions
set out in section 708 of the Australian Corporations Act, (ii) this prospectus is made available in Australia only to those persons
as set forth in clause (i) above, and (iii) the offeree must be sent a notice stating in substance that by accepting this offer, the
offeree represents that the offeree is such a person as set forth in clause (i) above, and, unless permitted under the Australian Corporations
Act, agrees not to sell or offer for sale within Australia any of the securities sold to the offeree within 12 months after its transfer
to the offeree under this prospectus.

LEGAL
MATTERS

The
validity of the shares of common stock offered hereby and certain other legal matters will be passed upon for us by Lucosky Brookman
LLP, 101 Wood Avenue South, 5th Floor, Woodbridge, New Jersey. [_____] is acting as counsel to the underwriters.

EXPERTS

The
consolidated financial statements of Ambitious Entertainment, Inc. as of and for the years ended December 31, 2024 and 2023 included
in this prospectus have been audited by Marcum LLP, independent registered public accounting firm, as set forth in their report, which
contains an explanatory paragraph as to the Company’s ability to continue as a going concern, appearing elsewhere herein, and are
included in reliance upon such report, given on the authority of such firm as experts in accounting and auditing.

WHERE
YOU CAN FIND MORE INFORMATION

have filed a registration statement, of which this prospectus is a part, on Form S-1 with the SEC relating to this offering. This prospectus
does not contain all of the information in the registration statement and its exhibits filed with the registration statement. For further
information pertaining to us and the shares of our common stock offered by this prospectus, you should refer to the registration statement
and its exhibits. References to, and statements contained in this prospectus as to, any of our contracts, agreements or other documents
are not necessarily complete, and you should refer to the exhibits filed as part of the registration statement for copies of the actual
contracts, agreements or other documents.

You
can read our SEC filings, including the registration statement, at the SEC’s website at www.sec.gov.

are subject to the information reporting requirements of the Exchange Act, and we will file periodic reports, proxy statements and other
information with the SEC. These periodic reports, proxy statements and other information will be available for inspection and copying
at the public reference room and website of the SEC referred to above. We also maintain a website at www.ambitious.tv, at which you may
access these materials free of charge as soon as reasonably practicable after they are electronically filed with the SEC. The information
contained in, or that can be accessed through, our website is not, and should not be, considered part of this prospectus.

INDEX
TO CONSOLIDATED FINANCIAL STATEMENTS

Page

Report of Independent Registered Public
Accounting Firm (PCAOB ID: 6797)	F-2

Consolidated
Balance Sheets as of December 31, 2024 and 2023	F-3

Consolidated
Statements of Operations for the years ended December 31, 2024 and 2023	F- 4

Consolidated
Statements of Changes in Stockholders’ Deficit for the years ended December 31, 2024 and 2023	F- 5

Consolidated
Statements of Cash Flows for the years ended December 31, 2024 and 2023	F- 6

Notes to Consolidated Financial Statements	F- 7

Condensed Consolidated Balance Sheets as of March 31, 2025 (unaudited) and December 31, 2024	F-30

Unaudited Condensed Consolidated Statements of Operations for the three months ended March 31, 2025, and March 31, 2024	F-31